NAME CHANGE (March 29, 1999)
Matrix Energy (MEI-V) has changed its name to Promax Energy (PMY-V) on a 1-new-for-5-old-share basis.
News
Index (March 29, 1999)
ClassifiedCommentaryDiamond PageDrillersEditorialInsider TradingLetter to the EditorMetal PricesMining Markets & Investment NewsNew HorizonsPeopleProfessional DirectoryQueryStock MarketS…
PEOPLE — Eurasia Gold
Elmer Stewart appointed president and CEO, Colin Christensen appointed vp of corporate development, Harvey McKenzie appointed CFO and director, W. McLucas appointed chairman and director, and R. Crosb…
Raymor confirms lithium grade
Bulk-sampling by Raymor Resources’ (RAR-A) at the La Motte lithium property has confirmed previous estimates of lithium grade.The Centre de Recherches Minrales du Qubec analyzed a 50-tonne sample co…
Energold points to solid values at Longyear
The latest drill results are adding momentum to Energold Mining’s (EGD-V) attempts to outline gold-copper-silver mineralization at the Longyear property in the Dominican Republic.The company will dril…
Contest set for Fernie
The town of Fernie, B.C., will play host to the North West Regional Mine Rescue Competition, to be held Sept. 10 and 11.The competition, the fourth to be hosted in the city, will include first aid, re…
EDITORIAL & OPINION — Gold sales would harm world’s poor — IMF folly
United States President Bill Clinton likes the idea, and so does Vice-President Al Gore. U.S Treasury Secretary Robert Rubin also favours the idea of encouraging the International Monetary Fund (IMF) …
EDITORIAL & OPINION — NEW HORIZONS — Social duties the next challenge
The village women arrived early. They climbed on to the drill rig and detached the water line, forcing the driller to stop the machine. They then moved down to the geologists’ office and presented him…
Francisco expands at El Sauzal property — New study suggests lower capital, operating costs
Francisco Gold (FGX-V) has pulled encouraging values from diamond drilling at its El Sauzal project in Mexico’s Chihuahua state.The junior recently drilled five stepout holes along the southwestern fl…
Sunshine posts quarterly loss
Despite higher silver production, Sunshine Mining & Refining (SSC-N) posted a net loss for the fourth quarter of 1998.The company reported a loss of US$3.8 million, compared with a loss of US$3.1 mill…
Myra Falls mine back on-stream — Backfilling, new bolting pattern to improve ground conditions
Satisfied with rehabilitation work on its underground mine, Boliden (BOL-T) has resumed production at the Myra Falls zinc-copper operation on Vancouver Island.The company had suspended production in D…
OSC levels insider trading charge against Harper
The Ontario Securities Commission has laid Securities Act charges against the president of Golden Rule Resources (GNU-T), Glen Harper, accusing him of trading on undisclosed inside information.The cha…