MEETINGS (June 05, 2000)
June 5 Broadlands — annual, generalJune 5 Weda Bay — annual, specialJune 6 Ascot Energy — annual, generalJune 6 New Doly Varden — annual, specialJune 6…
News
South-Malartic finds flat gold veins at Croinor property
In an ongoing drilling campaign, junior South-Malartic Exploration (MSU-M) has discovered a set of gold-bearing veins that are perpendicular to the main ore zone at the Croinor gold property, 55 km ea…
Minefinders pulls hot values
Minefinders (MFL-T) continues to report hot drill intercepts from its wholly owned Dolores gold-silver project in Mexico’s Chihuahua state.In the Main zone, hole 140 intersected 236.2 metres averaging…
Dow rises as metals fall
The Dow Jones industrial average rose 104.86 points, or 1%, to close at 10,527.13 for the report period ended May 30 on the strength of a late-week surge by the Nasdaq.Gold miners were mixed as the go…
Spot Prices Wed. May 31, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$272.25-$1.65Silver$ 4.90-$0.08…
Newcrest analysts initiate coverage of First Quantum
The release of positive first-quarter results has prompted Newcrest Capital analysts David Davidson and David Christie to initiate coverage of First Quantum Minerals (FM-T).The company joined the rank…
Gary Howell
Gary Howell, executive director for the Society for Mining, Metallurgy & Exploration (SME) since February 1994, has died. He was 54.Howell was a geologist with more than 27 years experience in mining….
Fewer E. coli on steel surface
The Hospitality Institute of Technology and Management, a Minnesota-based company that provides consulting services to the food industry, tested several different countertop materials for their respon…
Gammon Lake cuts more gold, silver
Drilling by Gammon Lake Resources (GAM-T) continues to intersect encouraging gold-silver mineralization in the historic Ocampo mining district of Mexico’s Chihuahua state.Hole 80 cut 33.53 metres grad…
Hillsborough has buyer in wings
By mid-June, beleagured Hillsborough Resources (HLB-T) expects that a potential buyer will have completed a due diligence review of the company and its coal mine on Vancouver Island, B.C.In the meanti…
LME Warehouse Levels (June 05, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 30/99 (change from May 23 in brackets):MetalStock(tonnes)Change…
Twin Gold Funds program
Armed with $8 million from a recent financing, Twin Gold Mining (TWG-T) is gearing up for a major exploration program at its Torngat diamond project, on the east side of Ungava Bay in northern Quebec….