Royal Oak’s Kemess on track to reach targets
The newly opened Kemess gold-copper mine in north-central British Columbia is well on its way to meeting production targets, reports owner Royal Oak Mines (RYO-T).As a result of meeting assay specific…
News
Glamis, Mar-West plan to tie knot — Merger would accelerate development of San Martin deposit
A proposed merger agreement would see Glamis Gold (GLG-T) acquire all the issued and outstanding shares of Mar-West Resources (MSR-V).Under the proposed arrangement, each Mar-West shareholder would be…
EDITORIAL — Get Voisey’s Bay talks back on track — Dj vu
Soon after being elected premier in 1972, Dave Barrett haughtily told mining companies that he wanted a copper smelter built in British Columbia to process resources so that greater benefits could flo…
Ukrainian mine blast kills 24
A methane blast at a coal mine in eastern Ukraine has killed 24 miners, seriously injuring four others.Rescue workers have recovered 20 bodies since the Aug. 16 explosion at the 19th Communist Party C…
Construction around corner for Cheviot coal mine
Construction of the Cheviot coal mine in Alberta is set to begin.Licences issued by the federal government and a provincial environmental review panel specify that the mine’s owner, Cardinal River Coa…
Aur spills the beans: it bought shares in Inmet
Responding to speculation by market-watchers, Aur Resources (AUR-T) has confirmed that it has bought a large holding in Inmet Mining (IMN-T).Careful readers of Aur’s quarterly financial statements had…
SUPPLIERS NEWS ROUNDUP — Dynatec inks Mexican deal
Dynatec will let a Mexican mining company use its zinc leach recovery technique.Industrial Minera Mexico, which operates zinc mines throughout the country, is the latest firm in Latin America to sign …
NEWS ROUNDUP — Indochina reports discovery
Vancouver-based Indochina Goldfields (ING-T) has discovered polymetallic mineralization at its Sekatak project in northeastern Kalimantan, Indonesia.The “potentially significant” discovery consists of…
Companies (August 24, 1998)
Aber ResAmblin ResourcesAnglogoldAquiline ResArgosy MiningArizuma SilverArmada GoldAtlas MiningAur ResourcesAurcanaAuspex MineralsB.Y.G. Natrl ResBarrick GoldBattle Mtn GldBolidenCaledonia MgCambiorC…
Omai lawsuit dismissed
A class action suit brought against Cambior (CBJ-T) over the failure of the tailings dam at its Omai gold mine has been dismissed by the Superior Court of Quebec.The suit, brought by the advocacy grou…
SUPPLIERS NEWS ROUNDUP — SGI, Mitsubishi form partnership
SGI International and Mitsubishi have signed an agreement to develop a joint-venture company specializing in the conversion of low-grade coal to oil and gas.The deal hinges on the further development …
Battle Mountain battles low gold prices
Despite considerable progress in cutting production costs, Battle Mountain Gold (BMG-N) posted a net loss of US$11.1 million (or 5 cents per share) for the quarter ended June 30.The loss, which includ…