Northern Miner Indices (May 15, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick Gold…
News
Boston deposit reveals bonanza grades
Infill drilling at the Hope Bay project, in the Hope Bay greenstone belt of northwestern Nunavut, indicates that the Boston gold deposit is richer than previously thought.Partners Miramar Mining (MAE-…
Southern Rio funds work
Junior Southern Rio Resources (SNZ-V) has arranged a $338,000 private placement financing for a total of 2.25 million shares priced at 15 each.Proceeds will be used to acquire copper properties in Ch…
Chaos in Sierra Leone
If there’s a hell on earth, it must be Sierra Leone. What could be more horrific than rebel army leaders ordering child-soldiers to murder unarmed civilians, including family members? And what could b…
Baie-Comeau site of conference
Prospectors, geologists and other interested parties will meet from June 2 to 4 in Baie-Comeau, Que., to discuss exploration on the province’s North Shore.It will be the third such summit, which is he…
International Wayside cuts lower grades at Cariboo
Junior International Wayside Gold Mines (IWA-V) is disappointed by drill results from its Cariboo gold property in north-central British Columbia.Drill holes 9 and 14 cut broad intervals of lower-grad…
Gold Fields improves earnings
South African-based Gold Fields (GOLD-Q) increased its earnings in the first quarter despite a 3% drop in the price of gold over the past three months.The company turned a profit of US$36.9 million (o…
Four missing at Grasberg mine
An accident at the Grasberg open-pit copper-gold mine in Irian Jaya, Indonesia, has left four people missing.Louisiana-based Freeport-McMoRan Copper & Gold, through its operating unit, P.T. Freeport I…
Tulawaka tests spawn optimism
Partners Pangea Goldfields (PGD-T) and Explorations Minires du Nord (MDN-T) have received encouraging metallurgical results from their Tulawaka gold project in Tanzania.Composite samples for the talu…
MOST ACTIVE ISSUES, May 3-9
At press time, the figures for the Most Active Issuesfor the week of May 3rd to 9th were not available.We apologize for the inconvenience.
Ken Snyder mine boosts Franco-Nevada to record year
The Ken Snyder gold mine in Nevada’s Midas district gave a major boost to the bottom line of Franco-Nevada Mining (FN-T) in its fiscal year ended March 31, 2000.The Toronto-based company posted net ea…
MEETINGS (May 15, 2000)
May 15 Augusta — annual, generalMay 15 Ecstall Mining — annual, generalMay 15 Greystar — annual, generalMay 15 Huldra Silver — annualMay 15 Landore…