Bissett mine expansion to go ahead
With this year’s production figures indicating signifcant cost improvements, South African miner Harmony Gold (HGMCY-Q) has approved a $6-million expansion program for its Bissett operation in eastern…
News
Avalon finds tantalum at Raleigh Lake
Avalon Ventures (AVL-V) has discovered tantalum mineralization in pegmatite dykes at the Raleigh Lake property, near Ignace in northwestern Ontario.One grab sample yielded a value of 0.22% Ta2O5 plus …
LETTERS TO THE EDITOR — BC amendment fails prospector
Last year, British Columbia’s Ministry of Energy and Mines, under Dan Miller, enacted two pieces of legislation purported to encourage mining activity in the province and facilitate the process for ob…
Mixed results for partners
Despite decreased production at the Sleeping Giant and Beaufor gold mines in Quebec and lower realized gold prices, Aurizon Mines (ARZ-T) stayed in the black during the second quarter.The company earn…
Ambrex, Anglo American team in Brazil
Ambrex Mining (AMBX-C) has signed a letter-of-intent regarding its Aripuana base metal property in southwestern Brazil with Anglo American Brasil, a subsidiary of U.K.-based Anglo American (ANGLY-Q).T…
Gold Funds (August 30, 1999)
Gold Funds as of August 19, 1999BGRCentralNet Value$13.515.51Price$8.90$5…
Correction (August 30, 1999)
In our Aug. 16 issue, we incorrectly stated that the Tulawaka property in Tanzania belongs to Tan Range Exploration (TNX-A). In fact, it is a 70-30 joint venture between Pangea Goldfields (PGD-T) and …
The Northern Miner Small Producers Index (August 30, 1999)
67.04 (-0.18)(Sept. 30/98 = 100)…
The Northern Miner North American Mining Index (August 30, 1999)
98.70 (+0.42)(Sept. 30/98 = 100)…
NEWS IN BRIEF (August 30, 1999)
Athlone Resources (AT-V) has changed its name to Athlone Minerals (ATH-V) on a 1-new-for-10-old-share basis.
Teck exercises WC warrants
Vancouver-based Teck (TEK-T) has exercised 1.1 million warrants at $1.93 each. The warrants were issued by Western Copper Holdings (WTC-T) as part of a private placement of units in May.Proceeds will …
Index (August 30, 1999)
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