Queenstake tables study for Magistral
A feasibility study of the Magistral gold project in Mexico’s Sinaloa state indicates that the low-grade resource could be economically viable.”The potential of the project to demonstrate a robust rat…
News
Mining companies take on global warming
A pamphlet published by the Mining Association of Canada (MAC) singles out four major companies for taking action to address growing concerns over global warming.Many believe that the mining industry …
EVENTS (May 29, 2000)
May 29-June 2 PanCanadian Petroleum — “GeoCanada 2000.” University of Calgary, Calgary, Alta. Contact Jon Dudley. Tel: (403) 290-2000. Web site: 222.geocanada2000.comMay 31-June 1 Int’l Investment Co…
Alcan helps save wartime ship
Alcan Aluminum has become the first corporate sponsor of a plan to save the St. Roch, a retired schooner of the Royal Canadian Mounted Police.The company and the vessel have an extended mutual history…
Geologist wins memorial award
Toronto geologist David Ross has been selected as the 1998-99 winner of the David Money Memorial Award, presented each year to the top student in the masters mineral exploration program at Queen’s Uni…
Philex posts lower output
A production shortfall has cut deep into the bottom line of Philex Gold (PGI-T).For the three months ended March 31, the junior lost US$2.7 million on revenue of US$11.6 million, compared with earning…
Stronger loonie costs River Gold Mines
Lower-grade ore and a rebounding Canadian dollar left River Gold Mines (RIV-T) with a small loss in the first quarter of 2000.For the three months ended March 31, River Gold posted a loss of $567,550 …
Campbell to drill new prospect at Santa Gertrudis
An 8-hole program of reverse-circulation drilling by Campbell Resources (CCH-T), north of its Santa Gertrudis mine in Sonora state, Mexico, has turned up gold mineralization.Six of the holes drilled o…
Anglogold, Rubicon seal deal
The first foray into Canadian exploration by South African giant AngloGold (AU-N) is under way, following closure of the house’s deal with Rubicon Minerals (RMX-V).The deal lets AngloGold earn a 60% i…
PEOPLE (May 29, 2000)
Atna Res. — John Purkis appointed vp mining and development.Dia Met — Peter Atkinson appointed interim chairman.General Minerals — Brian Cramm appointed CEO and treasurer.K…
Gold used in DNA computing
Knowing that humans can think faster than any machine, computer scientists have long wondered if they could ever meld the virtually unlimited informational capacity of biology into the sheer brute pow…
Clearwater gold zones shaping up for Eastmain, Soquem
Drilling by Quebec government-owned Soquem at the Clearwater property, in the James Bay region of northwestern Quebec, has confirmed that veins exposed at surface in a stripping program last fall cont…