TSE SHORTS (March 29, 1999)
Short positions outstanding at March 15, 1999Larger individual positions include:Abaddon Resources 120,000, up 120,000; Abitibi Consolidated 493,000, down 170,811; Alcan Aluminium 630,336; Barrick Gol…
News
EDITORIAL & OPINION — NEW HORIZONS — Social duties the next challenge
The village women arrived early. They climbed on to the drill rig and detached the water line, forcing the driller to stop the machine. They then moved down to the geologists’ office and presented him…
Tarkwa wipes US$75m debt
Gold Fields (GDFDY-O) and Golden Knight Resources (GKR-T) have eliminated US$75 million in debt related to the construction of the Tarkwa gold mine in southwestern Ghana.The South African major, which…
Contest set for Fernie
The town of Fernie, B.C., will play host to the North West Regional Mine Rescue Competition, to be held Sept. 10 and 11.The competition, the fourth to be hosted in the city, will include first aid, re…
OSC levels insider trading charge against Harper
The Ontario Securities Commission has laid Securities Act charges against the president of Golden Rule Resources (GNU-T), Glen Harper, accusing him of trading on undisclosed inside information.The cha…
Francisco expands at El Sauzal property — New study suggests lower capital, operating costs
Francisco Gold (FGX-V) has pulled encouraging values from diamond drilling at its El Sauzal project in Mexico’s Chihuahua state.The junior recently drilled five stepout holes along the southwestern fl…
PEOPLE — Thunder Sword
Stephen Mellows appointed director.
PEOPLE — Latitude Minerals (March 29, 1999)
Robert Kolt appointed director.
PEOPLE — ITL Capital
Robert Paul appointed director, James Pettit appointed secretary.
Social problems in developing countries pose challenge — Canadian companies learning that it pays to be a friendly neighbour
Although Canadian mining companies have made considerable progress improving their environmental record, few of them paid much attention to their social record — particularly in developing nations –…
LETTER TO THE EDITOR — Devco mines deserve support
Patrick Whiteway’s letter about Devco (“Devco deposits not exactly mines,” T.N.M., Feb. 15-21/99) prompts me to add several comments of my own.I beg to differ with his somewhat tongue-in-cheek stateme…
General Minerals cuts mineralization
General Minerals (GNM-T) has encountered significant mineralization while drilling at the Escalones copper-gold project, 100 km southeast of Santiago in central Chile.The company hit 125.9 metres grad…