Vista advances mine
Armed with a preliminary banking agreement, Vista Gold (VGZ-T) is proceeding with development of the Amayapampa open-pit mine in southwestern Bolivia.The junior negotiated a US$15-million loan in Janu…
Articles by Northern Miner Staff
TSE INDICES (February 08, 1999)
1999Feb. 2Feb. 1Jan. 29Jan. 28Jan. 27HighLowComposite “300”6683.786765.446729.566668.456651.717835.755325.79Metals & Minerals2944.243024.783030.153023.823019.714423.922412.49Integ…
Metals should recover in year 2000: experts — New technology expected to slash production costs
The world economy should stabilize this year and begin a modest recovery in the year 2000, triggering a recovery in metals prices.Peter O’Connor, an international equity investment manager, delivered …
Barrick extends offer for Argentina Gold
Barrick Gold (ABX-T) has extended its offer for all outstanding shares of Argentina Gold (ARP-V) for $5 cash per share until Feb. 9.In response, AG stands firm in its recommendation that its sharehold…
Cyprus bleeds red in 1998
Englewood, Colo.-based Cyprus Amax Minerals (CYM-N) posted a net loss for 1998 as a result of low copper prices.The loss of US$75 million (or $1.02 per share) compares with earnings of US$69 million (…
Companies (February 08, 1999)
Aber ResourcesAlto MineralsAmeridex MineralsApex Silver MinesApogee MineralsArgentina GoldAsarcoAshanti GoldfieldsAvalon VenturesBand-Ore ResourcesBarrick GoldBeaufield Consolidated Resourc…
Study sheds light on Big Whopper
Armed with $1.2 million in funding and positive mineralogical results, Avalon Ventures (AVL-V) is accelerating prefeasibility work at its Separation Rapids project, 60 km north of Kenora, Ont.Block mo…
Ontario, Quebec committees urge tighter disclosure standards
Two separate committees, one advising the Toronto Stock Exchange and the Ontario Securities Commission, and another advising the Commission des Valeurs Mobilieres du Quebec (CVMQ), have both recommend…
Careers (February 08, 1999)
Research ChairsLaurentian university is located in Sudbury, at the heart of Ontario’s hard-rock mining industry. Laurentian is undertaking a major initiative to build on and strengthen its research an…
Gowest, GeoNova team at Cavalier
Juniors Gowest Amalgamated Resources (GWA-A) and GeoNova Explorations (GNE-M) have entered into an equal joint-venture agreement at the latter’s Cavalier property, in the Casa Berardi region of northw…
Yamana discovers copper sulphides in Chile
Exploration by Yamana Resources (YRI-T) has uncovered disseminated copper sulphide mineralization in drill cuttings and hydrothermal alteration assemblages at two of the company’s eight porphyry coppe…
Index (February 08, 1999)
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