Dyno Nobel meets ISO 9000 standard
The Sudbury, Ont., plant of Dyno Nobel has become the first explosives facility in North America to meet the ISO 9000 standard. The ISO 9000 quality control standards were developed by the Internation…
News
First-half mine openings, closings in near-balance
Among the trends that can be traced through this mining year is a significant rise in the number of gold operations reopened and base metal mines suspended (see Table 1) as of July 1. With 16 openings…
DIAMOND PAGE — Cross Lake joint venture has hopes pinned on
Drills are turning on the Cross Lake kimberlite target in the Northwest Territories, with at least five holes planned. Ashton Mining of Canada (TSE) is earning a 51% interest from Pure Gold Resources …
Republic finishes equity financing
A private placement of several hundred thousand units of Republic Goldfields (VSE) has been completed. The placement has gross proceeds of US$1.6 million, with each unit priced at US$2.25. A unit cons…
Cambridge looks at Europe and CIS
The end of the Cold War has ushered in a warmer, more hospitable investment climate for mining in Eastern Europe. Among the companies attracted to this new climate is Cambridge Mineral Consultants. Re…
Bishop plans percussion drilling
Percussion drilling is expected to begin shortly on Bishop Resources International Exploration’s (CDN) Guadalupe gold property in northwestern Mexico. The program will focus on the Bentley Hill zone w…
Aronos expected to make Mexican production decision
Following trenching, sampling and assaying at its Cumaral gold project in northwestern Mexico, Aronos Multinational (CDN) says it has outlined sufficient tonnage and grade to warrant production. Amena…
Kaleeda to develop copper-gold plays in northern Chile
Kaleeda Enterprises (ASE) has entered a 50-50 joint venture with mining consultants R.F. Fry & Associates (Pacific) to develop and operate three properties in northern Chile. Two of the projects are c…
STOCK MARKETS — Stagnation settles in over western markets
With the Christmas doldrums fast approaching, western markets finished little-changed over the period ended Nov. 30. Although weak oil prices helped push gold down to the US$370-per-oz. level, the yel…
Antares developing Zimbabwe gold play
Antares Mining and Exploration (TSE) has gained access to the Long John Eight orebody at the Lady Lina gold property in Zimbabwe. Underground development is planned to evaluate and upgrade, to reserve…
Richmont issues special warrants
Underwriters Sprott Securities and Levesque Beaubien Geoffrion will issue two million special warrants of Richmont Mines (TSE) to Canadian investors in December. Each warrant, priced at $4, will entit…
Joutel issues 9 million units
Joutel Resources (TSE) has sold nine million units at 45 cents through a group of underwriters led by Gordon Capital. The sale closed Nov. 25. Each unit consists of one subordinate voting share and on…