Gabriel enhances Rosia Montana
Drilling by Gabriel Resources (GBU-V) has expanded gold mineralization at the Rosia Montana project in Romania.The company is pushing the drilling southwest of the main Cetate zone and says it is cont…
News
Meetings (December 28, 1998)
Dec. 29, AnzexDec. 29, CalterraDec. 29, East AsiaDec. 29, Mink Int’lDec. 29, PantherDec. 29, SigaDec. 30, AmericDec. 30, ArcturusDec. 30, ChirripoDec. 30, Mutapa GoldDec. 30, Nevada PacificDec. 30, Pa…
Placer updates Cerro Casale resource
Placer Dome (PDG-T) has boosted the geological resource estimate of the Cerro Casale deposit in northern Chile.Situated on the Aldebaran property, 250 km southeast of Copiapo, the deposit now has a me…
Homestake consolidates Aussie holdings
Homestake Mining (HM-N) has signed a deal with Australian-listed Resolute and its joint-venture partners, Titan Resources and Marymia Exploration, to acquire the 250,900-acre Marymia property for US$8…
Work program slated to begin at Brookbank — Corporate transactions end legal dispute that stalled project
Having obtained shareholder and regulatory approval, Ontex Resources (ONT-A) has completed its amalgamation with privately held Faymar Gold Mines and set the stage for ongoing exploration of the Brook…
INVESTMENT COMMENTARY — Weak junior resource market takes shine off Minefinders
Despite an updated resource estimate and a positive scoping study, the share price of Minefinders (MFL-T) has not kept step with the improving fundamentals of its Dolores gold-silver project in west-c…
NAME CHANGE (December 21, 1998)
Consolidated Sarabat Gold (CSB-V) has changed its name to CSG Resources (CSG-V) on a 1-new-for-3-old-share basis.
CORRECTION (December 21, 1998)
In our Nov. 30 issue, we incorrectly stated that startup of the Diavik diamond project in the Northwest Territories was set for the second quarter of 2001. Startup is scheduled for the second quarter …
GOLD FUNDS (December 21, 1998)
Gold Funds as of December 10, 1998BGRCentralNet Value$13.795.92Price$9.45…
La Camorra mine making long climb back
Less than a year ago, the La Camorra gold mine in eastern Venezuela looked like an expensive hobby.Operating losses and poor production at the mine had left operator Monarch Resources (MRE-T) with lit…
BHP gains option to develop Tenke Fungurume
BHP Copper, a subsidiary of Broken Hill Proprietary (BHP-N), has negotiated an option to acquire a major stake in Tenke Mining’s (TNK-T) enormous Tenke Fungurume copper-cobalt project in the Democrati…
Orvana extends option on Butte Highlands
In an agreement with the property owners, Orvana Minerals (ORV-T) has extended by four years its purchase option on the Butte Highlands gold project in Montana.The company can acquire the title to the…