News

Correction (April 10, 2000)

Imperial Metals (IPM-T), owner of the Similco mine, and Leader Mining (LMN-V) have signed an agreement-in-principle for the sale of that operation to Leader. Under current ownership, Similco is not sc…


Coeur expands resources

Coeur d’Alene Mines (CDE-N) has increased resources at both of its mines in Chile.At the Petorca mine, an underground gold-silver producer near Santiago, the company added 76,000 gold-equivalent ounce…


Antamina overshadows progress at Spence

While engineering, procurement and construction continue at the Antamina copper-zinc project in Peru, Rio Algom (ROM-T) is forging ahead with a full feasibility study for its wholly owned Spence coppe…


Metal Prices (April 03, 2000)

BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMar. 28Mar. 27Mar. 24Mar. 23…


Ontex enhances Cherbourg

Drilling by Ontex Resources (ONT-T) at the Cherbourg property, west of Geraldton, Ont., indicates gold mineralization at depth below some previously known gold zones.Ontex, currently earning a 60% int…


Champion boosts phosphate resource at Farim

Champion Resources (CHL-V) has tabled an independent resource calculation for its Farim phosphate deposit in Guinea Bissau, the West African country sandwiched between Senegal and Guinea.The audited m…


Juniors persevere in search for prairie diamonds

Although diamond exploration in Saskatchewan never attracted the amount of attention it did in Alberta, a handful of companies are determined to continue the search.Saskatoon-based Shore Gold (SGF-V) …




Taking taxpayers to the cleaners

If the “cleanup” of the Summitville gold mine in Colorado speaks for the competence of the Environmental Protection Agency (EPA), then be afraid for the environment and your pocketbook. Be very afraid…



Gold crumbles on French scare

The Dow Jones industrial average edged up 28.77 points, or 0.2%, to 10,936.11 during the report period ended March 28, while the spot price of gold eroded to US$279.20 on the Comex division of the New…


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