To fund development projects in the U.S., Battle Mountain Gold (BMG-N) will dispose of its interest in the Lihir gold mine in Papua New Guinea.The company holds an 8.65% interest in the mine’s owner, …
With gold production reaching a record high and cash costs falling to a record low, Placer Dome (PDG-T) bucked the industry trend and recorded a strong financial and operating performance for 1998.The…
While drilling continues, along with discussions with major mining companies, Argentina Gold (ARP-V) has released an updated resource estimate for two targets at its 60%-owned Veladero gold-silver pro…
African producer Ashanti Goldfields (AHD-T) will pay Nevsun Resources (NSU-T) US$1.8 million, in addition to a production royalty, for surface rights to the Kubi gold project in Ghana.Nevsun owns 100%…
Mindoro Resources (MIO-A) has extended a large epithermal gold system at the Tigris property on the Indonesian island of Sumatra.The gold system now measures more than 5.8 by 2.5 km, with multiple zon…
The Toronto Stock Exchange was higher over the report period Feb. 17-23, with the retail and manufacturing stocks leading the way. The TSE 300 composite index added 68.26 points, or 1.1%, to close at …
1999 — DateFeb. 23Feb. 22Feb. 19Feb. 18Feb. 17HighLow…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Feb.23/99 (change from Feb. 16 in brackets):MetalStocks(tonne)Change…
Robert Lockwood appointed president and director, Stefano Paoli appointed director, and Jerry Beaulac appointed secretary.
P.T. O’Kane appointed director.
David Baker, vice president of Newmont Gold, will speak at the joint luncheon of the Prospectors & Developers Association and the Canadian Institute of Mining, Metallurgy and Petroleum, to be held Mar…
Shareholders of La Teko Resources (LAO-T) have voted 99% in favour of a proposed merger with Kinross Gold (K-T).Stockholders will receive 0.4 of a Kinross share in return for each La Teko share.La Tek…
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