Companies (July 20, 1998)
Abcourt MinesAber ResourcesAmerica Mineral FieldsArabian Shield DevelopmentArchangel DiamondArgentina GoldAsia MineralsAtna ResourcesAur ResourcesBarrick GoldBolidenBolivar GoldfieldsBroken Hill Propr…
Imperial Metals Corporation
Mount Polley placed on life support
Imperial Metals (IPM-T) will not suspend operations at its 55%-owned Mount Polley mine, 60 km northeast of Williams Lake, B.C.The decision was reached after shareholders agreed to adopt an economic pl…
Imperial hopes to stave off closure of Mount Polley mine
Buckling under the strain of low metal prices, Imperial Metals (IMP-T) is seeking concessions from all stakeholders in order to improve the financial conditions of its two new mines in the central par…
Companies (June 29, 1998)
Abacus MineralsAber ResourcesAJ Perron GoldAmbrex MiningAmerica Mineral FieldsAnglo AmericanArimetco InternationalAsarcoAtna ResourcesBaltic ResourcesBarrick GoldBattle Mountain GoldBirim GoldfieldsBl…
MINING IN CANADA Companies persevere in BC despite downtrend by thomas schuster
The state of British Columbia’s mineral exploration industry has yet to show signs of recovery.According to the British Columbia Geological Survey, exploration expenditures in the province declined by…
Imperial, Sumitomo consider closing Mt. Polley
Low metal prices are forcing Imperial Metals (IMP-T) and Japanese partner Sumitomo to consider temporarily suspending operations at the Mt. Polley copper-gold mine at the end of July.Built for $115 mi…
Companies (April 13, 1998)
Adex MiningAmerica Mineral FieldsAnglo AmericanAsia Pacific ResourcesAurizon MinesAvalon VenturesBand-Ore ResourcesBanro ResourceBarrick GoldBattle Mountain GoldBlue Desert MiningCaledonia MiningCambi…
Companies (February 23, 1998)
Ashton MiningAurado Expl.BolidenBroken Hill Pty.CambiorClaude Res.Comaplex Min.ComincoCons. Richland MinesCumberland Res.Cypress Min.Dayton MiningDia Met Min.Donner Min.Elizabeth Bay DiamondsEmerging …
Princeton plans merger with Imperial
L.Faced with a $2.7-million debt repayment and an empty till, Princeton Mining (PMC-T) has agreed to merge with Imperial Metals (IPM-T) by way of a plan of arrangement.Princeton’s main asset is a 60% …
New mines open in 1997
The year past won’t be remembered as much for its mine openings as for its scandals, but several notable (and legitimate) projects did come fruition both in Canada and abroad during 1997.The Musselwhi…
Companies (January 05, 1998)
Aber ResourcesAntares Mining and ExplorationApex Silver MinesArizona Star ResourceAshton Mining of CdaAtapa MineralsAtna ResourcesBand-Ore ResourcesBattle Mountain GoldBema GoldBroken Hill Proprietary…
Mt. Polley mine enters commercial production
Though not yet completely commissioned, the Mt. Polley mine near Williams Lake, B.C., has officially opened.Imperial Metals (IPM-T) is operating the project, in which it owns a 55% interest. The remai…