Anzex drops Longwood permit
The inability to attract a senior partner has prompted Anzex Resources (AZX-V) to surrender the Longwoods platinum-group-elements project in New Zealand’s South Island. The junior intends to continue …
2000
Golds, base metals carry Toronto exchange lower
The Toronto Stock Exchange 300 index slipped 31.65 points during the March 8-14 report period to end the week at 9,393.83.With gold taking another tumble, the TSE’s gold and precious metals sub-index …
Gold Funds (March 20, 2000)
Gold Funds as of March 9, 2000Dynamic MutualCentral FundNet Value$13.56$5.58Price$8.20$5.20Discount39.53%6.8%Value$97,445,000$100,946,872…
Metal Prices (March 20, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ 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…
Nord gets green light for mine
A feasibility study has determined that the Johnson Camp copper mine near Tucson, Ariz., can be reopened profitably now that prices for the red metal have improved.Nord Resources (NRDS-O) purchased th…
Mustang busy at East Bull Lake
Three more holes drilled at the East Bull Lake property, near Sudbury, Ont., have returned mixed results for Mustang Minerals (MMIN-C).Mustang is concentrating on two areas of the East Bull Lake intru…
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…
Southern Metals begins drilling in Ecuador
Southern Metals (SUH-V) has begun a core drilling program at the Paccha gold property in southwestern Ecuador in an effort to test high-grade structures.The junior is earning a 70% interest in the pro…