2000

Gold district takes shape on Chile-Argentine border

When Barrick Gold (ABX-T) acquired what is now the Pascua-Lama property, through the 1994 takeover of Lac Minerals, gold resources were a mere 2.3 million oz. Today, it hosts proven and probable reser…


Band-Ore intensifies drilling near Wawa

While awaiting assay results from drilling programs on two of its Ontario properties, Band-Ore Resources (BAN-T) has begun drilling on a third.At the GQ diamond property, near Wawa, Ont., three short …


PGM at high demand

Rising demand and uncertainty over Russian supplies are evoking primary producers of platinum group metals to expand production at an unprecedented rate.Plagued by archaic technology and having only l…


Wayside undergoes operational audit

Shareholders have finally learned why trading in International Wayside Gold Mines (IWA-V) has been halted since May 11.Officials of the Canadian Ventures Exchange cite the need for an operational audi…



Drilling reveals new zone at Hope Bay

Infill drilling at the Hope Bay gold project, in Nunavut, has discovered a new zone of mineralization for equal partners Miramar Mining (MAE-T) and Cambiex Exploration (CBX-T).Dubbed Stringer, the zon…


Market woes fail to spark gold

The overall market took a beating as the Dow Jones industrial average plunged 512.30 points, or 4.7%, during the report period ended May 23 to close at 10,422.27. The Nasdaq also continued its losing …


Production stops at Grasberg after fatal accident

Freeport-McMoRan Copper & Gold (FCX-N) has agreed to cut back on production at its 85%-held Grasberg copper-gold operation in Indonesia pending the investigation of a waste-pile accident that killed f…


Taror prefeasibility nears completion

Depressed gold prices and lower production translated into a 1999 loss for Nelson Gold (NLG-T).Net losses totalled US$1.5 million on revenue of US$13 million, compared with US$66.64 million on US$18 m…


PEOPLE (May 29, 2000)

Atna Res. — John Purkis appointed vp mining and development.Dia Met — Peter Atkinson appointed interim chairman.General Minerals — Brian Cramm appointed CEO and treasurer.K…


NAME CHANGES (May 29, 2000)

Sand River Resources (SRL-V) has changed its name to Rio Fortuna Exploration (RFT-V) on a 1-new-for-7-old-share basis.


50 YEARS AGO – JUNE 1950

The movement to bring the Labrador-New Quebec iron deposits into production has received a big push from the the U.S. partners of Hollinger Consolidated. The partners will finance a large portion of t…


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