Calgary-based Newmex Minerals (NMM-V) has acquired an option to earn a 32% interest in the Borealis gold-siler propery in Nevada’s Mineral Cty.Owned 68% by Nevada-based Golden Phoenix Minerals (GPXM-Q…
A 2,000-metre, 8-hole drill program on the Point Leamington massive sulphide project in north-central Newfoundland is following up on a base metal target recently discovered by Rubicon Minerals (RMX-V…
Stream-sediment sampling on the Santa Barbara copper-gold property in Ecuador has outlined widespread gold values over a 10-sq.-km area.Junior Valerie Gold Resources (VLG-V) is earning a half-interest…
A strong fourth quarter propelled Homestake Mining (HM-N) to profitability in 1999.The company earned US$4 million (or 2 per share) in the quarter, contributing to income of US$4.9 million (2 per sh…
A 6-part drama about corporate intrigue in the mining industry is set to air on CBC Radio in March and April.Paydirt will be heavy on behind-the-scenes manoeuvring in both the mining and financial sec…
Exchg Val($000s)HighLowCloseChangeAlcoa*N 829980 77.44 72.00 72.50 – 1.19…
Gold demand in 1999 rose more than one-fifth to a record level, buoyed by strong demand in India, Pakistan and the U.S., according to a year-end report by New York-based World Gold Council (WGC).In th…
With its open location atop Iron Mountain, the Emerald mine, near Salmo, B.C., was subject to the area’s severe weather and frequent storms.A tramline connected the mine on the mountain with the mill …
I am writing in reference to your short article on the Rubicon-AngloGold letter-of-intent to form a joint venture to explore Rubicon’s Red Lake project in northwestern Ontario (T.N.M., Feb. 14-20/00)….
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateFeb. 22Feb. 21Feb. 18Feb. 17…