News

Greystar commissions audit for Angostura project

Junior Greystar Resources (GSL-T) has commissioned Strathcona Mineral Services of Toronto to review its Angostura gold-silver project in northeastern Colombia.The audit will focus on the methodology a…


United Carina drills gold showings

A 4,000-metre drill program mounted by United Carina Resources (UCA-V) in central Newfoundland has intersected gold mineralization below surface showings, including two holes with bonanza gold values….


Hecla posts quarterly loss

Hecla Mining (HL-N) lost US$36 million (or 54 cents per share) in the third quarter, compared to a loss of US$2.7 million (5 cents per share) in the corresponding period in 1998.The company was hit wi…


Olympus drills Vietnamese prospect

Junior gold explorer Olympus Pacific Minerals (OYM-V) has hit narrow, high-grade gold mineralization in closely spaced drilling at its Phuoc Son property in central Vietnam.The 6-hole program tested f…


Anaconda sues nickel mine contractor

Australian nickel producer Anaconda Nickel has filed a US$192-million lawsuit against contractor Fluor Daniel, blaming the engineering firm for start-up woes at the US$650-million Murrin Murrin nickel…


Minera Andes picks up ground

Although known for its exploration projects in Argentina, Minera Andes (MAI-A) has signed an agreement with the Romanian government to explore two properties in that country.The Voia and Ostoros prope…


Writedown cuts into earnings at Cameco

Uranium and gold producer Cameco (CCO-T) salvaged a quarterly profit despite having taken a $45.5-million charge against the value of its properties.For the three months ended Sept. 30, the Saskatoon-…


Bema, Ecuadorian swap shares

As a means to advance its South American projects, Ecuadorian Minerals (EMC-T) is exchanging 3.8 million of its shares for 3.3 million shares of Bema Gold (BGO-T).The trade, which is subject to regula…


Companies (November 15, 1999)

Aber ResourcesAfrioreAnaconda NickelAnglo AmericanAnglogoldApex Silver MinesAshanti GoldfieldsAtna ResourcesAurizon MinesBarrick GoldBattle MountainBema GoldBlack Hawk MiningCambiorCamecoCanarc Resour…


DIAMOND PAGE — Diamond Fields sells more gems

Vancouver-based Diamond Fields International (DFI-V) has sold a 6,475-carat parcel of diamonds from its Luderitz ocean concessions, off the coast of Namibia.The US$164-per-carat sale was preceded by t…


Tulawaka reveals more gold

Partners Pangea Goldfields (PGD-T) and Minires du Nord (MDN-M) continue to report high gold values from their Tulawaka property in Tanzania’s Lake Victoria Goldfields district.Results from 15 holes i…


NEWS ROUNDUP — KEGS starts scholarship fund

The Canadian Exploration Geophysicists Society (KEGS) has established a scholarship fund for students interested in pursuing studies in geophysics.The KEGS Foundation is currently raising funds for bo…


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