Companies (April 26, 1999)
Aber ResourcesAlta GoldAnglo AmericanAnglogoldArchon MineralsArgentina GoldBarrick GoldBolivar GoldfieldsCamecoCamnor ResourcesCamphor VenturesCancor MinesChampion ResourcesChandeleur Bay…
News
Strike ends at Con
Unionized mine workers at the Con gold mine in Yellowknife, N.W.T., have voted to accept a new collective agreement with owner Miramar Mining (MAE-T), ending a strike that started almost a year ago.De…
NEWS ROUNDUP — McWatters sells Dayton stake
Val d’Or, Que.-based McWatters Mining (MCW-T) has sold its 6 million shares of Dayton Mining (DAY-T), representing a 2.4% interest in that company.McWatters acquired the shares through its merger with…
LATIN AMERICA — Greystar, Conquistador explore in Colombia
Drilling at the Angostura gold-silver project in northeastern Colombia has returned impressive results for Greystar Resources (GSL-T).The Vancouver-based company drilled three infill holes from the sa…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — VSE revives as juniors gain ground
The Vancouver Stock Exchange composite index closed at 435.48, up 5.63 points, or 1.3%, for the week ended April 20. The mining index climbed 9.77 points, or 3.23%, and closed at 312.51.Meanwhile, the…
NEWS ROUNDUP — Dumont Nickel prepares to drill
Toronto-based junior Dumont Nickel (DNI-M) and privately held International Kirkland Minerals have started a 1,000-metre, 6-hole drilling program on their Foreurs property, 1 km south of Nuinsco Resou…
MINING MARKET & INVESTMENT NEWS — Inter-Rock posts 1998 loss
Inter-Rock Minerals (IRO-T) has followed in the footsteps of many of its peers by posting a loss for 1998.The loss totalled US$1.42 million (or 9 cents per share), compared with a loss of US$1.79 (11 …
Anmercosa drills gold
Anmercosa Explorations, a subsidiary of Anglo American (ANGLY-Q), has drilled several shallow gold intersections at the Razorback licence in the Lupa goldfields region of southwestern Tanzania.Rotary …
Platexco upgrades resources at Winnaarshoek
As part of an ongoing prefeasibility study, Platexco (PTX-T) has upgraded the resources contained in the Merensky and UG-2 reefs at its Winnaarshoek platinum group metals (PGM) property on the eastern…
METAL PRICES (April 19, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateApril 13April 12April 9April…
William Resources eyes Russian gold
William Resources (WIM-T) has acquired from subsidiary Rux Resources (RUXR-C) a small royalty in the Shkolnoye gold project in eastern Russia.In lieu of a debt, the company received 1.5% of Rux’s 10% …
Alta Gold slashes costs
Despite startup problems, Alta Gold (ALTA-Q) has reduced cash costs at the newly opened Olinghouse gold mine, 30 miles east of Reno, Nev.During its first three months of operation, the mine incurred c…