WMC proves up Tiriruniak
Infill drilling is confirming the continuity of the Tiriruniak zone at the Meliadine West gold project near Rankin Inlet in Nunavut.Meliadine West is a three-way partnership among WMC International, w…
News
MINING MARKETS & INVESTMENT NEWS — Western Markets — Winspear among beneficiaries of stronger market
The Vancouver Stock Exchange composite index tacked on 6.3 points, or 1.58%, to finish the week ended Aug. 17 at 407.22. The mining index added 4.43 points, or 1.6%, and ended the week at 273.41.Meanw…
Eagle Plains dips into Dragon Lake
Junior Eagle Plains Resources (EPL-A) has begun 300 metres of diamond drilling at its Dragon Lake property in south-central Yukon, 85 km northeast of Ross River.The property, which has already been su…
Wheaton River runs red
Slipping revenue and sluggish season-opening production from the Golden Bear heap-leach gold mine in northern British Columbia combined to keep Wheaton River Minerals (WRM-T) in the red in the latest …
May minerals production a mixed bag
Canadian production of refined copper and zinc, lead and silver was up between May 1998 and May 1999, while output of uranium primary copper and zinc, nickel and gold was down.The statistics shown bel…
MINING MARKETS & INVESTMENT NEWS — Eastern Marktes — Miners relieved as gold breaks US$260 barrier
The Aug. 11-17 report period saw continuing strength from gold, with spot prices shooting up US$4.60 to US$261.50 per oz. on the London morning fix of Aug. 18.Over the week, the World Gold Council ann…
MOST ACTIVE ISSUES (August 23, 1999)
August 11-17, 1999CompanyExchgVolume(000s)HighLowCloseChangeDayt…
River Gold reports quarterly loss
Underground drilling at the Eagle River mine near Wawa, Ont., is returning heartening results for River Gold Mines (RIV-T).The latest intervals include 9 metres (true width) averaging 10.6 grams (cut)…
MINING MARKETS & INVESTMENT NEWS — U.S. Markets — Aluminum dominates trading
The Dow Jones industrial average jumped 461.93 points, or 4.3%, during the report period ended Aug. 17 at 11,117.08, again climbing toward an all-time high.Aluminum took the spotlight as industry lead…
Moydow resumes drilling
Dublin-based Moydow Mines International (MOY-T) has resumed drilling at the Ntotoroso gold project in west-central Ghana after a 5-week hiatus due to the rainy season.Moydow has a 60% interest in the …
Companies (August 23, 1999)
AfrioreAltius MineralsAntares Mining & ExplorationAquest MineralsAshanti GoldBarrick GoldBattle Mountain CanadaBattle Mountain GoldBolidenCampbell ResourcesCamphor VenturesComaplex MineralsCopper Hill…
Southwestern, Pasminco drill in Peru
Southwestern Gold’s (SWG-T) joint-venture partner, Pasminco, is ready to begin a third phase of drilling at the Accha zinc project in southern Peru.Previous work defined an indicated and inferred oxid…