Sale of Troilus mine derailed
Plans by Inmet Mining (IMN-T) to sell the Troilus mine in north-central Quebec have been stalled following a technical investigation by the prospective purchaser.Homestake Mining (HM-N) and subsidiary…
Homestake Mining Company
Companies (December 22, 1997)
Altavista MinesAlto MineralsArmada GoldAshanti GoldfieldsAtlasAtna ResourcesAuspex MineralsBreakwater ResourcesCamecoComincoConsolidated Brightwork ResourcesCumberland ResourcesDonner MineralsEagle Pl…
Gold industry pulls in its horns — Rating service downgrades producers; Kinross to close QR
The gold price plunged again over the past week, crashing through its Feb.25, 1985, low of US$284.25 on Dec. 9, and causing further concern that gold producers will be forced to close their highest-co…
Companies (December 15, 1997)
Adrian ResourcesAGC Americas GoldAgnico Eagle MinesAlto MineralsAmax GoldAmbrex MiningAntares Mining and ExplorationAnvil RangeArmada GoldAtna ResourcesAurizon MinesBand-Ore ResourcesBanro ResourcesBa…
EXPLORATION ROUNDUP — Kiwis push for revival of mineral exploration — Conference opens window on New Zealand
Auckland, New Zealand — Exploration and mining are welcome in New Zealand as long as companies are prepared to meet high environmental standards and be good corporate citizens, government officials t…
Eskay Creek keeps company primed for profits
Being the owner of one of the highest-grade gold and silver mines in the world, Vancouver-based Prime Resources Group (PRU-T) is in the enviable position of being able to continue to post a profit in …
Triumphant Golden Bear back in business — Production ahead of schedule and under budget
After a 3-year production hiatus, the Golden Bearopen-pit mine, situated 130 km north of here, is once again producing gold.Production levels are exceeding expectations and, by the time the heap-leach…
Navan Resources embarks on Spanish mine construction
The first stage of construction is under way at the Aguas Tenidas zinc project in Spain’s Pyrite belt.The operator, London-listed Navan Resources, has contracted Spanish firm Ingemisa Servicios to dri…
MINERAL EXPORATION — Neural networks applied to Carlin trend
By applying neural pattern recognition technology, Uranerz USA is reinterpreting the Ren gold property in the Carlin trend of northern Nevada.The property is a joint venture between Uranerz, Romarco M…
Barrick pulls plug on El Indio, Tambo — Three other mines slated for shutdown in 1999
Having tried, and failed, to turn around the Chilean operations of the former Lac Minerals, Barrick Gold (ABX-T) has moved to wipe the under-performingoperations off its books.The company has announce…
Romarco finds high-grade gold at Dixie
The Midas district of northern Nevada is known for hosting high-grade gold mineralization, and Romarco Minerals (R-T) is showing that its Dixie claims are no exception.While drilling the southern port…
Battle Mountain, Orvana option Chilean property
The Copper Line joint venture of Battle Mountain Gold (BMG-N) and Orvana Minerals (ORV-T) has reached an agreement-in-principal with the Chilean state mining enterprise Codelco that will expand the jo…