Careers (March 22, 1999)
LAURENTIAN UNIVERSITY and MIRARCOLaurentian University is located in Sudbury, at the heart of Ontario’s hard-rock mining industry. Laurentian is undertaking a major initiative to build on and strength…
News
OVERSEAS QUOTES (March 22, 1999)
Close: Tuesday March 16, 1999SOUTH AFRICA (SA Rand)VolumeCloseAnglovaal Mg290,00024.40Avgol…
LME WAREHOUSE LEVELS (March 22, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.16/99 (change from Mar. 9 in brackets):MetalStocks (tonnes)Change…
NEWS ROUNDUP — First Labrador drilling Ming’s Bight
A drill program by First Labrador Acquisitions (FLI-A) is testing the Ming’s Bight property on Newfoundland’s Baie Verte Peninsula.The work program is aimed at testing the gold and base metal potentia…
AG cuts high grades
Red-hot junior Argentina Gold (ARP-V) has released still more encouraging results from its aggressive drilling campaign at the Veladero project in northwestern Argentina.Reverse-circulation drilling a…
Companies (March 22, 1999)
Aber ResourcesAlcan AluminumAnglo AmericanAnglogoldArgentina GoldBarrick GoldBattle Mountain GoldBillitonBroken Hill ProprietaryCambiorCancor MinesClaude ResourcesEuro-Nevada MiningFalconbridgeFarallo…
The Northern Miner — North American Mining Index (March 22, 1999)
88.80 (+0.08)(Sept. 30/98 = 100)…
Kennecott finds NWT pipe
Kennecott Canada Exploration has found a new kimberlite pipe on a block of ground contiguous with the southern boundary of the Ekati diamond mine in the Northwest Territories.The kimberlite, dubbed EG…
Juina produces diamonds
Juina Mining (GEMM-O) has started producing alluvial diamonds at its namesake operation in southwestern Brazil, with buyers already lined up for initial shipments.The company holds mining rights to 2,…
EASTERN MARKETS — Canadian exchanges propose major overhaul
Near the end of the March 10-16 report period, the four largest Canadian stock exchanges — Toronto, Montreal, Vancouver and Alberta — announced their intention to merge.Citing increased foreign comp…
Metallica cuts gold values in Chile
Junior Metallica Resources (MR-T) has intersected high-grade gold values at its 50%-held La Fortuna property in north-central Chile.La Fortuna is adjacent to the company’s wholly owned El Morro porphy…
Vengold reduces interest in Lihir — Sale enables company to shed US$11m in outstanding debt.
Shaky year-end results and a US$178.1-million debt load prodded Vengold (VEN-T) to cut its interest in the Lihir gold mine in Papua New Guinea.Vengold sold 5.9 million shares of Australian-based Niugi…