Geomaque down but not out
Low gold prices have taken their toll on Geomaque Explorations (GEO-T), though the company is showing no signs of slowing down.Losses in the third quarter totalled $758,000 (2 cents per share) on reve…
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Greatest Value Traded, NOV. 17-23
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MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Rising gold saves miners
The Dow Jones industrial average posted a modest gain of 63.3 points to 10,995.63 during the pre-holiday report period ended Nov. 23.Spot gold on the Comex division of the New York Mercantile Exchange…
Goldcorp continues Red Lake development
Though focused on developing its Red Lake mine in northwestern Ontario, Goldcorp (G-T) has also managed to turn a small profit at its operations elsewhere in North America.For the first nine months of…
EXPLORATION ’99 – NEWS ROUNDUP — Madison nabs more of Mt Kare
Madison Enterprises (MNP-T) has increased to 90% its interest in the Mt. Kare gold-silver project in Papua New Guinea. The remaining stake is held by local landowners.Mt. Kare hosts 20.4 million tonne…
PRODUCER & DEALER PRICES (November 29, 1999)
Antimony: Mid-mkt US$1,105/t.Bismuth: Mid-mkt US$4.55/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$62.50/t.Cobalt: Recent trades US$13.50-15.00/lb.Copper: Comex Dec. US$0.785/lb.Indium: In…
TSE INDICES, Nov. 18 – 23
1999Nov. 23Nov. 22Nov. 19Nov. 18Nov. 17HighLowCom…
Index (November 29, 1999)
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Duck Pond ready for resource estimate
Four more drill holes by Thundermin Resources (THR-T) and Queenston Mining (QMI-T) have confirmed the grades, size and shape of the Upper Duck Lens massive sulphide body at the Duck Pond property in c…
PEOPLE — Corker (November 22, 1999)
Gordon Hoy appointed president, CEO and director; James Morrice appointed vp land; Bruce Gigg appointed vp engineering and development; Richard Rathier appointed vp exploration; A.E. Barroll, G.W. Phi…
ASC head to run new capital exchange
The chairman of the Alberta Securities Commission (ASC) has been named to head the merged Alberta and Vancouver stock exchanges, with trading scheduled to begin Nov. 29.William Hess, who has held top …
DIAMOND PAGE — Grade falls short for Tahera
The once-promising Contwoyto-1 kimberlite at the Jericho diamond project in Canada’s newly created Nunavut territory has been put on the back burner after further sampling by Tahera (TAH-T) determined…