First Dynasty sells Armenian gold
Singapore-based First Dynasty Mines (FDM-T) has exported its first shipment of gold dorefrom the Ararat tailings project in western Armenia.A total of 312 oz. gold was sent to a refinery in the United…
News
St Andrew hits high-grade mineralization
Junior St Andrew Goldfields (SAS-T) has completed a program of wedge drilling at its Taylor gold property in the Matheson area of northeastern Ontario.The program’s purpose was to test the continuity …
Meetings (June 01, 1998)
June 1, Int’l DamascusJune 1, NeutrinoJune 1, Pacific FalkonJune 1, Samax GoldJune 2, Eden RocJune 2, El CallaoJune 2, Golden QueenJune 2, GoldfundJune 2, GoldtrustJune 2, La TekoJune 2, LegionJune 2,…
SUPPLIERS NEWS ROUNDUP — Scintrex working in Brazil
The airborne survey division of instrumentation firm Scintrex has joined with a Brazilian survey company. The new joint venture is known as Megafisica.In addition, Scintrex has been awarded contracts …
DiamondWorks to return to Koidu
With pro-government forces now in control of the area surrounding the Koidu diamond concession in eastern Sierra Leone, DiamondWorks (DMW-T) is planning its return.At an annual meeting held recently i…
GOLD FUNDS (June 01, 1998)
Gold Funds as of May 21, 1998BGRCentralNet Value$15.58$5.95Price$11.85$5.
NEW HORIZONS — Gold and medical research
The ability of gold atoms to stick together even when beaten into gossamer-thin layers has been known since ancient Egyptian times. Now, researchers have produced an even thinner layer of gold — no t…
Index (June 01, 1998)
CareersClassifiedDiamond PageDividendsDrillersEditorialGeology 101Investment CommentaryLetter to the EditorMetal PricesMining Markets and Investment NewsNew HorizonsProfessional DirectoryQueryStock Ma…
LETTER TO THE EDITOR — Planning for Canada’s mining future
We appreciate your compliments in a recent editorial (“Congratulations, CIM,” T.N.M., May 4-10/98). In our centennial year, the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) is indeed p…
Russian law worries regional gold miners
Gold production in Russia’s Magadan region will drop by 9 tonnes this year as a result of a new precious metals law that restricts contracts between Russian miners and mills, says the regional governm…
BC mines awarded
Thirteen British Columbia mines were recognized at the province’s 36th annual Safety Awards, part of the recent Mining Week festivities.Fording Coal’s Greenhills operation was a double winner, receivi…
Akrokeri-Ashanti acquires Goldenrae
Toronto-based junior gold producer Akrokeri-Ashanti Gold Mines (AAGM-C) is significantly expanding its presence in Ghana with the acquisition of the private Ghanaian company Goldenrae Mining.For 85% o…