AMF advances projects
Though hamstrung by the chronic political instability of central Africa, London-based America Mineral Fields (AMZ-T) is nonetheless making progress at its copper-cobalt and zinc projects in the region…
2000
PGM markets in transition: survey
High prices for platinum group metals (PGMs) will continue in the short term, according to Platinum Group Metals Survey 2000, published by New York, N.Y.-based CPM Group.The survey, which summarizes d…
On-line market seeks vendor
The Los Angeles-based Mining and Metals On-line Procurement Marketplace has narrowed its search for an e-commerce vendor down to three candidates: Ariba, Commerce One and Oracle.The companies, each of…
Producer and Dealer Prices (July 24, 2000)
Antimony: Mid-mkt US$1,500/t.Bismuth: Mid-mkt US$3.35/lb.Cadmium: Mid-mkt US$0.22/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.70-14.00/lb.Copper: Comex Sept. US$0.847/lb.Indium: I…
Canatuan JV talks stalled
Junior TVI Pacific (TVI-T) has retained a financial adviser to help raise development funds for its Canatuan gold project in the Philippines.TVI is seeking up to US$6 million to expand its existing pl…
PolyMet finances NorthMet exploration
PolyMet Mining (POM-V) has received US$500,000 in exploration financing as part of a joint-venture agreement with Australia’s North Ltd.The funds, which constitute the first part of a private placemen…
IMA adds to portfolio
Junior IMA Exploration (IMR-V) has picked up additional ground in Argentina’s San Juan province.The Vancouver-based company has negotiated the acquisition of the Mogote property, 70 km north of the re…
Wheaton River profits from early spring
An early start at its seasonal Golden Bear mine translated into record production and profits for Wheaton River Minerals (WRM-T) in the first half of the year.Earnings for the six months ended June 30…
Marine miner encounters rough seas in Namibia
Unexpectedly difficult mining conditions, combined with an extended port call, hindered Namibian Minerals’ (NMR-T) diamond production in the first half of 2000.The ocean miner cranked out about 100,00…
Freeport reports drop in sales
Freeport-McMoRan Copper & Gold (FCX-N) incurred a loss in the second quarter, owing to lower metal sales.For the three months ended June 30, Freeport posted a loss of US$19 million (12 per share), co…
Gammon Lake cuts high grades
Drilling at the Ocampo gold-silver project in Mexico’s Chihuahua state continues to return heartening results for Gammon Lake Resources (GAM-T).Hole 110 cut 44.2 metres (between 98.1 and 142.3 metres)…
MEETINGS (July 24, 2000)
July 25 Boreal — specialJuly 25 Brigadier — annual, specialJuly 25 Int’l Northair — annual, general; 11 a.m., Ste. 860, 625 Howe St., Vancouver.July 26 Allied Northern…