Yukon environment group funds research
The Whitehorse-based Mining Environment Research Group (MERG) is funding five projects in the Yukon.The projects are designed to reduce environmental compliance costs through the development of new te…
2000
Barrick earnings steady in second quarter
Barrick Gold (ABX-T) posted earnings of US$72 million (US36 per share) for the second quarter of 2000, the same profit it made in the first quarter of the year. Revenue for the second quarter amounte…
Hope Bay exceeds expectations
Partners Hope Bay Gold (CBX-T) and Miramar Mining (MAE-T) have added a high-grade finish to their newly completed underground work program at the Boston deposit in Nunavut.Boston is one of several dep…
CDNX remains adrift in summer doldrums
Canada’s junior exchange remained steady over the report period ended July 25, with all indices edging slightly downward.The Canadian Venture Exchange added 0.88 point to its value and finished the we…
Glen Harper convicted on insider trading charges
The Ontario Court of Justice has found Glen Harper, president of Golden Rule Resources (GNU-T), guilty of two charges of illegal insider trading in the company’s shares during early 1997, when the com…
Falconbridge chalks up another profitable quarter
The continued strength of base and platinum group metals translated into another profitable quarter for Falconbridge (FL-T).Net earnings for the three months ended June 30 topped $126.3 million (or 70…
NAME CHANGES (July 31, 2000)
Akash Ventures (AKH-V) has changed its name to International Akash Ventures (IKS-V) on a 1-new-to-3-old share basis.Aegean Gold (AEG-V) has changed its name to Agean International G…
Whole sampling more representative
This letter is in response to your misleading and erroneous portrayal of “whole sampling” core as questionable sampling, with implications of “salting” and fraud in articles and cartoons (May 15 to Ju…
Share swap offer for Altoro
In an attempt to diversify its exploration portfolio, Denver-based Solitario Resources (SLT-T) has tabled a friendly takeover bid for junior Altoro Gold (ATG-V).The share swap offer would see Altoro s…
Noranda fast-tracks Matagami discovery
Three zinc-copper zones in the Matagami camp of northwestern Quebec are taking the shape of a promising target for Noranda (NOR-T).Thirty-five holes were recently sunk in the Equinox, Perseverance and…
Cominco posts profit in quarter
Operating profits at the Red Dog mine in Alaska and the Trail smelter in British Columbia propelled base metal titan Cominco (CLT-T) to substantial earnings in the second quarter.The company posted a …
San to drill near Bissett
Winnipeg-based San Gold Resources (SGR-W) has launched a major exploration program on its property near the producing Bissett mine in northern Manitoba.The $500,000 program will consist of basal till …