Glamis completes Rayrock merger
The Toronto staff of Rayrock Resources (RAY-T) are clearing out their desks and heading to Reno, Nev., now that the company has been acquired by Glamis Gold (GLG-T).Glamis issued 29.3 million shares a…
News
Production ends year with a whimper
Canadian production of primary and refined copper, primary nickel, gold, silver, primary lead, primary and refined zinc, and iron ore was down between December 1998 and December 1997.However, refined …
EDITORIAL & OPINION – PERSPECTIVES — The mine at the top of the world
For a remotely situated operation that was expected to produce for only 12 years, the Nanisivik zinc mine has demonstrated that staying power is possible even in the High Arctic.The mine, situated on …
Research centre finds home in Ontario’s north
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 …
LME WHSE LEVELS (March 08, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar. 2/99 (change from Feb. 23 in brackets):MetalStocks (tonnes)Change…
Newmont readies Trenton Canyon mine
Newmont Mining (NEM-N) will soon begin pulling gold from its Trenton Canyon open-pit project, southwest of Battle Mountain, Nev.Plans call for the ore to be placed directly on to heap-leach pads, uncr…
TSE INDICES (March 08, 1999)
1999Mar. 2Mar. 1Feb. 26Feb. 25Feb. 24HighLowCompo…
PEOPLE – Canadian Mining (March 08, 1999)
Ray Paquette appointed president, and Edward Skoda and William Berridge appointed directors.
NEWS ROUNDUP — Minto drills in Yukon
Drilling by Minto Explorations (MXO-V) will test newly generated targets outside known areas of mineralization at its polymetallic project 240 km northwest of Whitehorse, Y.T.The company and partner A…
Canyon considers suit against Montana — Prohibition on cyanide use deemed unconstitutional
Canyon Resources (CAU-X) is considering challenging a controversial new law in Montana that prohibits the use of cyanide in new mining projects.The fifth amendment of the U.S. constitution provides th…
Argentina Gold releases Amable results
Argentina Gold (ARP-V) has released diamond drill core assays from the Amable target, part of its Veladero project in northwestern Argentina.Results from the second diamond drill hole, DDA-2, show a c…
EDITORIAL & OPINION — Corruption at heart of global woes — A vicious circle
Imagine. By virtue of a few guns being waved around, you become the ruler of a dirt-poor Third World nation. Every day, you see children playing in garbage, people dying of AIDS and other diseases wit…