NEWS ROUNDUP — Minto drills in Yukon
Drilling by Minto Explorations (MXO-V) will test newly generated targets outside known areas of mineralization at its polymetallic project 240 km northwest of Whitehorse, Y.T.The company and partner A…
News
Canyon considers suit against Montana — Prohibition on cyanide use deemed unconstitutional
Canyon Resources (CAU-X) is considering challenging a controversial new law in Montana that prohibits the use of cyanide in new mining projects.The fifth amendment of the U.S. constitution provides th…
Meetings (March 08, 1999)
March 9, Intertech March 9, Lakewood March 9, Mustang March 9, Ramarro March 10, Harvey Creek March 10, MacMillan March 10, Madrona March 10, Nora March 10, Stookum March 11, Braiden March 11, Enertec…
Asia Minerals proves up Copperstone
Asia Minerals (AMP-A) is inching its way toward feasibility at the Copperstone gold project in southwestern Arizona, having just tabled encouraging results from a scoping study.The Vancouver-based com…
NEWS ROUNDUP — Barrick makes changes at top
As expected, Barrick Gold (ABX-T) has reached into its own talent pool to fill a vacancy left by the surprise departure of president Paul Melnuk.Randall Oliphant was appointed president and chief exec…
River Gold boosts profits
River Gold Mines (RIV-T) continues to prosper from mining two small deposits in the Wawa area of northern Ontario.In 1998, the junior miner earned $7.5 million (or 24 cents per share) on revenue of $3…
Brewery Creek shines
The Brewery Creek gold mine in the Yukon has been performing better than its owner, Viceroy Resource (VOY-T), expected.The open-pit, heap-leach mine produced 79,396 oz. in 1998 at a total cash cost (i…
Glamis completes Rayrock merger
The Toronto staff of Rayrock Resources (RAY-T) are clearing out their desks and heading to Reno, Nev., now that the company has been acquired by Glamis Gold (GLG-T).Glamis issued 29.3 million shares a…
EDITORIAL & OPINION – PERSPECTIVES — The mine at the top of the world
For a remotely situated operation that was expected to produce for only 12 years, the Nanisivik zinc mine has demonstrated that staying power is possible even in the High Arctic.The mine, situated on …
Research centre finds home in Ontario’s north
A $6.8-million research and development program at Laurentian University in Sudbury, Ont., will focus on developing mining and environmental monitoring technology.The Ontario government provided $2.2 …
LME WHSE LEVELS (March 08, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar. 2/99 (change from Feb. 23 in brackets):MetalStocks (tonnes)Change…
TSE INDICES (March 08, 1999)
1999Mar. 2Mar. 1Feb. 26Feb. 25Feb. 24HighLowCompo…