Abacus expands La Manchuria project
Abacus Minerals (AMC-V) has tabled encouraging reverse-circulation drill results from its La Manchuria gold-silver project in southern Argentina.Drilling has delineated a 450-metre-long system contain…
News
Cost-cutting Inco stays the course
Though encouraged by the recent buoyancy of nickel prices, Inco (N-T) remains determined to lower production costs as it strives to return to profitability.For the first quarter of 1999, Inco posted a…
OSC brings charges against Felderhof
Two years after Bre-X Minerals’ Busang gold deposit in Indonesia was revealed to be a fraud, securities regulators are laying charges against the company’s former vice-chairman, while police have ceas…
Meetings (May 17, 1999)
May 17, Copper Creek May 17, Highridge May 17, Hillsborough May 17, Int’l Savannah May 17, Pheasantback May 17, Tribute May 17, Viceroy May 18, Best Pacific May 18, Campbell May 18, Carmanah May 18, L…
Careers (May 17, 1999)
Regional Exploration ManagerHudson Bay Exploration and Development Company Limited, the wholley owned exploration subsidiary of Hudson Bay Mining and Smelting Co., Limited is seeking a Regional Explor…
SouthernEra finds kimberlite at Munn Lake — Drill-testing uncovers narrow kimberlite body
Toronto-based SouthernEra Resources (SUF-T) may have found the source of diamond-bearing kimberlite float boulders at the Back Lake project in the Northwest Territories.The company discovered a kimber…
Camnor cuts anomalous gold in Alaska
Drilling by Camnor Resources (CMB-V) at the Discovery Gulch property in east-central Alaska has returned anomalous gold values.The 3,000-acre property is at the headwaters of Switch Creek. Camnor stan…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Dow cracks 11,000, recedes
The Dow Jones industrial average broke through the 11,000 level one month after surpassing 10,000, but could not hold its position. It ended the April 26-May 4 report period up 54.4 points, or 0.5%, a…
EDITORIAL & OPINION — COMMENTARY — Canada’s mining metropolis
People who live and work in mining communities across Canada are acutely aware of the impact mining has on their daily lives. They know that mining brings new citizens, knowledge and prosperity to the…
EuroZinc cuts good grades at Aljustrel
Drill results from the Feitais deposit on the formerly producing Aljustrel property in southern Portugal bode well for EuroZinc Mining (EZM-V).The newly formed company — an amalgamation of two Vancou…
River hits bonanza grades
Underground drilling at the Eagle River gold mine, near Wawa, Ont., has returned spectacular results for River Gold Mines (RIV-T).Eleven holes drilled to test mineralization below the No. 6 zone inter…
Sunshine advances Pirquitas project
Sunshine Mining & Refining (SSC-N) has received a bankable feasibility study for the Pirquitas silver-tin project in northwestern Argentina.The study concludes that the operation is capable of produci…