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…
News
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…
Manhattan funds work at Tambo Grande
Having completed a first phase of exploration at the Tambo Grande polymetallic project in northern Peru, Manhattan Minerals (MAN-T) is gearing up for a second round of drilling.The company has entered…
Viceroy takes over Illinois Creek gold mine
In addition to taking over management of the Illinois Creek gold mine in west-central Alaska, Viceroy Resources (VOY-T) is considering expanding its business to include reclamation services.Under an a…
More pipes found at Ekati claim block
A summer drilling program has resulted in the discovery of nine new kimberlite pipes on the Ekati claim block in the Lac de Gras area of the Northwest Territories, raising to 121 the number of kimberl…
Tiberon tests Ruby property
Calgary-based Tiberon Minerals (TBR-A) has intersected silver mineralization on its Ruby property in the southern Yukon.The 4-hole program tested the downdip extensions of high-grade silver mineraliza…
NEW HORIZONS — Silver replaces antibiotics
A combination of a new silver chloride solution with anti-microbial characteristics and inert metals is being used in the manufacture of catheters, internal feeding tubes, dental prostheses, sutures a…
Pacific Rim advances San Francisco project — Also acquiring Peruvian gold project
Junior Pacific Rim Mining (PFG-T) is encouraged by results from first-phase drilling at its wholly owned San Francisco project in northwestern Argentina.Two of the holes, Nos. 12 and 13, were designed…
Birim finds suitable suitor
Sidestepping a takeover bid by Golden Star Resources (GSC-T), junior Birim Goldfields (BGI-T) has signed a deal with Ghana-based Ashanti Goldfields (ASL-N) concerning Birim’s Mampon deposit, pa…