Palmietgat diamond project moves forward
With a mining permit in hand, Trivalence Mining (TMI-V) expects production to begin by April at the Palmietgat diamond project in South Africa.The 20.8-sq.-km property, situated 70 km north of Pretori…
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Manhattan banks on Tambo Grande
After spending US$10.5 million on exploration at its Tambo Grande project in Peru and taking a US$8-million writedown of its Moris gold mine in Mexico, Manhattan Minerals (MAN-T) was left with a loss …
Glamis gets green light for mine in Honduras
Junior Glamis Gold (GLG-N) has received the final operating permit at the San Martin mine in Honduras, allowing the Reno-based company to begin production.Glamis broke ground at the site, 55 miles nor…
Breakwater buys Cambior’s zinc mines
For US$48 million, zinc miner Breakwater Resources (BWR-T) has agreed to buy Cambior’s (CBJ-T) wholly owned Bouchard-Hebert and Langlois zinc-copper mines in northwestern Quebec.The deal also includes…
Pan American, authorities put pressure on Kaskol
Pan American Silver (PAA-T) is trying to win the support of Russian authorities in its struggle to get the Dukat mine up and running.The battle for control of the mine began late in 1999 when Kaskol, …
Issues forums start each day of MM2000
Mining as an industry in transition appeared to be the overarching theme reflected in five issues forums that kicked off each day of Mining Millennium 2000, a conference jointly sponsored by the Prosp…
Tobin vs. Schulich
The war of words between Newfoundland Premier Brian Tobin and Toronto businessman Seymour Schulich over the Voisey’s Bay nickel project in Labrador has served one useful purpose: it has made everyone …
Namco cleans up in more ways than one Investment Commentary
After paying a visit to Namibia to view the country’s offshore diamond mining operations, analyst Roger Chaplin of T. Hoare Canaccord returned with good things to say about the growth prospects of one…
World Wide exits uranium business
World Wide Minerals (WWS-T) has sold its quarter-stake in WM Mining International (WMMI) to WM Mining, a private, Denver, Colo.-based firm.World Wide formed WMMI in mid-1999 to hold its uranium assets…
MOST ACTIVE ISSUES, March 8-14
ExchngVol(000s)HighLowCloseChangeSouth Am Gld&CT 52411 0.36 0.12 0.28 + 0.1…
Battle Mountain files petition
Battle Mountain Gold (BMG-N) has filed a petition in a state superior court for the reinstatement of water rights and the water quality permit for the Crown Jewel project in Washington state.The major…
Eden Roc reorganizes
Now in the hands of former Royal Oak executives Margaret Kent (formerly Witte) and Ross Burns, Eden Roc Minerals (EDN-T) has completed a reorganization and a consolidation of shares on the basis of on…