Sunshine advances Pirquitas project
Sunshine Mining & Refining (SSC-N) has received a bankable feasibility study for the Pirquitas silver-tin project in northwestern Argentina.The study concludes that the operation is capable of produci…
News
Placer tables strong first-quarter earnings
By reducing costs and increasing production, Placer Dome (PDG-T) continues to perform strongly, as evidenced by results from the first quarter.The company earned US$25 million (or 10 cents per share) …
Aquest arranges financing
Junior Aquest Minerals (AQU-V) is seeking to raise $1.2 million through a non-brokered private placement of 2 million units priced at 60 cents per unit.A unit consists of one share plus a half-share p…
Wheaton River develops Bellavista
With a positive feasibility study in hand, Wheaton River Minerals (WRM-T) is seeking funds to develop its Bellavista open-pit heap-leach gold project in Costa Rica.Unnamed financial institutions have …
River hits bonanza grades
Underground drilling at the Eagle River gold mine, near Wawa, Ont., has returned spectacular results for River Gold Mines (RIV-T).Eleven holes drilled to test mineralization below the No. 6 zone inter…
Teck to raise gold-mining profile
Although Teck (TEK-T) has been a gold miner for 85 years, its diversification into copper, zinc, niobium and coal, has prompted recent concerns with analysts that the company is not realizing the full…
Companies (May 10, 1999)
America Mineral FieldsAnglo AmericanAquest MineralsArchon MineralsBarrick GoldBattle Mountain GoldBroken Hill ProprietaryCambiorDe Beers Consolidated MineDia Met MineralsEldorado GoldEuroZinc MiningGa…
MOST ACTIVE ISSUES, April 21-27
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MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Dow eyes 11,000 mark
The Dow Jones industrial average rose 383.16 points, or 3.7%, in the report period ended April 27 to finish at a new high of 10,831.71, closing in on the 11,000 mark.Mining issues were mixed as gold a…
LETTERS TO THE EDITOR — Corruption a slippery slope
I read your editorial “A vicious circle” (T.N.M., March 8-14/98) and must congratulate you on it.Your scenario, I fear, is right on the money in some of the poorer nations. As a caring company that se…
Noranda posts slim first-quarter earnings — Collahuasi, Raglan boost production of copper and nickel
With a major restructuring behind it and several large projects in the pipeline, Noranda (NOR-T) managed to withstand the effects of low metal prices and turn a slight profit in the first quarter.In t…
Valerie drilling at Estrella
Junior Valerie Gold Resources (VLG-V), one of the Lang Mining Group of companies, is exploring the formerly producing Estrella property in the western Mexican state of Nayarit, 140 km southeast of Maz…