Development slows in Latin America
In 1999, companies with significant exploration programs budgeted a total of $126.6 million on advanced Latin American gold projects — 32% less than in the previous year.Gold resources under developm…
2000
METAL PRICES (February 07, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateFeb. 1Jan. 31Jan. 28Jan. 27…
Partners continue work
Australian junior Cratonic has now earned a 51% interest from Consolidated Trillion Resources (TLQ-T) and Nickelodeon Minerals (NKM-V) in the Nguble diamond exploration project in Zimbabwe.R…
Platinum and palladium flirt with US$500-per-oz. level
Platinum and palladium took centre-stage during the Jan. 26-Feb. 1 report period, owing to uncertainty surrounding export quotas for the Noril’sk complex in Siberia that had yet to be signed by Russia…
Champion’s Farim project takes shape
Champion Resources (CHL-V) has received encouraging results from 17 core holes drilled at its Farim phosphate project in Guinea-Bissau, the West African country sandwiched between Senegal and Guinea.T…
Miners optimistic at dawn of 1950
The first months of 1950 were ones of optimism. Production and dividends from Canadian mines were up, as was exploration diamond drilling. Claim-staking in Ontario, Quebec and the Northwest Territorie…
The Northern Miner — Small Producers Index (February 07, 2000)
59.79 (-0.49)(Sept. 30/98 = 100)…
GOLD FUNDS (February 07, 2000)
Gold Funds as of Jan. 27, 2000Dynamic MutualCentral FundNet Value$13.74$5.58…
Cambior intersects Seogui gold
A first phase of drilling at the Seogui gold project in Guinea has returned heartening results for Cambior (CBJ-T).The 200-sq.-km property is 75 km southeast of the country’s only producing gold mine …
Prairie
Toronto-based junior McVicar Minerals (MVR-V) and Broken Hill Proprietary (BHP-N) will jointly explore for nickel and platinum-group-element deposits in North America, particularly in the Lake Superio…
New minerals legislation in sight for South Africa
Since the African National Congress (ANC) came to power more than five years ago, South Africa’s mining industry has been nervous about proposed changes to the country’s mineral policy, including a ma…
The South Africans are coming! (February 07, 2000)
Vancouver-based St. Jude Resources (SJD-V) has intersected more gold at its Hwini-Butre property in Ghana.The latest round of infill and stepout holes focused on the Adoikrom, Father Brown and Dabokro…