Royal Gold adds to Pipeline holdings
Adding to its interest at the Pipeline mining complex in central Nevada, Royal Gold (RGL-T) has purchased two small royalties for a total of US$8.1 million.The Denver-based company bought a sliding-sc…
News
Reserve boost at Langlois
Definition drilling by Cambior (CBJ-T) at its Langlois zinc-copper mine, near Lebel-sur-Quevillon in northwestern Quebec, has boosted both the tonnage and grade of reserves contained in zone 97.Proven…
Crew plans merger with Mindex, Botswana
Three companies — Crew Development (CRU-T), Botswana Diamondfields (BWD-V) and Norwegian-based Mindex — plan to establish an internationally listed, multi-commodity mining group.The merged entity wo…
Manhattan enhances gold discovery
Since beginning an aggressive drilling program just three months ago, Manhattan Minerals (MAN-T) has made some significant strides at its 75%-optioned Tambo Grande project in northwestern Peru.Manhatt…
EDITORIAL & OPINION — ODDS ‘N’ SODS — Tracing the Cargill phosphate
The Cargill phosphate deposit, about 14 miles southwest of Kapuskasing, Ont., is now headed for production. With about 62.5 million tonnes grading 19.5% P2O5, it will be the only phosphate mine in Can…
Anglogold, Iamgold explore in Ecuador
Anglogold (AU-N) has signed a joint-venture agreement with Iamgold (IMG-T) to explore for gold in southern Ecuador.The agreement covers a 300-by-100-km area in which Iamgold has applied for 110 conces…
EDITORIAL & OPINION — An industry in transition — Chasing the copper crown
Experts have been talking about mining industry consolidation for so long that the arrival of those aspiring to be king of their respective mountains seems almost anti-climactic. The pace of consolida…
NAME CHANGE (September 13, 1999)
Opact Resources (OPA-V) has changed its name to Blue Lightning Ventures (BLL-V) on a 1-new-for-3-old share basis.
LETTER TO THE EDITOR — Junk dealers
You referred to the US$427-million issue of Anaconda Nickel in 1997 as being the first junk bond issue in U.S. capital markets for a large-scale mining project (“Anglo American buys into Aussie nickel…
Geomaque posts mixed quarter
Despite higher gold output, Geomaque Explorations (GEO-T) chalked up a second-quarter loss.During the 3-month period ended June 30, the junior lost $596,000 (or 1 cents per share) on revenue of $5.44 …
Russian diamond miners head deep underground
Technology supplied by South Africa’s De Beers Consolidated Mines has enabled Russia to open its first underground diamond mine, in the Siberian region of Sakha.The technology will allow miners to pen…
Pentland tests Montclerg
An 8-hole drilling program on the Pipestone Lake fault, northeast of Timmins, has returned results that operator Pentland Firth Ventures (PFO-T) describes as “encouraging.”The drill program, mounted o…