Issues forums start each day of MM2000
Mining as an industry in transition appeared to be the overarching theme reflected in five issues forums that kicked off each day of Mining Millennium 2000, a conference jointly sponsored by the Prosp…
News
Tobin vs. Schulich
The war of words between Newfoundland Premier Brian Tobin and Toronto businessman Seymour Schulich over the Voisey’s Bay nickel project in Labrador has served one useful purpose: it has made everyone …
No Headline (March 20, 2000)
Aluminum, copper prices head south
Aluminum and copper prices continued to drift downward in the early part of the report period March 6-10 before fund short-covering in thin volume took prices back up to the top end of their recent ra…
Cominco, Aur, Teck drop on deal
The Toronto Stock Exchange 300 index rose 296.49 points during he report period March 1-7 to end the week at 9,425.48. Metal producers were mixed, with the TSE gold and precious minerals sub-group ris…
Deal paves way for Diavik diamond mine
Vancouver — An agreement has been reached among local native leaders, the federal government and Diavik Diamond Mines regarding the environmental reclamation bond and other land-use issues affecting …
Dow posts heavy losses
The Dow Industrials got pummeled during the report period ended March 7, falling 332.28 points, or 3.3%, to 9,796.03. It was the second time in two weeks the Dow had dipped below the 10,000 mark, as t…
Grupo Mexico increases production
The acquisition of Asarco enabled Grupo Mexico to boost its copper output in 1999, whereas zinc and silver production were lower than in the previous year.Copper production reached 495,723 tonnes, inc…
Metal Prices (March 13, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMar. 7Mar. 6Mar. 3Mar. 2…
Startup at the Emerald
The impressive beds of sediments on Iron Mountain, near Salmo, B.C., were a challenge to geologists. Beds of argyllite, limestone and quartzite stretched from the Sheep Creek Valley in the west to the…
Meridian boosts reserves at El Peon
Reno, Nev.-based Meridian Gold (MDG-N) reports a 38% increase in gold reserves at the newly opened El Peon mine in northern Chile.The reserve figure now stands at 1.2 million oz. gold following drill…
Fortune heads back to Mazenod Lake
Fortune Minerals (FT-T) has inked a contract for a 4,900-metre drilling program at its Nico polymetallic project in the Northwest Territories, and expects to have a revised resource estimate on the pr…