Companies (October 04, 1999)
Aber ResourcesAltoro GoldAnglo AmericanAnglogoldArchon MineralsAsarcoAscot ResourcesAshanti GoldfieldsAvalon VenturesBand-Ore ResourcesBarrick GoldBattle Mountain GoldBirim GoldfieldsBrok…
News
Third-party bid foils Asarco-Cyprus merger — Grupo Mexico offers to buy up Asarco shares
The bid by Asarco (AR-N) and Cyprus Amax Minerals (CYM-N) to create the world’s largest publicly traded copper company is being challenged not only by Phelps Dodge (PD-N), in the form of a high…
Kinross, United Tex-Sol hit high grade in Timmins (October 04, 1999)
Operator Kinross Gold (K-T) and partner United Tex-Sol Mines (UTX-A) have intersected high-grade gold mineralization at the Clavos project in Timmins, Ont.In addition to intersecting 94.6 grams gold p…
NEWS ROUNDUP — Nevada Pacific works Carlin
Drilling by Nevada Pacific Gold (NPG-V) at its South Carlin property in Nevada has confirmed the presence of a large hydrothermal system.Partial assays from the 3-hole, 6,480-ft. program show elevated…
NEWS ROUNDUP — Hungry Hill deal nixed
The Hungry Hill option agreement between equal partners Celtic Minerals (CME-A), Jilbey Explorartion (JLB-M) and Rio Algom (ROM-T) has been terminated. The agreement covered 292 claims totallin…
Campbell digs down: new shaft to reach deeper mineralization
Northern Ontario is well-known for its lode gold mines, but few can claim as illustrious a career as Campbell of Placer Dome (PDG-T).Developed in the 1940s, at the height of the Red Lake staking rush,…
Flotation tests bump Big Whopper recoveries
Bench-scale mineral dressing tests on 100-kg samples from the Separation Rapids pegmatite deposit in northwestern Ontario indicate lithium recoveries and grades that are comparable to the high-quality…
NEWS ROUNDUP — Rio Tinto drills Aguila
London-based Rio Tinto (RTP-N) has completed four holes totalling 1,242 metres on MacMillan Gold’s (MMG-T) Aguila Pit concession in north-central Peru. The program was designed to test an area where p…
Gold rockets past US$300 mark — European banks, IMF set long-term policies
To the delight of gold miners and their shareholders worldwide, gold prices broke the US$300-per-oz. barrier in the last week of September as both the European Central Bank and the International Monet…
PEOPLE — Buddha Res. (October 04, 1999)
Sean Tan appointed president and director; Shallendra Singh and Corrine Claridge appointed directors.
Meetings (October 04, 1999)
Oct 4 Raider Oct 5 American Gem Oct 5 Rex Diamond Oct 5 Sunstate Oct 5 Timpete Oct 6 Banks Ventures Oct 6 Clearview Oct 6 Tapestry Oct 7 Mighty Beaut Oct 7 United States Expl. Oct 8 Big Valley Oct 12 …
SUPPLIERS NEWS ROUNDUP — Boyles opens South American office
Drilling supplier JKS Boyles has opened a distribution office in Chile in order to reduce Canadian shipments to contractors working in the region.The office also will supply firms working in Peru, Arg…