Oil group sets standard
One might say things in the mining industry look hopeless: metals prices are low; exploration budgets have been slashed; junior mining companies have either disappeared into the woodwork or turned to …
News
Gold Funds (February 14, 2000)
Gold Funds as of Feb 3, 2000Dynamic MutualCentral FundNet Value$13.34$5.55Price$8.10…
LME Warehouse Levels (February 14, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 8/99 (change from Feb. 1 in brackets):Aluminium819250(+30525)…
Clarifications
A statement in the Facts ‘n’ Figures column of our Feb. 7-13 issue indicated that development by Lyon Lake Mines of its Cerro Crucitas deposit in Costa Rica is on hold.This information appeared in a r…
Hedge books present problems for few gold miners
Despite the public difficulties faced by gold producers Ashanti Goldfields (ASL-N) and Cambior (CBJ-T), a recent analysis of gold producers’ hedge positions shows that most are not facing large losses…
Russian firm blocks Dukat
Another volley has been fired in the battle for the Dukat silver mine in the Magadan region of northeastern Russia: Russian-based Kaskol Group has cancelled a property lease agreement signed by the op…
Clow CIM lunch guest
Graham Clow, president of Manhattan Minerals, will speak at the next meeting of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum, to be held at noon on Feb. 17 at the O…
Canada, China ink trade deal
An agreement signed by Canada and China will allow for the exchange of mining knowledge and goods between the countries, says Natural Resources minister Ralph Goodale.The deal was signed by Goodale an…
The Northern Miner — North American Mining Index (February 14, 2000)
86.05 (-1.85)(Sept. 30/98 = 100)…
Berland, Fort Knox target base metals
Juniors Berland Resources (BNL-V) and Fort Knox Gold Resources (FNX-T) will jointly explore for base metals in northern Manitoba and Saskatchewan.The partners can earn 100% interests in the Watts Rive…
The Northern Miner — Small Producers Index (February 14, 2000)
62.48 (+2.69)(Sept. 30/98 = 100)…
PEOPLE (February 14, 2000)
Masuparia — Michael Magrum appointed director and vp.Tahera — Howard Miller appointed president and CEO.SouthernEra — Steven Banning appointed president and CEO.Gammon Lake…