LATIN AMERICA — Alumbrera improves performance
With startup problems behind it, the Alumbrera copper-gold mine in northwestern Argentina was close to breaking even in 1998.The open-pit mine, owned 25% by Rio Algom (ROM-T), achieved commercial prod…
News
LATIN AMERICA — Opawica finds gold anomalies at Cura Este
Toronto-based Opawica Explorations (OPW-T) has discovered a new area of anomalous gold mineralization on its 16,000-ha Cura Este property in Argentina’s Valle del Cura district.The discovery, made dur…
MOST ACTIVE ISSUES, April 14-20
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QUERY — Records show Peterson Red Lake remains dormant
My late father was involved in mining most of his life, and after going through some papers I have come across three different mining stocks which I think are now defunct — but before I destroy the c…
METAL PRICES (April 26, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateApril 20April 19April 16Apri…
LATIN AMERICA — Pierina to be world’s lowest-cost producer
Peru’s mining industry will get a major shot in the arm this spring when Barrick Gold (ABX-T) officially opens its Pierina mine in the department of Ancash, 185 miles north of Lima.The valley-fill, he…
PEOPLE — United Carina Resources
John Dennis Harvey appointed vice-president of exploration and director.
PEOPLE — San Andreas Resources
Barry Ching appointed director.
PEOPLE — Manhattan Minerals
John Lamacraft appointed director.
PEOPLE — Intertech Minerals
John Fraser appointed president and director; Rory Godinho appointed secretary; and Ralph Shearing and Michael Cytrynbaum appointed directors.
PEOPLE — Homestake Mining
Walter Segsworth appointed president and chief operating officer.
THE NORTHERN MINER — Small Producers Index (April 19, 1999)
69.33 (+0.36)(Sept. 30/98 = 100)…