TSE Indices (December 27, 1999)
— 1999 –DateDec. 21Dec. 20Dec. 17Dec. 16Dec. 15High…
Articles by Northern Miner Staff
Trivalence drills Aredor pipe
Drilling at the Aredor concession in Guinea has intersected diamond-bearing kimberlite for Trivalence Mining (TMI-C).Holes 21 and 23 yielded a combined 70 macrodiamonds (a macro is here defined as mea…
Richmont writes down Francoeur
Richmont Mines (RIC-T) has written down the carrying value of its Francoeur gold mine, near Rouyn-Noranda, Que.Although production has been temporarily suspended since late September, the company is c…
Chinese OK Towerbeck JV
Denver — The Chinese government will allow General Minerals (gnm-t) to explore the Towerbeck gold joint venture in that country’s northwestern region.The company can earn a 71% interest in the 56-sq….
Inmet, Tri Origin form pact
Junior Trio Origin (TOE-T) has optioned to Inmet Mining (IMN-T) its Woodlawn and adjacent South Woodlawn polymetallic projects in New South Wales, Australia.To earn a 60% interest, Inmet must spend $3…
Valerie confirms gold-copper system in Ecuador
A 2,500-metre drill program on the Santa Barbara gold-copper property in Ecuador has outlined a body of mineralization measuring 150 by 1,000 metres.Valerie Gold Resources (VLG-V) drilled 10 holes in …
River, Vencan end legal dispute (December 27, 1999)
Ending a long-standing legal dispute, River Gold Mines (RIV-T) has agreed to buy Vencan Gold’s (VCG-M) Edwards mine, near Wawa, Ont., for $1.5 million plus a 3% net smelter return on gold produced aft…
David Lowell, Catherine McLeod-Seltzer share 1999 ‘Mining Man of the Year’ award
At first glance, it seems an unlikely partnership. Yet the weathered, laconic geologist with several major discoveries under his belt and the down-to-earth, female stockbroker with a keen eye for oppo…
From the treetops . . . to the court room
David Anderson’s newly unveiled strategy to save endangered species has been given a warm welcome by some powerful supporters, including one of Canada’s national newspapers, which wasted no time prais…
What about gold?
Gold sales by central banks were back in the news this past year. The Dutch central bank announced plans to sell 300 tons, thus reducing its total holdings to 752 tons. Britain has greatly reduced its…
Kisladag project moves forward
With a site selection permit in hand, Eldorado Gold (ELD-T) is ready to begin environmental baseline studies at its Kisladag project in western Turkey.The permit, issued by the province of Usak, defin…
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