Sunshine boosts production forecast
Exploration at the Sunshine silver mine in northern Idaho has enabled Sunshine Mining & Refining (SSC-N) to increase production estimates to more than 5.2 million oz. in both 1999 and 2000. The previo…
News
AFRICA — Channel poised for busy year
Having fended off a hostile takeover bid by Etruscan Resources (EET-T) last summer, Channel Resources (GEYE-C) intends to continue work on its mineral properties in Burkina Faso, with some help from P…
DIAMOND PAGE — CORRECTION (January 25, 1999)
A report in our Dec. 28/98-Jan. 3/99 issue included incorrect information on the ownership of the Rosia Montana property in Bulgaria.The property is wholly owned by Bulgarian-based Euro Gold. Gabriel …
Index (January 25, 1999)
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Barrick sweetens takeover bid — Hot holes at Argentina Gold’s Veladero project attract attention
Barrick Gold (ABX-T) has increased its cash takeover bid to $5 per share for Argentina Gold (ARP-V), following a report that the junior struck gold at the new Amable North target on its Veladero prope…
PEOPLE – Panther
Gordon House elected director. Russel Goodwin appointed president. Edward Renyk appointed secretary.
PEOPLE – Zorin
John Bolter appointed director.
GOLD FUNDS (January 25, 1999)
Gold Funds as of January 7, 1999BGRCentralNet Value$14.025.93Price$9.75$5…
THE NORTHERN MINER — North American Mining Index (January 25, 1999)
92.12 (-4.52)(Sept. 30/98 = 100)…
THE NORTHERN MINER — Small Producers Index (January 25, 1999)
86.93 (-1.75)(Sept. 30/98 = 100)…
Winspear to launch $12m program at Snap Lake project
Diamond explorer Winspear Resources (WSP-V) is gearing up for a $12-million drilling program designed to advance the NW Snap Lake project in the Northwest Territories.The project is focused on the exp…
MINING & OPINION — Mining towns lobby Ottawa — Reintroduce MEDA
Almost every North American geologist, mining executive and research analyst has one. Some have two or more white-knuckle stories to tell about their ventures into foreign lands. Few, however, are as …