NEWS ROUNDUP — Major General, Cameco hit gold
One hot hole does not a mine make. Nonetheless, partners Major General Resources (MGJ-V) and Cameco (CCO-T) are justifiably encouraged by the results of recent drilling at the Despinassy property, 70 …
News
Earth sciences child’s play at ROM exhibition — Geology, palaeobiology no longer domain of stuffy old academics
At the new Dynamic Earth exhibition at the Royal Ontario Museum in downtown Toronto, kids rule.Gone are the dry, academic presentations of the earth’s geologic evolution and carefully ordered and boxe…
PEOPLE — Admiral Bay
Thomas Kennedy appointed president and director.
PEOPLE — Pacific Bay
Guilford Brett appointed president; William Bird appointed vp of exploration.
PEOPLE — Sand River
George Cavey appointed president and CEO.
Trans Hex pursues alluvial gems
Trans Hex International (THI-T) continues to explore for alluvial diamonds in Brazil, Namibia and Zimbabwe.In eastern Brazil’s Minas Gerais state, along the banks of the Rio Grande River, the company …
DIAMOND PAGE — Pickle Crow gold mine to get another chance
The past-producing Pickle Crow gold mine is being revived as a possible producer yet again.Wolfden Resources (WOLF-C) recently agreed to acquire 100% of the project from Pickle Crow Resources (PKL-A),…
TSE SHORTS (May 31, 1999)
Short positions outstanding at May 15, 1999Larger individual positions include:Abitibi-Consolidated 905,356, down 432,921; American Gem 13,729,005, down 1,594,774; Asia Pacific Resources 6,200, down 3…
SPOT PRICES, Wed. May 26, 1999
Precious MetalsPrice (US)ChangeGold$271.70-$1.15Silver$ 5.05-$0.24…
THE NORTHERN MINER — North American Mining Index (May 31, 1999)
90.45 (-6.05)
INVESTMENT COMMENTARY — Stillwater’s long-term prospects rosy: analyst
With palladium continuing to outperform many other commodities and showing positive supply-demand fundamentals, Stillwater Mining (SWC-X) is well-positioned for growth, says Wendell Zerb of Pacific In…
PEOPLE — Asarco
Francis McAllister appointed chairman and CEO; Kevin Morano appointed president, COO and director; William Dowd appointed vp finance and CFO; Richard Osborne, Michael Nelligan, Manuel Pacheco and Jame…