Companies (April 12, 1999)
Aber ResourcesAdrian ResourcesAlberta EnergyAnglogoldArch CoalAsarcoAshton Mining of CanadaAtna ResourcesAuric ResourcesBarrick GoldBlue Desert MiningBolidenBroken Hill ProprietaryCamecoCanabrava Diam…
News
COAL, URANIUM & OIL SANDS — Blue Desert options property
Blue Desert Mining (bde-a) can acquire from Kennecott Canada Exploration the Antimony Mountain gold property in the Yukon.The property consists of 255 claims covering 4,950 acres and is situated 65 km…
Cumberland boosts Meadowbank resource
Vancouver-based Cumberland Resources (CBD-T) has increased resources at its Meadowbank gold project, 70 km north of Baker Lake in the new territory of Nunavut.Resources stand at 8.8 million tonnes ave…
COAL, URANIUM & OIL SANDS — Coal production costs to come under scrutiny in 1999
Special to The Northern MinerNineteen ninety-nine is expected to be “the worst export year in a decade,” says a coal mining industry executive, and companies are going to be cutting, chopping and barg…
GOLD FUNDS (April 12, 1999)
Gold Funds as of April 1, 1999BGRCentralNet Value$13.445.70Price$9.30$5.8…
COAL, URANIUM & OIL SANDS — Poplar forms joint venture with Dia Met Minerals
North Star Diamonds, the 65%-owned subsidiary of Poplar Resources (PPX-V), has reached a preliminary agreement to option a 70% interest in its Swedish diamond project to Kelowna-based Dia Met Minerals…
COAL, URANIUM & OIL SANDS — Iamgold bouyed by profits
Increased production and lower costs from the Sadiola Hill gold mine in Mali have enabled Iamgold (IMG-T) to post higher revenue, income and cash flow in 1998 over the previous year.The company and pa…
Starcore Resources options PGE properties
Junior Starcore Resources (SOE-V) has optioned two properties — Mud Lake and Abiwin — in the Atikokan area of northwestern Ontario. The properties are about 100 km east of its Samuels Lake joint ven…
MINING MARKETS & INVESTMENT NEWS — Richmont to buy own stock
Montreal-based Richmont Mines (RIC-T) intends to repurchase shares for cancellation. The Toronto and Montreal Stock Exchanges have accepted the company’s normal course issuer bid, which began March 24…
McWatters suspends mining at Sigma
McWatters Mining (MCW-T) has suspended underground gold mining at its Sigma-Lamaque complex in Val d’Or, Que.The shutdown has resulted in 197 of the complex’s 250 employees being laid off for an antic…
TVI forges ahead at Rapu Rapu
Independent metallurgical tests are painting a brighter picture at the Rapu Rapu polymetallic project in the Philippines for TVI Pacific (TVI-T) and its joint-venture partners.Signet Engineering of Au…
NAME CHANGE (April 12, 1999)
Delgratia Mining (DGRTF-O) has changed its name to Central Minera (CENMF-O).