Sulliden eyes Peruvian gold
Junior Sulliden Exploration (SUE-M) intends to explore a property 3 km south of the Pierina gold mine in Peru.The Montreal-based company can earn a half-interest in the Santo Toribio property from a P…
News
Pinnacle buys more Geometall
Moscow-based Western Pinnacle Mining (WPN-V) has tightened its grip on its key Russian subsidiary, Geometall.In October 1998, Western Pinnacle raised its stake in Geometall by to 58.8% from 45.6% by i…
PEOPLE — Eurasia Gold
Elmer Stewart appointed president and CEO, Colin Christensen appointed vp of corporate development, Harvey McKenzie appointed CFO and director, W. McLucas appointed chairman and director, and R. Crosb…
SUPPLIERS NEWS ROUNDUP — Haulage firm buys into Nunavut company
Transport firm Braden-Burry Expediting is set to buy a 35% interest in Nunavut-based Peter’s Expediting.Northwest Territories-based Braden-Burry will pay owner Stewart Holdings $87,500 for its interes…
Research project finds home
A $6.8-million research and development program at Laurentian University in Sudbury, Ont., will focus on developing mining and environmental monitoring technology.The Ontario government provided $2.2 …
SUPPLIERS NEWS ROUNDUP — Olympic Dam plants up and running
A new refinery and smelter are now on-stream at the Olympic Dam copper-uranium operation in Australia.Both plants were built by Kvaerner Metals for a total cost of $320 million as part of a larger, $2…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Golds pull down broad market
The Toronto Stock Exchange 300 index fell 137.59 points during the report period March 17-23, ending the week at 6,482.33, or 2.1% lower.Resource stocks offered little help, with the gold and precious…
LETTER TO THE EDITOR — Team-work leads to reliable resource models
Geostatistics has become a topic of hot debate. Graham Clow discussed the issues of qualitative judgment and quantitative estimation, Edward Isaaks argued for geostatistical training, and Ben Whiting …
LME WHSE LEVELS (March 29, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar. 23/99 (change from Mar. 16 in brackets):MetalStocks(tonnes)Change…
GOLD FUNDS (March 29, 1999)
Gold Funds as of March 18, 1999BGRCentralNet Value$13.995.82Price$9.90$5.
DIAMOND PAGE – NAME CHANGE (March 29, 1999)
Arimex Mining (AMX-V) has changed its name to International Arimex Resources (IEA-V) on a 1-new-for-4-old-share basis.
Robex to explore in Niger
Montreal-based Robex Resources (RBX-M) will explore for gold in northern Niger, West Africa.A deal inked with privately held GeoAfrica Gold enables Robex to gain up to an 38.3% interest in four proper…