International Wayside still in the doghouse
The Canadian Venture Exchange index tacked on 54.01 points, or 1.6%, to close the report period ended June 13 at 3,464.6. All indices posted minor gains, included the mining index, which was up 93.28 …
News
Freeport buys into La Verde Grande
The Mexican subsidiary of Freeport-McMoRan Copper & Gold (FCX-N) will acquire a 51% interest in the La Verde Grande porphyry copper property. Situated in Sonora state, the property is currently 100%-o…
Nickel’s high-tech potential
In a technological age that promises to miniaturize everything from motors to computer chips, nickel is expected to play an increasingly important role. The emerging field of micro-electro-mechanical …
Con
Metallica Resources (MR-T) has drawn up a simplified mine/mill plan for its 50%-owned Cerro San Pedro gold-silver project in central Mexico.The simplification entails eliminating the crushing circuit …
Con and Giant mines exceed expectations
Following a solid performance in the recent first quarter, Miramar Mining (MAE-T) intends to increase gold production, reduce operating costs and extend the operating life of the Con and Giant mines, …
MOST ACTIVE ISSUES, June 7-13
ExchgVol(000s)HighLowCloseChangeAlcoa*N 15875 61.38 27.88 28.06 – 33.32…
Law change eases claim backlog
Alaska Governor Tony Knowles has signed a bill that will amend the Alaska State Mining Law to ease the backlog of unprocessed claims.Under Bill 175, which takes effect in late August, claims can be pr…
Kassandra division upheld
The Court of Appeal for Ontario has dismissed opposing appeals brought forth by a group of investors known as the Alpha Group and TVX Gold (TVX-T) in relation to their advanced Kassandra property in G…
Mining resumes at Brewery Creek
Following an exhaustive and careful analysis, Viceroy Resource (VOY-T) has resumed seasonal mining at its Brewery Creek gold mine in the Yukon.The decision to continue mining was based on a review of …
A system at work
Market-watchers disillusioned by the scams of the late 1990s had a little light shine on their faces in the past two months, as the Canadian Venture Exchange used its regulatory power to fix a situati…
PEOPLE (June 19, 2000)
Ashton — Robert Boyd appointed president and CEO.Gold Canyon — Perry English appointed vp land management.
The Northern Miner – North American Mining Index (June 19, 2000)
75.18 (-4.82)(Sept. 30/98 = 100)…