Exchange Rates (July 10, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 4July 3June 30June 29June 28…
2000
Zinc, nickel hold on to gains
The Americans’ Independence Day fell on a Monday this year, and so, with the report period June 26-30 leading into a long weekend, it is not surprising little out-of-the-ordinary occurred in metals ma…
Twin Mining finds Baffin Island stones
A grab sample from one of the Jackson Inlet kimberlite pipes, on Baffin Island, has returned encouraging results for Twin Mining (TWG-T).The 94.52-kg weathered sample contained 42 diamonds, of which t…
MEETINGS (July 10, 2000)
July 10 Andina — annual; 10 a.m., Ste. 1304, 925 W. Georgia St., Vancouver.July 11 Golden Arch — annual, general; 9 a.m., 1041 S.W. Marine Dr., Vancouver.July 11 Silver Peak — annual,…
JNR sizes up Moore Lake drill core
JNR Resources (JNN-V) has finished its first phase of drilling at the Moore Lake uranium project, 40 km northeast of the Key Lake uranium mine in northern Saskatchewan. Further geochemical analysis of…
Vaaldiam eyes fissures
Vaaldiam Resources (VRL-V) is set to acquire the Zuurverdiend diamond property, in South Africa’s Northern Province, from De Beers Consolidated Mines (DBRSY-Q).Vaaldiam is already exploring four diamo…
Partners pull gems from James Bay
Partners Spider Resources (SPQ-V) and KWG Resources (kwgr-c) have intersected more diamonds in the Kyle No. 3 kimberlite body, in the James Bay Lowlands of northern Ontario.Hole 2000-1, one of seven r…
Int’l Wayside Gold Mines resumes trading on mixed results
Vancouver — After being taken to task by the Canadian Venture Exchange for its over-promotional ways and questionable past sampling practices, International Wayside Gold Mines (IWA-V) has resumed tra…
Homestake doubles stake in Round Mountain
Homestake Mining (HM-N) will buy a 25% interest in the Round Mountain gold mine from Case Pomeroy (CASPA-O) for US$42.9 million. The mine is in central Nevada.The acquisition doubles Homestake’s inter…
Tracing the history of the Hope Bay deposits
The Hope Bay gold deposits are making news, yet the actual history of discovery has not been well-documented. I would like to set the record straight on the discovery of the Boston and Doris mineral o…
Iamgold drills in Ecuador
After many months of groundwork, drills have begun turning at Iamgold’s (IMG-T) Retazos project in southern Ecuador.Over the past 18 months, the Markham, Ont.-based junior has assembled a dominant lan…
Gel has environmental value
A unique gel that can be used to soak up oil pollution, transport medicines in the body, and even grow new skin cells is being patented by researchers at the University of Bradford’s School of Pharmac…