Companies (August 30, 1999)
Aber ResourcesAlta GoldAsarcoAthlone MineralsAthlone ResourcesBarrick GoldBroken Hill ProprietaryCambiorChesbar ResourcesCoeur d’Alene MinesCorner Bay MineralsCyprus Amax MineralsDia Met MineralsEldor…
News
Barrick, Pangea drill in Tanzania
Barrick Gold (ABX-T) will conduct a 10,000-metre drill program on Pangea Goldfields’ (PGD-T) Golden Ridge property in the Kahama greenstone belt of Tanzania.The $1-million campaign will attempt to ext…
Chesbar hits more gold
Drilling and surface sampling have enabled Chesbar Resources (CBI-M) to confirm two new gold-bearing zones at its project in Venezuela’s Bolivar state.Three follow up holes were collared on the northw…
Careers (August 30, 1999)
Division ManagerWe are a leader in the design and manufacture of underground mining equipment and are looking for an individual to assist in our growth strategy as it relates to the design and marketi…
Phelps muscles in on Asarco, Cyprus
At a time when Asarco (AR-N) and Cyprus Amax Minerals (CYM-N) are completing a merger to create the world’s largest publicly traded copper company, their rival, Phelps Dodge (PD-N), has stepped…
MINING MARKETS & INVESTMENT NEWS — Eastern Markets — Golds weaken, base metals regain some strength
The Toronto Stock Exchange made solid gains during the trading period Aug.18-24, with the TSE 300 composite index up 116.79 points to close at 7,169.80 — a gain of 1.7% over the five trading days.The…
Junior drills in Carlin
Nevada Pacific Gold (NPG-V) has begun drilling on its South Carlin property in Nevada.Initial drilling will test for gold associated with the Rain structural trend, which was projected to cross throug…
LME Warehouse Levels (August 30, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Aug.24/99 (change from Aug. 17 in brackets):MetalStocks (tonnes)Change…
Spot Prices (August 30, 1999)
Wednesday August 25, 1999Courtesy of ScotiabankPrecious MetalsPrice (US$/oz.)ChangeGold$253.20- $8.30…
Manhattan hits more sulphides
Manhattan Minerals (MAN-T) has released more encouraging drill results from the TG-3 copper-zinc-gold-silver target, part of its Tambo Grande project in northern Peru.The company is earning a 75% inte…
Corner Bay finds sweet spot
Infill drilling at the Alamo Dorado property in Sonora state, Mexico, is proving up what could become an open-pit, heap-leach silver mine.Corner Bay Minerals (BAY-T) collared nine reverse-circulation …
EDITORIAL — Last legal gasp — Coveting Hemlo
It has been said of Murray Pezim that he sometimes forgot who his real friends were, a failing not uncommon in people who need the stroking an entourage provides. But he always knew who his enemies we…