Glamis feels price pinch
Despite an increase in gold production, Glamis Gold (GLD-T) was unable to turn a profit in 1999. The company posted a loss of US$21.3 million (or US33 per share) on revenue of US$57.5 million, compar…
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Metal Prices (March 05, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateFeb. 29Feb. 28Feb. 25Feb. 24…
River Gold finds new vein
Drifting by River Gold Mines (RIV-T) on the 290-metre level of its Eagle River gold mine, near Wawa, Ont., has confirmed a high-grade discovery first indicated by exploration drilling in 1999.The newl…
Year-end production down across the board
Canadian production of diamonds, potash, refined copper and zinc rose between December 1998 and December 1999, whereas output of uranium, primary copper and zinc, lead, nickel, gold and silver was dow…
Viceroy eyes Bounty horizon Down Under
Mid-tier gold producer Viceroy Resources (VOY-T) has struck a deal to explore a highly prospective gold-bearing horizon on properties immediately south of its Bounty mine in Western Australia.Under an…
TSE INDICES (March 05, 2000)
— 2000 –DateFeb. 29Feb. 28Feb. 25Feb. 24Feb. 23High…
Homestake adds to Ruby Hill
A recent agreement with European American Resources (EPAR-O) sets the stage for Homestake Mining (HM-N) to add to its property position near the Ruby Hill gold mine in Nevada.Homestake gained the righ…
Moydow, Normandy test Ntotoroso’s zone E
Partners Moydow Mines International (MOY-T) and Normandy Mining (NDY-T) have wrapped up a program of infill drilling at their Ntotoroso gold property in northwestern Ghana’s Sefwi gold belt.The US$1-m…
Trivalence bulk-samples K-23 pipe
Bulk-sampling of the K-23 kimberlite pipe has begun, reports Trivalence Mining (TMI-V).K-23 is situated on the company’s 85%-owned Aredor concession in Guinea, 1.1 km upstream from the BAI-4 alluvial …
INDEX SECTION B
MustangB2AltoroB3Anglo AmericanB4AngloGoldB1AnooraqB1, B2AquilineB2AshantiB1AvalonB2BarrickB1BillitonB7…
New phase of drilling at Duck Pond property
Seeking to expand known copper-zinc mineralization and possibly snare a Buchans lookalike, Thundermin Resources (THR-T) and joint-venture partner Queenston Mining (QMI-T) have started a further phase …
Producer and Dealer Prices (March 05, 2000)
Antimony: Mid-mkt US$1,160/t.Bismuth: Mid-mkt US$3.95/lb.Cadmium: Mid-mkt US$0.19/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.20-14.80/lb.Copper: Comex Mar. US$0.787/lb.Indium: In…