Tahera completes financing
Diamond explorer Tahera (TAH-T) will get a $13-million cash infusion from Australian mining financier Joseph Gutnick, pursuant to an equity deal announced in early June.Edensor Nominees, trustee of a …
2000
Revised study for Samira Hill
Partners Etruscan Resources (EET-T) and Semafo (SMF-T) have tabled a revised feasibility study for their developing Samira Hill open-pit gold project in Niger.The new plan calls for the milling of 6,0…
Northern Miner Indices (August 07, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T22.7ComincoCLT-T3.8FalconbridgeFL-T7.0Franco-Nevada MiningFN-T5.8Freeport McMoR…
Mining only bright spot as CDNX index slides
Six months ago dot-coms were the darlings of western markets, and mining stocks were sickly wallflowers. That didn’t seem to be case for the week ended Aug. 1, when Canada’s junior exchange posted los…
Exchange Rates (August 07, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 1July 31July 28July 27July 26…
Hope Bay raises $2 million
Hope Bay Gold (HGC-T) has raised $2 million through the private placement of 4.9 million units priced at 41 each. A unit consists of one share and one warrant, with a warrant entitling the holder to …
NDT picks up ground in Peru
NDT Ventures (NDE-V) is preparing to begin a work program at its newly acquired Antana gold project, 80 km from the city of Juliaca in southern Peru’s Puno department.The program will test gold minera…
Silver-resistant bacteria
Although we think of silver as a bacteria fighter, a group of scientists in Sweden has found a bacterium that actually grows silver crystals and stores them on the edges of its cell wall.This discover…
Funds earmarked for BC labs
The Canadian Foundation for Innovation (CFI), an independent, non-profit organization, has pledged $1.25 million to create five research labs at the Department of Mining and Mineral Process Engineerin…
Liqhobong study nears finish
A feasibility study of the Liqhobong diamond project in Lesotho is nearing completion.MineGem (MGEM-C) (formerly Messina Diamond) is focusing on the Satellite kimberlite pipe, which hosts an indicated…
Russian uncertainty pushes palladium to new record
With Russian shipments in question once again, the price of palladium shot up $90 during the July 26-Aug. 1 report period to a record London morning fix of US$855 per oz. on Aug. 2. The metal had slip…
Kisladag resource base increases
A scoping study on Eldorado Gold’s (ELD-T) Kisladag porphyry gold deposit in west-central Turkey has increased the resource in the proposed open pit to 79.1 million tonnes grading 1.33 grams gold per …