Kinross tests George Lake
Kinross Gold (K-T) has begun a 9,000-metre drill program at the George Lake gold project, 70 km south of Bathurst Inlet in Nunavut.Kinross can earn a 70% interest in the property from Wheaton River Mi…
News
Tenke finds more targets
An induced-polarization survey over the central portion of the Vicuna gold property in Argentina has enabled Tenke Mining (TNK-T) to identify two major resistivity anomalies.Corresponding with the pre…
Eldorado reports profits
A 75% reduction in exploration spending, combined with higher operating efficiencies at its two producing mines, helped Eldorado Gold (ELD-T) post a profit of US$5.4 million (or 7 per share) in 1999,…
Namco boosts ODM’s diamond output
Less than six months after its US$60-million takeover of Ocean Diamond Mining (ODM), marine diamond miner Namibian Minerals (NMR-T) reports a 30% increase in production from ODM’s operations off the c…
Kerr output eclipses Hollinger’s
In 1949, production at the Kerr Addison gold mine in Ontario surpassed that of Canada’s largest gold producer, the Hollinger mine, near Timmins, Ont. The mine produced 286,000 oz. worth $10.7 million …
INDEX (April 03, 2000)
Alberta Energy14Ashton13Atna Res.16Barrick1Battle Mt.3Broken Hill16Buffalo Diamonds14Cameco13Canabrava2Cha…
GOLD FUNDS (April 03, 2000)
Gold Funds as of March 23, 2000Dynamic MutualCentral FundNet Value$13.30$5.61…
Investor confidence subject of forum
Efforts to rebuild investor confidence after the Bre-X mining scandal drew both praise and criticism from speakers participating in a special forum titled “Rebuilding Investor Confidence: A Report Car…
Crown weighs options at Crown Jewel
Crown Resources (CRRS-Q) is considering underground mining as an alternative to open-pit methods at the troubled Crown Jewel gold deposit in northeastern Washington state.Crown has a 46% interest in t…
TSE INDICES (March 27, 2000)
— 2000 –DateMar. 21Mar. 20Mar. 17Mar. 16Mar. 15High…
LME Warehouse Levels (March 27, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Mar. 21/99 (change from Mar. 14 in brackets):Metal Stock(tonnes) Change…
Blue Ice finances diamond interest
Junior Blue Ice Minerals (BLE-V) IS Seeking to Raise $300,000 in a Private Placement of 2 Million Shares priced at 25 each. The placement is scheduled to close March 31.Proceeds will be used to buy a…