Nic-Cop Mines active through ’50s, but now gone
Recently, while going through the estate of my late father, we came across a share certificate for Nic-Cop Mines Limited, issued in 1955. According to the stock certificate, the company was incorporat…
News
Flawed permitting processes hurt northern residents
The problems experienced by the Diavik diamond mine project in obtaining a land-use permit centred around power, politics and money. For the majority of participants, environmental concerns were a car…
Partners to see if Duck Pond flies
Following a successful program of infill and extension drilling, Queenston Mining (QMI-T) and Thunderwood Resources (THR-T) are advancing the Duck Pond base metal project in central Newfoundland to th…
Anzex drops Longwood permit
The inability to attract a senior partner has prompted Anzex Resources (AZX-V) to surrender the Longwoods platinum-group-elements project in New Zealand’s South Island. The junior intends to continue …
Golds, base metals carry Toronto exchange lower
The Toronto Stock Exchange 300 index slipped 31.65 points during the March 8-14 report period to end the week at 9,393.83.With gold taking another tumble, the TSE’s gold and precious metals sub-index …
Gold Funds (March 20, 2000)
Gold Funds as of March 9, 2000Dynamic MutualCentral FundNet Value$13.56$5.58Price$8.20$5.20Discount39.53%6.8%Value$97,445,000$100,946,872…
Metal Prices (March 20, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMar. 14Mar. 13Mar. 10Mar. 9…
Mining bolsters other sectors
A nation’s productivity is widely considered the domain of economists and financial analysts, and few Canadians know the level of Canada’s productivity, or whether it has risen or fallen in recent yea…
Ivanhoe explores Indonesia gold target
Ivanhoe Mines (IVN-T) has met with early success in its exploration of ground near the infamous Busang property of Bre-X Minerals in northeastern Kalimantan, Indonesia.The company, led by well-known m…
Vicuna target shows promise for Tenke
A trenching program designed to test encouraging gold-in-soil geochemistry anomalies has resulted in the discovery of low-grade gold mineralization on the Vicuna gold property in Argentina. The discov…
Rocky Dow leaves gold cold
The Dow Jones industrial average gained 15.21 points, or 0.15%, during the report period ended March 14 to close at 9,811.24 in turbulent trading.The uncertainty in the broader market had little effec…
Nord gets green light for mine
A feasibility study has determined that the Johnson Camp copper mine near Tucson, Ariz., can be reopened profitably now that prices for the red metal have improved.Nord Resources (NRDS-O) purchased th…