Pamour gold mine to remain open – for now
The union at the Ontario division of insolvent Royal Oak Mines has staved off a move by the company’s receiver to close the Pamour and Nighthawk operations, near Timmins, Ont.Receiver Price Waterhouse…
News
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Gold demand on the rise
Gold demand continued to increase in the second quarter of 1999, according to a report from the World Gold Council.Total demand in 27 markets was 809.5 tonnes, up 16% over the second three months of 1…
EDITORIAL & OPINION — Anderson’s folly — ESA nightmare
Since taking the post as Canada’s environment minister following a recent cabinet shuffle, David Anderson has wasted no time launching a proposal that would make it a criminal offence to destroy endan…
PEOPLE — Cypango
William Dynes appointed president; Feisal Somji appointed director.
Ashanti posts strong second quarter
Low operating costs triumphed over weak gold prices for Ashanti Goldfields (ASL-N), propelling the company to a profitable second quarter.The Ghana-based producer earned US$16.4 million (or 15 cents p…
Rubicon tables results from Palmer drilling
Rubicon Minerals (RMX-V) has released more encouraging drill results from the newly discovered RW sulphide zone on the Palmer property, near Haines, Alaska.Hole 11 returned an average grade of 4.9% zi…
Rio Narcea drills record hole
Drilling by Rio Narcea Gold Mines (RNG-T) at its El Valle mine in northern Spain has uncovered what appears to be a shallow, high-grade zone of mineralization. The 10-hole program is testing a previou…
LETTERS TO THE EDITOR — BC amendment fails prospector
Last year, British Columbia’s Ministry of Energy and Mines, under Dan Miller, enacted two pieces of legislation purported to encourage mining activity in the province and facilitate the process for ob…
PEOPLE — Battle Mountain (September 06, 1999)
Karl Elers appointed CEO; John Keyes appointed president and COO.
PEOPLE — Altoro
Steve Swatton appointed director.
PEOPLE — Aber
Wanda Costuros appointed CFO.
Hollinger history
Your story on Great Basin Gold’s Ivanhoe area play in the Investment Commentary of Aug. 30 overlooked two interesting historical points about the Hollinger mine.The operators put sulphide ore on the l…