Corona, Harte sweet on Sugar
Drilling by Corona Gold (CRG-T) at the Sugar Zone gold deposit, 25 km north of White River, Ont., has substantiated a resource of 692,000 tonnes grading 6.9 grams gold per tonne.Corona, which is fundi…
News
GREATEST VALUE TRADED, April 14-20, 1999
ExchgVal($000s)HighLowCloseChangeInco LtdT359725…
TSE SHORTS (April 26, 1999)
Short positions outstanding at April 15, 1999Larger individual positions include:Abitibi-Consolidated 399,719, down 557,059; Alcan Aluminium 764,997, down 80,907; American Gem 849,827; Barrick Gold 5,…
DIAMOND PAGE — Diavik feasibility study delayed until mid-year
The final feasibility study for the proposed Diavik diamond mine project in the Lac de Gras area of the Northwest Territories will be not be completed until the federal minister of the environment has…
EDITORIAL & OPINION — NEW HORIZONS — Silver solder improved
Silver-tin alloys have established a superior record of performance for strong, ductile bonds that stand up to unlimited thermal and physical shocks, as well as for prohibiting the build-up of bacteri…
TSE INDICES (April 26, 1999)
1999Apr. 20Apr. 19Apr. 16Apr. 15Apr. 14HighLowCom…
Drilling begins at Doyle Lake
Five target areas in Blob Lake, at the Doyle Lake diamond project in the Northwest Territories, have been selected for drilling.Doyle Lake is a 60-40 joint venture between Gerle Gold (GGL-V) and Monop…
LATIN AMERICA — Yanacocha number-one gold producer in Latin America
The Yanacocha operation in northern Peru’s Andes Mountains held its status as the top gold producer in Latin America in 1998, turning out 1.34 million oz. with full production from a fourth mine and s…
LATIN AMERICA — Ecuador commissions airborne survey
The government of Ecuador and the World Bank are collaborating on an airborne magnetic survey over the portion of the Cordillera Occidental that occupies the country.Watts Griffis & McOuat and SIAL Ge…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Royal Oak Mines slides into receivership
The bell finally tolled for Royal Oak Mines, as the civil court in Ontario withdrew the company’s protection from creditors and placed the company’s assets in the hands of a receiver. The receiver wil…
DIAMOND PAGE — Kennecott finds dyke on DHK claims
Kennecott Canada Exploration has intersected 2.1 metres of a kimberlite dyke while drill-testing an anomaly that lies close to a known kimberlite pipe on the DHK claim block, at the southwestern end o…
LATIN AMERICA — Gammon secures Brenda
Dartmouth-based junior Gammon Lake Resources (GAML-C) has reached an agreement to earn the remaining interest in the Brenda gold project near the city of Ocampo, in Chihuahua state, Mexico.Gammon, whi…