EuroZinc hits best hole ever at Aljustrel
Drilling by EuroZinc Mining (EZM-T) has confirmed the presence of high-grade mineralization at the Feitais zinc deposit in southern Portugal.The hole, drilled in the newly discovered FS60 zone, hit 25…
News
Apex completes offering
Two equity offerings by Apex Silver Mines (SIL-X) have raised a combined US$97.1 million, to be put toward construction of the San Cristobal project in Bolivia.In early November, the company announced…
METAL PRICES, Daily Metal Prices (November 15, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateNov. 9Nov. 8Nov. 5Nov. 4…
Hebron Fjord finds anomalies
An airborne magnetic survey has identifed several anomalies at Hebron Fjord’s (HEF-M) gold-copper property in southern Peru.The anomalies occur along a northeasterly trending fault and cut across the …
Minera Andes picks up ground
Although known for its exploration projects in Argentina, Minera Andes (MAI-A) has signed an agreement with the Romanian government to explore two properties in that country.The Voia and Ostoros prope…
Writedown cuts into earnings at Cameco
Uranium and gold producer Cameco (CCO-T) salvaged a quarterly profit despite having taken a $45.5-million charge against the value of its properties.For the three months ended Sept. 30, the Saskatoon-…
COMMENTARY — Industry must finds its voice
It has been only three decades since the first environmental laws were enacted. While most experts believe the laws have increased the quality of our lives, various debates over the resulting costs an…
OBITUARY — Kenneth Darke
Kenneth Darke, who helped discover the huge Kidd Creek base metal deposit near Timmins, Ont., has died following a long battle with cancer. He was 66.Born in Trail, B.C., Darke obtained a geological e…
Bema, Ecuadorian swap shares
As a means to advance its South American projects, Ecuadorian Minerals (EMC-T) is exchanging 3.8 million of its shares for 3.3 million shares of Bema Gold (BGO-T).The trade, which is subject to regula…
Companies (November 15, 1999)
Aber ResourcesAfrioreAnaconda NickelAnglo AmericanAnglogoldApex Silver MinesAshanti GoldfieldsAtna ResourcesAurizon MinesBarrick GoldBattle MountainBema GoldBlack Hawk MiningCambiorCamecoCanarc Resour…
Eldorado continues turnaround in latest quarter
A year ago, Eldorado Gold (ELD-T) was in the red to the tune of US$115.6 million (or US$1.58 per share) for the 9-month period ended Sept. 30. A vigorous cost-cutting program has pushed the Vancouver-…
DIAMOND PAGE — Diamond Fields sells more gems
Vancouver-based Diamond Fields International (DFI-V) has sold a 6,475-carat parcel of diamonds from its Luderitz ocean concessions, off the coast of Namibia.The US$164-per-carat sale was preceded by t…