Aur slips into red in third quarter
Lower operating costs at the jointly owned Louvicourt and Andacollo mines were not sufficient to keep operator Aur Resources (AUR-T) out of the red during the third quarter.The company reported losses…
News
Partners drill for Ghanaian gold
Partners Battle Mountain Gold (BMC-T) and Birim Goldfields (BGI-T) have begun reverse-circulation drilling at their Dunkwa gold property in Ghana.Battle Mountain, which is managing the project on beha…
MINING MARKETS & INVESTMENT NEWS — NEWS ROUNDUP — Rayrock beefs up board
Not long after appointing James Askew president, Rayrock Resources (RAY-T) beefed up its board by adding three directors with backgrounds in international exploration, mining and finance.Michael Marti…
TVI takes on partner
TVI Pacific (TVI-T) has signed up a partner to help explore its Rapu Rapu and Buenavista gold properties on the Philippine island of Luzon.A private Philippine company can a earn a 75% interest in eac…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Gold sub-index gains despite metal’s retreat
The Oct. 21-27 report period saw a cooling-off in the autumn rally in gold and gold stocks, with the yellow metal sliding back $3.15 to US$293.75 per oz. on the London morning fix of Oct. 28. Nonethel…
Wheaton River keeps head above water
Junior producer Wheaton River Minerals (WRM-T) remains in the black, thanks to higher output and lower costs at its seasonal Golden Bear mine in northern British Columbia.For the nine months ended Sep…
THE NORTHERN MINER — SMALL PRODUCERS INDEX (October 26, 1998)
96.63 (-1.20)(Sept 30/98 = 100)…
Ken Snyder mine nears completion
In the early 1990s, geologist Ken Snyder stood on a windswept hilltop near this old mining town and told Pierre Lassonde and Seymour Schulich, founders of royalty sisters Franco-Nevada Mining (FN-T) a…
THE NORTHERN MINER — NORTH AMERICAN MINING INDEX (October 26, 1998)
107.13 (+2.14)(Sept 30/98 = 100)…
Careers (October 26, 1998)
Lovat Inc. is the Canadian-based world leader in the custom design and manufacture of Tunnel Boring Machines utilized in the construction of tunnels for the transportation, sewer and water main, minin…
Index (October 26, 1998)
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DIAMONDS — Ekati mine new jewel in Canada’s crown
A Canadian mine opening that attracts two cabinet ministers, a raft of federal and territorial politicians, aboriginal leaders, top mining executives from Down Under, a planeload of reporters, and a c…