Newmont picks up prospect
Newmont Mining (NEM-N) will explore the Jamgyr gold property in north-central Kyrgyzstan with Apex Silver Mines (SIL-X).Apex, through its subsidiary Apex Asia, controls a 79% interest in Kumushtak, th…
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MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Western markets slide along with bigger brothers
The merging of the Vancouver and Alberta Stock Exchanges into the Canadian Venture Exchange (CDNX) is set for Nov. 29 and will include nearly 2,500 listings from the ASE and VSE. Listings from the Mon…
Asarco poised to accept Grupo Mexico offer
Asarco (AR-N) has notified Phelps Dodge (PD-N) that it intends to break their merger agreement and accept Grupo Mexico’s new offer for US$29.75 per share.The story may not be over, however, as Asarco …
PEOPLE — Megastar
Thomas Skimming appointed director.
PEOPLE — Maude Lake
Donald Murphy appointed director.
PEOPLE — Major General (October 25, 1999)
W.J. Coulter appointed president.
SPC drills Los Chancas copper discovery in Peru
Based on results from exploration drilling, Southern Peru Copper (PCU-N) will carry out definition drilling at its newly discovered Los Chancas copper discovery in southern Peru.The deposit is 400 km …
PEOPLE — Jordex
W.W. Staudt appointed president & co-CEO.
PEOPLE — IMA
Lindsay Bottomer appointed vp exploration.
PEOPLE — Highwood
James Roxburgh appointed chairman, CEO and director; W.D. Vardill appointed director; P.M. Madaleno appointed director.
PEOPLE — Golden Star (October 25, 1999)
Peter Bradford appointed president and CEO.
First Dynasty expands Armenian output
A threefold increase in production is in store for the Armenian gold projects of First Dynasty Mines (FDM-T).The junior miner and its joint-venture partner, state-owned Armgold JSC, have decided to ex…