Resource stocks hit market
The Toronto Stock Exchange 300 index suffered mild losses during the Feb. 23-29 report period, shedding 65.87 points to end at 9,128.99.The gold and precious metals sub-group nosedived 545.09 points t…
News
GSN meeting set for spring
The Geological Society of Nevada (GSN) will host a symposium May 15-18 at John Ascuaga’s Nugget in Reno.The GSN conference is held every five years. Featured this year will be lectures on various subj…
Pele to test geophysical targets
A review of government-flown surveys by an independent geophysical firm has resulted in the identification of eight priority targets and 12 secondary targets on ground held by Pele Mountain Resources …
SouthernEra tables feasibility for Messina
Following receipt of a bankable feasibility study, SouthernEra Resources (SUF-T) has closed the purchase of a 54% stake in Johannesburg-listed Messina Ltd., a subsidiary of Impala Platinum (Implats).M…
Marlene Fipke takes control of Dia Met
As part of a $120-million divorce settlement, Charles Fipke has agreed to transfer all his shares in Dia Met Minerals (DMM-T) to his former wife. The agreement makes Marlene Fipke the largest single s…
INDEX (March 05, 2000)
Agnico-Eagle3Akrokeri23Anaconda3Anglo Am15Anglo Am. Platinum3Atna1, 24Barrick3, 6Battle Mt.24Billiton15Bol…
Akrokeri expands holdings
Aiming to boost output, Akrokeri-Ashanti Gold Mines (AAGM-C) has acquired an 85% interest in a Ghanaian company that holds the 55-sq.-km Goldenrae alluvial gold property.The Toronto-based company paid…
TVI renews Canatuan exploration
An airborne electromagnetic survey by TVI Pacific (TVI-T) is searching for new polymetallic deposits on the Philippine island of Mindanao.The Toronto-based junior has been granted permits to 32,400 ha…
Price rally spawns PGM commodity play
A sustained rally in platinum and palladium prices has rejuvenated exploration for these rare metals and breathed some life into the sickly junior mining sector.Platinum rocketed past $500 recently wh…
INDEX SECTION C
AbaddonC6AberC11AquestC10AshtonC11AtikokanC5AtnaC5BarrickC7, C8BrazalianC10Broken HillC7, C10Buffalo Diamo…
Gov’t to spend millions at Kam Kotia
The Ontario government will spend $3 million to clean up the former Kam Kotia mine, a copper-zinc producer near Timmins, Ont., that operated in the 1940s and 1960s.The work is part of a $27-million pl…
Namco profits soar
Stronger production and higher realized prices enabled marine diamond miner Namibian Minerals (NMR-T) to post a tidy profit in 1999.Earnings topped US$17.1 million (or 43 per share) on 1999 revenue o…