News


Sherritt posts record earnings

Buoyant nickel and oil prices combined with strong operational performance allowed Sherritt International (s-t) to post record earnings for 1999.Net earnings in 1999 were $66.6 million (or 60 per res…


Lakota nails down properties

While larger rivals are concentrating on bringing advanced projects to production, junior Lakota Resources (LAKO-C) has assembled a large land package for early-stage exploration in the Lake Victoria …


Silvertip gets mixed results

The remaining 15 holes of a 22-hole underground drill program on the Silvertip zinc-lead-silver project in northwestern British Columbia have returned narrow intervals of “feeder-style” mineralization…





Inco cuts nickel at Kelly Lake

Nickel major Inco (n-t) has announced an initial resource figure for a major nickel and platinum-group-metals deposit discovered in 1997 at Kelly Lake, near Sudbury, Ont.The deposit holds an estimated…


Asquith, Axmin cut gold zones in CAR

Drilling by Asquith Resources (ASQH-C) and privately held exploration company Axmin has intersected gold mineralization at the former’s Roandji property in the Central African Republic.The drilling, w…



Yanacocha boosts earnings

In 1999, Compania de Minas Buenaventura (BVN-N) earned US$45 million (or 72 per American Depository Receipt), compared with US$30 million (48 per ADR) in the previous year.The profit was largely a r…


NAP eases labour tension at Lac des les

North American Palladium (PDL-T) has reached an agreement with unionized workers at the Lac Des les palladium-platinum open-pit mine, north of Thunder Bay, Ont.Members of the United Steelworkers of A…


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