PEOPLE — Mongolia Gold
D.R. Webb, R.G. Sylvestre, Alan Tambosso and George Malby appointed directors.
News
PEOPLE — Sterlingmarc Mining
Stuart Rogers, Thomas Wharton and Reginald Labonte appointed directors.
DIAMOND PAGE — Rio looks to French Guiana for diamonds
London-based Rio Tinto (RTP-N) has entered into an agreement with Guyanor Ressources (GRL.B-T) to explore for diamonds in central French Guiana.The major can earn up to a 70% interest in the Dachine d…
Weak markets hamper Lenora
Weak gold markets have left Greater Lenora Resources (GEN-T) unable to fund this year’s plans for the Goldfields project in northern Saskatchewan.Early this year, Lenora reported that full-scale devel…
NEWS ROUNDUP — Weak gold puts kibosh on project
Citing falling gold prices, Quebec-based Noveder (NED-M) has decided not to proceed with the Rambler and Ming West tailings project near Baie Verte, Nfld.Ming Minerals, 70% of which is owned by Easter…
NEWS ROUNDUP — Scossa to undergo reconnaisance
Partners Romios Gold Resources (RGRI-C) and BWI Resources (BWE-V) have begun exploring the Scossa gold property in north-central Nevada.The program will include mapping of the geology and all historic…
Companies (June 21, 1999)
Aber ResourcesAfcan MiningAltavista MinesAnglogoldAquest MineralsArchon MineralsArmistice ResourcesAtna ResourcesBattle Mountain GoldBema GoldBirim GoldfieldsBolivar GoldfieldsBroken Hill ProprietaryB…
Greenstone tunes up Cerro Mojon gold mine
The Cerro Mojon gold mine in Nicaragua is operating better than planned, reports Greenstone Resources (GRE-T).In the first five months of the year, the open-pit, heap-leach operation cranked out 29,96…
DIAMOND PAGE — Navigator disappointed
A drilling effort on the South Contwoyto Lake diamond property in the Northwest Territories came up empty for Navigator Exploration (NVR-A).The junior tested five high-priority targets with 550 metres…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Analysts view EuroZinc as small-cap zinc producer
Base metals have long been the workhorses of the mining industry, with lower profit margins and less glamour than gold. But since the yellow metal began its downward tumble, analysts have shown renewe…
GOLD FUNDS (June 21, 1999)
Gold Funds as of June 10, 1999BGRCentralNet Value$12.865.32Price$8.75$5.3…
TSE INDICES (June 21, 1999)
1999Jun. 15Jun. 14Jun. 11Jun. 10Jun. 9HighLowComp…