Soquem drills Clearwater
A 2,600-metre diamond drilling program is under way at Eastmain Resources’ (ER-T) Clearwater project in the James Bay region of Quebec.The program is designed to expand the Eau Claire gold deposit and…
News
Black Hawk advances Manantial Espejo to feasibility
A newly inked deal with two partners will help Black Hawk Mining (BHK-T) advance the Manantial Espejo project in southern Argentina to feasibility and, possibly, production.The agreement allows Silver…
Mazarin Mining posts first-quarter loss
Weak demand in Asia for asbestos has taken its toll on the bottom line of Mazarin Mining (MAZ-T).For the first quarter ended June 30, the company recorded a net loss of $1.1 million (or 3 cents per sh…
Careers (September 14, 1998)
Our parent company, IMC Global, is one of the world’s leading producers and manufacturers of agricultural products and services. IMC Kalium, a business unit of IMC Global, is one of the world’s larges…
Cambior plans big things for Doyon
Roller coasters head up, as well as down, and for the Doyon mine, a short distance east of Rouyn-Noranda, the ride seems to be heading up again.Doyon, which has suffered from high costs over the past …
High River cuts costs, boosts production
A $3.7-million charge related to the sale of properties in Nicaragua pushed High River Gold Mines (HRG-T) out of the black and into the red for the quarter ended June 30.The Toronto-based company repo…
Meridian expands discovery
Stepout drilling at the El Penon gold-silver project in northern Chile has more than doubled the strike length of the Quebrada Colorado gold-silver zone.Owner Meridian Gold (MNG-T) recently received r…
Rio clarifies deal with Anatolia
I wish to clarify your description of the terms of our agreement with Anatolia Minerals Development, as described in a recent issue (“Rio Algom teams with Anatolia in Turkey,” T.N.M., Sept. 7-13/98).I…
EDITORIAL & OPINION — ODDS ‘N’ SODS — Win some, lose some
In 1919, I left my job as an Ontario mines inspector to work for the Longyear Company in Minneapolis, Minn., on its shaft contracts.My family came from Ontario with me, but, because I was often on the…
MINING MARKETS & INVESTMENT NEWS — Correction
Sulliden Exploration (SUE-M) manages its own exploration programs at its Las Huaquillas polymetallic property and no longer employs independent firm Kilborn Engineering Pacific. As well, hole 97-4 ret…
MINING MARKETS & INVESTMENT NEWS — Porcher Island seeks consolidation
At the annual meeting of Porcher Island Gold (PIG-V), shareholders approved a change in the name of the company to Tetra Metals.The meeting was adjourned for one month until Sept. 30 to allow register…
Banro seeks $1 billion for seized land — Suit aims to protect shareholders’ interests
In the midst of an insurgency aimed at ousting President Laurent Kabila of the Democratic Republic of Congo, Banro Resources (BNRS-C) has launched a $1-billion lawsuit against the government following…