Apex drills Platosa property
Denver-based Apex Silver Mines (SIL-X) has begun drilling at Excellon Resources’ (EXN-V) Platosa polymetallic property, near Bermijillo in Mexico’s Durango state.Apex can earn a 65% direct interest in…
News
Diamond core cuts high grade for Argentina Gold
Partial results from the first diamond drill hole on the Veladero property in Santa Cruz province have returned high grades for Argentina Gold (ARP-V).Drill hole DDA-1 cut 31 metres averaging 42.25 gr…
AFRICA — NAME CHANGE
Porcher Island Gold (PIG-V) has changed its name to Tetra Metals (TTL-V) on a 1-new-for-5-old-share basis.
Index (February 01, 1999)
CareersClassifiedCommentaryDrillersEditorialFacts’n’FiguresLetter to the EditorMarket PlaceMetal PricesProfessional DirectoryStock MarketSubscription Services…
NAME CHANGE (February 01, 1999)
Consolidated Trilogy Ventures (CTJ-V) has changed its name to Thyssen Mining Exploration (TME-V).
CORRECTION (February 01, 1999)
The reserve figure quoted for the Glimmer mine in our Jan. 18 issue was incorrect. The mine, situated in northeastern Ontario, has reserves of 1.3 million tonnes grading 10.3 grams gold per tonne, plu…
AFRICA — De Beers ensures Botswana’s place atop rough diamond sector
The Orapa mine in Botswana is in the midst of a US$400-million expansion project aimed at boosting annual production to 12 million carats. Consequently, the mine life will be halved to 30 from 60 year…
GOLD FUNDS (February 01, 1999)
Gold Funds as of January 21, 1999BGRCentralNet Value$14.015.90Price$9.25$…
AFRICA — Fighting in Sierra Leone foils Nord’s production efforts
Nord Resources (NRD-N) has broken off negotiations with the government of Sierra Leone for the reopening of the Sierra Rutile operation after a rebel offensive on the capital city of Freetown plunged …
Armistice board survives
Dissident shareholders of Armistice Resources (ACI-M) have failed in a bid to unseat the board of directors at the company’s annual meeting.The dissidents, led by Gordon Usher-Jones and Mark Diamond, …
Kinross amends offer
The terms of a previously announced merger between Kinross Gold (K-T) and La Teko Resources (LAO-T) have been amended.Under the revised terms, La Teko shareholders will receive one Kinross share in ex…
Sirios funds work at Aquilon
Following an infusion of cash, Sirios Resources (SOI-M) is gearing up for a 10-hole, 1,500-metre drilling program at its Aquilon gold property in the James Bay region of northern Quebec.In late Decemb…