VenCan cuts Edwards lease
VenCan Gold (VCG-M) has announced it is terminating the lease under which River Gold Mines (RIV-T) operates VenCan’s Edwards gold mine northeast of Wawa, Ont.Under the terms of the lease, VenCan recei…
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INDUSTRIAL MINERALS — Granigroupe ready to sell holdings to Pender Capital — Quebec operations join B.C. quarries
Privately held Granigroupe has reached a preliminary agreement with Pender Capital (PNL-A) to sell its industrial-minerals holdings, including 15 building-stone quarries.Quebec-based Granigroupe, whic…
Andacollo tops 25,000 oz.
The Andacollo gold mine in central Chile produced a record 25,076 oz. at a cash operating cost of US$226 per oz. for the quarter ended Sept. 30, reports Dayton Mining (DAY-T).”The management of Dayton…
Lihir to produce less gold
Vengold (VEN-T) has been advised by Papua New Guinean-based Lihir Gold (LIHRY-Q) that the amount of gold expected from the Lihir mine this year has been reduced to 530,000 oz.The 70,000-oz. shortfall …
PEOPLE — Polymet (October 19, 1998)
Peter Steen and George Brazier appointed directors.
LETTER TO THE EDITOR — APEGBC part of solution, not problem
We read with alarm and dismay Jack Charlton’s letter (“National QP standards a must,” T.N.M., Sept. 14-20/98) referring to either elitist or xenophobic organizations such as the Association of Profess…
Gold Fields finances expansion of Tarkwa
South African-based Gold Fields (GLDFY-Q) plans to inject US$60 million into its Tarkwa open-pit heap-leach mine in southern Ghana.Gold Fields owns a 70% interest in Tarkwa and is project manager. The…
Pan American sizes up Mexican silver mine
Since acquiring the former-producing La Colorada silver mine in Mexico’s Zacatecas state this past March, Pan American Silver (PAA-T) has been carrying out a reserve development program aimed at expan…
Kinross bids to acquire La Teko
La Teko Resources (LAO-T) and Kinross Gold (K-T) have entered into a proposed merger whereby shareholders of La Teko will receive one Kinross share for every 2.65 shares held.The offer represents a 54…
Companies (October 19, 1998)
Adrian ResourcesAnglo AmericanAranlee ResourcesArgentina GoldAsia Pacific ResourcesAtacama MineralsAtna ResourcesAurizon Mines17Auspex MineralsBarrick GoldBattle Mountain GoldBillitonBolid…
Index (October 19, 1998)
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NAME CHANGE (October 19, 1998)
Morocco Explorations (MOQ-V) has changed its name to Mask Resources (MAS-V) on a 1-new-for-3-old-share basis.