PEOPLE — AMERICAN MINERALS
Charles Pitcher appointed president and CEO.
News
NEWS IN BRIEF (March 09, 1998)
Pure Gold Resources (PUG-T) has changed its name to Pure Gold Minerals (PUG-T) on a 1-new-for-5-old-share basis.
EXPLORATION 1998 — SouthernEra revs-up plant at Klipspringer in South Africa
Potgeitersrus, South Africa — Three years of exploration at the Klipspringer project have turned what started as a single showing into a significant diamond producer.Operator SouthernEra Resources (S…
EXPLORATION 1998 — Trans Hex pins hopes on diamonds
Alexander Bay, South Africa — Although it produces from several operations, Trans Hex Group remains focused on alluvial diamond production at its Orange River property near here.Situated 50 km upstre…
EXPLORATION 1998 — Battle over a Barren — Regal Goldfields to take dispute over protected site to court
Arguing that the government of Nova Scotia did not have the authority to revoke its right to access and explore a tract of ground in western Cape Breton, Regal Goldfields (REGL-C) has applied to the p…
EXPLORATION 1998 — Rubicon seeks growth through exploration — Junior focuses mine-finding efforts on Canadian projects, including nickel prospect in High Arctic
Hoping to capitalize on its home-field advantage, newly listed Rubicon Minerals (RMX-V) is preparing to explore gold and base metal projects in some of Canada’s foremost mining camps.Launched late las…
EXPLORATION 1998 — Mindoro takes aim at gold-copper targets in Myanmar — Junior advances Kyaukkyi and Thida exploration properties
Historically, mineral production in Myanmar (formerly Burma) derived from small-scale gold and gemstone operations, both primary and alluvial. But several Canadian companies are now scanning the count…
Jwaneng cornerstone of Botswana’s future — Operation will soon be De Beers’ most technically advanced mine
Jwaneng, Botswana — Pula, the Setswana word for rain, carries a heavy load of connotations in this arid country. It means prosperity, good fortune, and even prudence.Pula has a record of coming down …
PEOPLE — GLIMMER RESOURCES
John Lill appointed director.
PEOPLE — AGNICO-EAGLE
Sean Boyd appointed president and CEO.
DIAMOND PAGE — Drilling heats up in Territorial diamond play — Juniors advance exploration projects while Diavik moves to permitting stage
Several diamond exploration programs are in full swing in the Northwest Territories.Monopros, the Canadian subsidiary of De Beers Consolidated Mines (DBRS-Q), has launched a drill program on the AK cl…
GOLD FUNDS (March 09, 1998)
Gold Funds as of February 26, 1998BGRCentralNet Value$15.27$6.15Price$11.70…