EXPLORATION ’99 – Berland eyes Saganash belt
in OntarioVancouver-based Berland Resources (BNL-V) and Falconbridge (FL-T) have teamed up to explore the Saganash greenstone belt, south of Kapuskasing, Ont.The joint-venture program, to be operated …
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EXPLORATION ’99 – Corriente drills Mejicana Ridge — Forms joint venture with Lowell Mineral in Ecuador
Drilling by Corriente Resources (CTQ-T) is under way at two gold-copper projects in Argentina and at a highly touted copper play in Ecuador.At the Famatina gold project in Argentina, Corriente is dril…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Vancouver markets slump while Alberta heats up
The Vancouver Stock Exchange composite index dropped 6.22 points, finishing the week ended Nov. 23 at 386.77. The mining index also lost ground, shedding 2.48 points at 261.38. The combined value of t…
The Master Plan. . . and Wildlands
No man is an island, but if some rabid environmentalists have their way, we could soon be crammed together in human enclaves while half of the North American continent is preserved or restored to wild…
THE NORTHERN MINER– Small Producers Index
63.76 (-0.49)(Sept. 30/98 = 100)…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Gold price nudges up towards $300 mark
Gold flickered back to life during the report period ended Nov. 23, with spot prices climbing US$2.40 over the week to US$297.85 per oz. on the Nov. 24 London morning fix. Gold was trading above US$29…
SPOT PRICES Wed. November 24, 1999
Precious MetalsPrice (US$/oz.)ChangeGold$297.85+$2.40Silver$ 5.170.00…
THE NORTHERN MINER– North American Mining Index
93.45 (-0.76)(Sept. 30/98 = 100)…
Anglogold inks deal in Colombia
Anglogold (AU-N) can earn a half-interest in a 100-sq.-km Colombian land package held by Conquistador Mines (CMG-V). In return, the South African-based major must spend US$2.5 million on exploration o…
LME WHSE LEVELS (November 29, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 23/99 (change from Nov. 16 in brackets):MetalStock(tonnes)Change…
EXPLORATION ’99 – RARE METAL EXPLORATION ROUNDUP — Avalon updates Big Whopper
Avalon Ventures (AVL-V) has updated a prefeasibility study of its wholly owned Big Whopper petalite (lithium silicate) deposit, north of Kenora, Ont.The company now expects that market demand for its …
EXPLORATION ’99 – GeoNova adds ground in Que.
Montreal-based GeoNova Explorations (GNE-M) has acquired the Gander gold property, northwest of Lebel-sur-Quvillion, Que.The property is contiguous with GeoNova’s Discovery project, which hosts a kno…