Base metals have long been the workhorses of the mining industry, with lower profit margins and less glamour than gold. But since the yellow metal began its downward tumble, analysts have shown renewe…
The Cerro Mojon gold mine in Nicaragua is operating better than planned, reports Greenstone Resources (GRE-T).In the first five months of the year, the open-pit, heap-leach operation cranked out 29,96…
Aber ResourcesAfcan MiningAltavista MinesAnglogoldAquest MineralsArchon MineralsArmistice ResourcesAtna ResourcesBattle Mountain GoldBema GoldBirim GoldfieldsBolivar GoldfieldsBroken Hill ProprietaryB…
Partners Romios Gold Resources (RGRI-C) and BWI Resources (BWE-V) have begun exploring the Scossa gold property in north-central Nevada.The program will include mapping of the geology and all historic…
Citing falling gold prices, Quebec-based Noveder (NED-M) has decided not to proceed with the Rambler and Ming West tailings project near Baie Verte, Nfld.Ming Minerals, 70% of which is owned by Easter…
Weak gold markets have left Greater Lenora Resources (GEN-T) unable to fund this year’s plans for the Goldfields project in northern Saskatchewan.Early this year, Lenora reported that full-scale devel…
London-based Rio Tinto (RTP-N) has entered into an agreement with Guyanor Ressources (GRL.B-T) to explore for diamonds in central French Guiana.The major can earn up to a 70% interest in the Dachine d…
The story “Junior eyes rare pegmatite,” (T.N.M., May 31-June 6/99) states that “the Tanco mine in Manitoba is currently processing only tailings.” This is incorrect. We last processed tailings in 1996…
Atna Resources (ATN-T) plans to join forces with Grayd Resources (GYD-V) to explore the latter’s Dry Creek and Anderson Mountain properties in the Bonnifield district of Alaska.To earn a 51% interest …
Shallow drilling by Birim Goldfields (BGI-T) at its Mampon gold deposit in Ghana has delineated areas of high-grade gold mineralization.The deposit is part of the Dunkwa concession. Birim had been par…
Hillsborough Resources (HLB-T) and its 63%-owned subsidiary, Quinsam Coal, have been granted creditor protection by the Supreme Court of British Columbia.In a final attempt to restructure its debt, Qu…
Although economic conditions in 1998 adversely affected other commodities, silver showed resilience through a turbulent year, posting its best price performance in 11 years. Its strength was largely t…
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