News

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…


Partners unveil reserves at Veladero

Homestake Mining (HM-N) and Barrick Gold (ABX-T) have announced reserves of 4.8 million oz. gold and 65.7 million oz. silver at their 60-40-held Veladero property in northwestern Argentina.The propert…


Highwood Resources spins off Thor Lake subsidiary

Highwood Resources (HWD-T) intends to establish a wholly owned specialty materials business named Rare Metal Alloys, which will concentrate on commercial development of the Thor Lake beryllium project…


Resource stocks fail to ride broad market wave

The March 22-28 report period proved to be a volatile one, with the Toronto Stock Exchange 300 index passing the 10,000 mark for the first time ever on March 23 — only to slip to 9,922.85 by the week…


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