Companies (February 01, 1999)
Aber ResourcesAmerica Mineral FieldsAnglo AmericanArgentina GoldArmistice ResourcesAzco MiningBarrick GoldBlackrock VenturesBlackstone ResourcesConsolidated Trilogy VenturesDe Beers Consolid…
News
Kinross amends offer
The terms of a previously announced merger between Kinross Gold (K-T) and La Teko Resources (LAO-T) have been amended.Under the revised terms, La Teko shareholders will receive one Kinross share in ex…
Sirios funds work at Aquilon
Following an infusion of cash, Sirios Resources (SOI-M) is gearing up for a 10-hole, 1,500-metre drilling program at its Aquilon gold property in the James Bay region of northern Quebec.In late Decemb…
Fort Knox adds to holdings
In another Newfoundland cash-and-shares deal, junior explorer Fort Knox Gold Resources (FNX-T) has taken an option on a gold exploration property 60 km north of Gander.The agreement gives Fort Knox th…
‘Shifting sands’ theme of CIM/MES symposium
Few industries are as cyclical as mining, or as fraught with technical, social and environmental challenges. To help mining professionals manage risks and meet changing expectations, the Canadian Inst…
MOST ACTIVE ISSUES (January 25, 1999)
ExchgVol(000s)HighLowCloseChangeBarrick GoldT8330…
Cross Lake reviews program
Cross Lake Minerals (CRN-V) has completed the final three holes of a 6-hole drilling campaign at its Sheraton-Timmins polymetallic property near Timmins, Ont.Though all three failed to intersect signi…
Troubles halt McClean Lake
The Atomic Energy Control Board’s decision to defer approval of a tailings management facility at the McClean Lake uranium project in northern Saskatchewan has caused project operator Cogema Resources…
Golden Knight, Repadre Capital tie knot
An agreement between Golden Knight Resources (GKR-T) and Repadre Capital (RPD-T) sets the stage for their consolidation.The proposed merger would see one share of Golden Knight exchanged for 0.125 of …
PRODUCER & DEALER PRICES (January 25, 1999)
Aluminium: LME settlements US$1,220, alloy US$1,021 per tonne (Jan. 19/99).Antimony: Representative mid-market US$1,170 per tonne (Jan. 19/99).Bismuth: Representative mid-market US$3.05 per lb. (Jan. …
DIAMOND PAGE — SouthernEra writes off alluvial operations
Toronto-based SouthernEra Resources (SUF-T) has ceased operations at the Lou and Cassanguidi alluvial diamond concessions in Angola’s Lunde Norte province.Both projects have been rendered marginal, ow…
Breakwater restarts El Toqui
Following an 18-month shutdown for modifications, Breakwater Resources (BWR-T) has resumed milling at its El Toqui mine in southern Chile.The Toronto-based company says modifications to the processing…