Yamana buoyed by Argentine results
Spectacular silver and gold grades in two drill intersections have tripled the price of shares in Yamana Resources (YRI-T).The assays, from two diamond drill holes at the Veta Martha prospect at the B…
News
PRECIOUS METALS — Newmont picks up Alaskan gold play
The Alaskan subsidiary of Newmont Mining (NEM-N) has optioned the Gold Dust property in the Tintina gold belt of eastern Alaska from Vancouver’s Great Quest Metals (GQ-V).Newmont Alaska can buy the 5,…
PRECIOUS METALS — Lac des les still battling for profits
By the end of June, North American Palladium (PDL-T) expects to complete a program of drilling and metallurgical testwork at Lac des les, Canada’s only primary platinum group metals mine.Once results…
PRECIOUS METALS — Rubicon options property
Vancouver-based Rubicon Minerals (RMX-V) has optioned one of its properties in Ontario’s Red Lake mining district to Royal Roads (RRO-A).According to the deal, Royal Roads can earn a 51% interest in t…
PRECIOUS METALS — Partners hit wide intervals at Kanegele
Juniors Pangea Goldfields (PGD-T) and Explorations Minieres du Nord (MDN-M) are showing that there may yet be a few elephants left in Tanzania’s Lake Victoria Goldfields district.The partners intersec…
PRECIOUS METALS — Iamgold reports strong quarter
Despite low gold prices, the Sadiola Hill gold mine in Mali continues to churn out profits for partners Iamgold (IMG-T) and Anglogold (AU-N) of South Africa.The open-pit mine is owned by SEMOS, a Mali…
Companies (May 31, 1999)
Aconic MiningAlto MineralsArmada GoldAshanti GoldfieldsAvalon VenturesBand-Ore ResourcesBarrick GoldBattle Mountain GoldBillitonCamecoCampbell ResourcesColumbia Gold MinesComincoCrown ResourcesCSA Man…
Meetings (May 31, 1999)
May 31, FoundationMay 31, GeomaqueMay 31, Golden TrumpMay 31, Holmer GoldMay 31, NanecoMay 31, Prospector Int’lMay 31, SerenaMay 31, US DiamondJune 1, Ascot EnergyJune 2, DoublestarJune 2, Elk PointJu…
PRECIOUS METALS — Aurizon finds more gold at Casa Berardi
The Casa Berardi property in northwestern Quebec has yielded more gold to owner Aurizon Mines (ARZ-T).Ongoing definition and stepout drilling hit several wide intervals in Zone 113 and west of the Low…
PRECIOUS METALS — Soquem, Eastmain outline mineralization
A 9-hole drill program at the Eau Claire (Clearwater) property in the James Bay region of northwestern Quebec has established continuity of mineralization on a known gold structure.Quebec-government-o…
Engineering work begins at Samira Hill gold project
With a positive feasibility study in hand, Etruscan Resources (EET-T) has initiated site preparation and engineering work at the Samira Hill gold project in Niger, West Africa.A unit of Rand Merchant …
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Bullish traders await results from Winspear
The Vancouver Stock Exchange composite index lost 9.41 points, or 2%, to finished the holiday-shortened report period ended May 25 at 457.64. The mining index dipped 4.54 points, or 1.4%, to close at …