Post-merger Kinross launches mine review
The recently completed merger with Amax Gold has provided a dramatic boost in revenue for Kinross Gold (K-T), as well as a larger stable of mines to manage. With gold prices at near-record lows, the T…
News
LME WHS LEVELS
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Aug. 31/98 (change from Aug. 25 in brackets):MetalStocks(tonnes)Change…
AZCO gains foothold in Mexico
Vancouver-based AZCO Mining (AZC-T) has acquired an option to earn a 70% interest in La Adelita, a copper-gold-silver prospect in Mexico’s Sonora state.In return, the junior is required to spend US$50…
LATIN AMERICA — Ballad, Unuk begin drill program in Peru
Drilling has begun on the Las Princesas project of Ballad Enterprises (BDC-V) and Unuk Gold (UNK-V) in northern Peru.Drilling on the Northern zone will consist of 10 holes over 1,200 metres. The miner…
LATIN AMERICA — Patagonia projects come of age — Minera Andes, Yamana among juniors active in Argentine region
Encouraging results released during the South American winter are setting the stage for what could be a pivotal exploration season in the Patagonia Plateau of southern Argentina.Junior companies activ…
LATIN AMERICA — Greenstone on track with mine commissioning
With mine commissioning under way at the San Andres gold mine in Honduras, Greenstone Resources (GRE-T) has arranged US$13 million in additional financing to ensure a smooth startup and withstand chal…
LATIN AMERICA — NEWS ROUNDUP — Scale of Amayapampa reduced
Low gold prices have prompted Vista Gold (VGZ-T) to scale down mining plans at the Amayapampa gold project in Bolivia.The company completed a feasibility study for a 3,000-tonne-per-day operation in t…
Companies (September 07, 1998)
Index AAber ResourcesAkrokeri Ashanti Gold MinesAnatolia Minerals DevelopmentAsarcoAshanti GoldfieldsAZCO MiningBreakwater ResourcesCambiorCamphor VenturesCanarc ResourceClaude ResourcesDayton MiningD…
LATIN AMERICA — La Salle yields more gold
Toronto-based Chesbar Resources (CBI-M) has released additional results from drilling at the La Salle I gold property on its Anacoco IV concession in Venezuela’s Bolivar state.The 41-hole, 5,000-metre…
MINING MARKET & INVESTMENT NEWS — INVESTMENT COMMENTARY — Rubicon’s fundamentals pass muster with analysts
Analysts following junior mining companies are painfully aware that this sector has, of late, been finding little favor with investors. The bear market and low metal prices are inducing analysts to fo…
EDITORIAL & OPINION — ODDS ‘N’ SODS — Tying up loose ends
When I was a mining inspector in northern Ontario in 1916, the Northern Pyrites mine was one of the operations I was responsible for. It lay 20 miles west of Sioux Lookout, near the Manitoba border, a…
GREATEST VALUE TRADED (September 07, 1998)
ExchgVal($000s)HighLowCloseChangeReynolds Met *N2…