Teck to go underground at Pogo
At the Pogo gold project in east-central Alaska, Teck (TEK-T) has completed a $5.5-million program of surface exploration consisting of 91,000 ft. of definition and stepout drilling in 97 core holes.T…
News
EDITORIAL & OPINION — Easier to destroy than to build — Tuning out
Politics has always been a blood sport, but it has been painful in this year of global economic crisis to watch some American politicians focus on little else than their obsession to remove President …
San Gold drills Bissett project
Winnipeg Stock Exchange-listed San Gold Resources (SGR-W) is encouraged by results from an ongoing drill program at its Bissett area gold project in northern Manitoba.Results from recent drilling incl…
Production up at San Francisco
Geomaque Explorations (GEO-T) has boosted production by one-third at its San Francisco gold mine in Mexico’s Sonora state.During the three months ended Sept. 30, the mine churned out 17,150 oz. gold, …
Aur slips into red in third quarter
Lower operating costs at the jointly owned Louvicourt and Andacollo mines were not sufficient to keep operator Aur Resources (AUR-T) out of the red during the third quarter.The company reported losses…
MINING MARKETS & INVESTMENT NEWS — NEWS ROUNDUP — Oro Nevada takeover fizzles
Vancouver-based American Copper (ACC-V) is mulling its options after intended takeover target Oro Nevada Resources (ONV-A) announced plans to sell the Dean Ranch gold property in Nevada’s Crescent Val…
Partners drill for Ghanaian gold
Partners Battle Mountain Gold (BMC-T) and Birim Goldfields (BGI-T) have begun reverse-circulation drilling at their Dunkwa gold property in Ghana.Battle Mountain, which is managing the project on beha…
LETTER TO THE EDITOR — Geostatistics a complex issue
As an exploration and mining geologist, I am very uneasy with the image projected by the editorial “Challenging geostatistics” and the feature “Recent history reveals trends in mine failures,” which t…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Producers focus on cost-cutting in absence of gold rally
A year ago, mining companies talked mostly about their expanding reserves and resources. At the recent Mining Investment Forum in Denver, gold producers were grilled by mining analysts and fund manage…
Companies (October 26, 1998)
Aber ResourcesAlta GoldAltius MineralsArgentina GoldAtna ResourcesBarrick GoldBHP MineralsBolidenBuchans RiverCaledonia MiningCamecoCanaco ResourcesChesbar ResourcesComincoCopperQuestDarnley Bay Resou…
DIAMONDS — Spider Resources to test Brazilian diamond concession
A sampling program will be conducted in a historic diamond-producing region of east-central Brazil to determine whether a structure on ground held by Spider Resources (SPA-A) is the primary source.The…
Argentina Gold pulls hot values from Amable property
Argentina Gold (ARP-V) has tabled some impressive drill results from the Amable target on the Veladero project in San Juan province.Hole 80 returned 212 metres grading 3.67 grams gold and 47.71 grams …