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…
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EXCHANGE RATES (March 13, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMar. 7Mar.
MOST ACTIVE ISSUES, March 1-7
ExchgVol(000s)HighLowCloseChangeCasmyn Corp *Q 43729 0.53 0.01 0.02 – 0.02…
TSE INDICES (March 13, 2000)
DateMarch 7March 6March 3March 2March 1HighLowTSE 3009425.489580.069462.90…
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…
GREATEST VALUE TRADED, March 1-7
ExchgVal($000s)HighLowCloseChangeAlcoa*N 685915 70.81 64.62 64.94 – 3.56…
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…
TVX takes writedown
Toronto-based TVX Gold (TVX-T) will take a $64-million, one-time, non-cash charge against its 1999 earnings, reflecting the original purchase price of the Stratoni lead-zinc operation in Greece.The wr…
EVENTS (March 13, 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…
Ruben Fast
Ruben Fast, transportation manager at the Eskay Creek mine in British Columbia, has died. He was 64.Born in Hepburn, Sask., in 1936, Fast began his mining career in British Columbia’s Highland Valley …