News

Rory Moore, president of Canabrava Diamond (CNB-V), is hoping the sparkle of newly discovered diamonds will once again light up his career.The South African geochemist came to North American prominenc…

The Dow Jones industrial average fell 83.45 points, or 0.75%, for the report period ended Feb. 8 amid inflationary fears, while gold responded positively.Spot gold on the Comex division of the New Yor…

Vol(000s)HighLowCloseChangeWilliam ResT 123264 0.14 0.07 0.11 + 0.04…

2000 Feb. 8Feb. 7Feb. 4Feb. 3Feb. 2HighLowComposite “300”9300.779155.959209.208894.398769.50…

GeoCanada 2000, to be held in Calgary, Alta. from May 29 to June 2, promises to be an unusual event for Canadian geoscientists. It will be the first such summit for an estimated 5,000 earth scientists…

Ongoing surface and underground geochemical sampling by Gammon Lake Resources (GAML-C) has revealed new areas of mineralization at the Ocampo gold-silver property in Chihuahua state, Mexico.In the Cub…

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 …

Gold Funds as of Feb 3, 2000Dynamic MutualCentral FundNet Value$13.34$5.55Price$8.10…

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 8/99 (change from Feb. 1 in brackets):Aluminium819250(+30525)…

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…

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…

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…