NAME CHANGES (March 27, 2000)
Arrowhead Minerals (AOW-V) has changed its name to Gemini Energy (GNI-V) on a 1-for-10-share basis.
2000
New economy supported by the old
With wonder one watches the volatility in global stock markets and the preoccupation of the news media with the “new global economy.” The myopic focus on telecommunications, e-commerce, genetic engine…
Exchange Rates (March 27, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMar. 21Mar. 20Mar. 17Mar. 16Mar. 15…
AngloGold expands at Cresson
AngloGold (AU-N) and Golden Cycle Gold (GCC-P) have increased reserves and resources to nearly 10 million oz. gold near Colorado Springs, Colo.Reserves increased by more than 10% to 169 million tons g…
Producer and Dealer Prices (March 27, 2000)
Antimony: Mid-mkt US$1,140/t.Bismuth: Mid-mkt US$4.05/lb.Cadmium: Mid-mkt US$0.19/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$14.20-16.25/lb.Copper: Comex May. US$0.8185/lb.Indium: I…
Partners to see if Duck Pond flies
Following a successful program of infill and extension drilling, Queenston Mining (QMI-T) and Thunderwood Resources (THR-T) are advancing the Duck Pond base metal project in central Newfoundland to th…
Metal Prices (March 20, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMar. 14Mar. 13Mar. 10Mar. 9…
Mining bolsters other sectors
A nation’s productivity is widely considered the domain of economists and financial analysts, and few Canadians know the level of Canada’s productivity, or whether it has risen or fallen in recent yea…
Ivanhoe explores Indonesia gold target
Ivanhoe Mines (IVN-T) has met with early success in its exploration of ground near the infamous Busang property of Bre-X Minerals in northeastern Kalimantan, Indonesia.The company, led by well-known m…
Vicuna target shows promise for Tenke
A trenching program designed to test encouraging gold-in-soil geochemistry anomalies has resulted in the discovery of low-grade gold mineralization on the Vicuna gold property in Argentina. The discov…
Rocky Dow leaves gold cold
The Dow Jones industrial average gained 15.21 points, or 0.15%, during the report period ended March 14 to close at 9,811.24 in turbulent trading.The uncertainty in the broader market had little effec…
RJK options Quebec ground
Although general activity is a mere shadow of what it was a year ago, junior companies are still exploring for base metals in the Lac Rocher area of Quebec. The latest entrant is RJK Explorations (RJX…