EVENTS (March 05, 2000)
March 16-17 American Association of Professional Landmen — “16th Annual Meeting.” Peppermill Hotel & Casino, Reno, Nev. Tel: (817) 847-7700. Web site: http://www.nvlandman.org/malri.ht…
News
Anglo, Karmin ink Aripuana agreement
An agreement signed in mid-February will see properties held by Anglo American (AAUK-N) and Karmin Exploration (KARM-C) in the Aripuana area of Mato Grosso state, Brazil, combined into a single joint …
Claude sets major programs for Madsen, Seabee
A $5-million budget will cover two exploration programs mounted by Saskatoon-based Claude Resources (CRJ-T) — one, at its Seabee gold mine in Saskatchewan; and the other, at its Madsen development pr…
Eastmain, Quaterra to drill Abitibi extension
With $140,000 in hand from Quaterra Resources (QTA-V), Eastmain Resources (ER-T) is set to begin drilling on the partners’ Abitibi Extension project in northeastern Ontario.Targeting claim blocks in t…
Wolfden drills Monument Bay
Initial drilling by Wolfden Resources (WOLF-C) at the Monument Bay gold project in northeastern Manitoba has returned encouraging results.The first four holes intersected an alteration zone with a str…
Acquisitions could follow Breakwater financing
Breakwater Resources (BWR-T) may be looking at acquiring other operations following a US$42.5-million financing.The financing cleared Breakwater’s existing $31-million debt, and leaves the company wit…
Billiton reports strong half
Rising metal prices helped Billiton, the world’s third-largest aluminum producer, post a profit of US$241 million for the first half of the major’s fiscal year. Profits for the 6-month period ended De…
Economic growth fuels inflation fears
Against a background of ever more positive economic data, base metal prices continue to disappoint. During the report period Feb. 21-25, aluminum and copper continued to trend downward; lead and zinc …
Goldcorp benefits from Havelock sale
Toronto-based Goldcorp (G-T) pocketed a respectable profit in 1999, thanks largely to the sale of its Havelock Lime division.The company earned US$11 million (or 15 per share) on revenue of US$51.7 m…
Open-pit reserves at Sigma-Lamaque swell to 1.6 million oz.
McWatters Mining (MCW-T) is finding there’s plenty of low-cost gold left at the venerable Sigma-Lamaque complex at the east end of this town.Thanks to last year’s $5-million exploration campaign at Si…
Expatriate inks deal to acquire Kudz Ze Kayah
Junior Expatriate Resources (EXR-V) has a struck a deal with Cominco (CLT-T) to buy certain interests in the Finlayson Lake district of southeastern Yukon, including the Kudz Ze Kayah polymetallic dep…
Gold Fields tackles costs at Driefontein
The Witwatersrand Basin of South Africa is home to some of the deepest and largest underground gold mines in the world, including Driefontein, which has produced more than 93 million oz. since operati…