TSE INDICES (April 24, 2000)
— 2000 –DateApr. 18Apr. 17Apr. 14Apr. 13…
News
Francisco aims drills at Marlin property
Francisco Gold (FGX-T) intends to drill the Marlin gold-silver property in Guatemala once shareholders and regulators approve the company’s proposed acquisition of that property’s owner, privately hel…
Homestake explores for gold in Sardinia
Homestake Mining (HM-N) will join Australian-listed Gold Mines of Sardinia (GMS) in an exploration effort on that island, situated west of the South Italian Peninsula.The California-based company will…
Pangea poised for success in Tanzania
Recognizing the potential of the Tanzanian Lake Victoria goldfields of East Africa early on, Pangea Goldfields (PGD-T) began acquiring properties there in the early 1990s. It now boasts a portfolio of…
Falco has strong quarter Inco moves into the black
Higher metal prices and strong performances from its newest mines have propelled Falconbridge (FL-T) to a profitable first quarter.The company earned $109.5 million (or 60 per share) on revenue of $6…
International Wayside hits hot values
Junior International Wayside Gold Mines (IWA-V) has encountered a previously unknown style of gold mineralization in the footwall of the BC Vein at its Cariboo project in the Quesnel Highlands of cent…
EVENTS (April 24, 2000)
May 7-14 Mining Association of B.C. — “Mining Symposium 2000.” Hyatt Regency Hotel, Vancouver, BC. Tel: (604) 681-4321, ext. 117. Fax: (604) 681-5305. Web site: http://www.mining.bc.ca.May…
Cambior bows from Lac Dor
Montreal-based Cambior (CBJ-T) has withdrawn from the Lac Dor project, a joint venture with junior McKenzie Bay International (MKBY-O).Under an agreement entered into last summer, Cambior was to have…
King Coal meets Big Green
The Cheviot coal mine project, being pushed by Luscar and Consolidated Coals subsidiary Cardinal River Coals, is back in the environmental assessment process following last year’s Federal Court decisi…
No Headline (April 24, 2000)
Writedowns push Ashanti into red
Writedowns in the fourth quarter of 1999 wiped out any earnings for Ashanti Goldfields (ASL-N).During the 3-month period, writedowns totalled US$233.1 million (or $2.08 per share). Before these writed…
Mines where wild things are
In recent years, the mining press has been replete with stories about mine developments being stopped by special interest groups purporting to care for the environment. Indeed, these groups seem to ha…