George Lake project gets new lease on life
Unable to go it alone, Kit Resources (kit-) has enlisted the aid of Kinross Gold (K-T) to develop its George Lake gold project near Bathurst Inlet in Nunavut.Touted as one of the largest undeveloped p…
Inmet Mining Corporation
Cayeli foundation of Inmet’s quarter
Increased production from the Cayeli copper-zinc mine in Turkey was in the foreground of the second-quarter picture at Inmet Mining (IMN-T).Inmet showed a profit of $959,000 for the 3-month period end…
Companies (July 26, 1999)
Abcourt MinesAber ResourcesAsarcoBarrick GoldBlack Hawk MiningBroken Hill Pty.CambiorCamecoCampbell ResourcesCanabrava DiamondComincoCumberland ResourcesCyprus AmaxDe Beers Cons. MinesEldorado GoldEur…
MSV begins winding down project
Unable to secure financing for its Copper Rand 5000 project, MSV Resources (MSV-T) has begun work that will lead to the closure of the Copper Rand mine site in Chibougamau, Que.The company is disposin…
INSIDER TRADING — Kinross, Viceroy repurchase shares
Recent filings with the Ontario Securities Commission show that both Kinross Gold (K-T) and Viceroy Resource (VOY-T) repurchased shares in their respective companies in April. The former bought 1.3 mi…
Ok Tedi battles problems
A preliminary consultant’s report on waste management at the Ok Tedi copper-gold mine in the western interior of Papua New Guinea has not provided any solutions to the mine’s environmental problems, a…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — TSE inches up as equity markets recover
Base metals ahead of market in response to better commodity prices The base metals led the winning sectors as the Toronto Stock Exchange advanced slightly over the five trading days ended June 8. The …
NEWS ROUNDUP — Drilling hits gold at Windfall Lake
A 7-hole drilling program by Inmet Mining (IMN-T) has led to the discovery of multiple gold zones in altered, sheared felsic volcanic rocks at the Windfall Lake property in Quebec’s Urban Twp., 100 km…
Teachers buy Inmet shares
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:Armada Gold (AAU-T) — John Hopkins, director, sold 100,000 shares indirectl…
Companies (May 31, 1999)
Aconic MiningAlto MineralsArmada GoldAshanti GoldfieldsAvalon VenturesBand-Ore ResourcesBarrick GoldBattle Mountain GoldBillitonCamecoCampbell ResourcesColumbia Gold MinesComincoCrown ResourcesCSA Man…
Companies (May 17, 1999)
Abacus MineralsAber ResourcesAlberta EnergyAmerica Mineral FieldsAnatolia Minerals DevelopmentAnzex ResourcesArgosy MiningAshanti GoldfieldsAshton Mining of CanadaAsia MineralsAthlone Minera…
Restructuring leaves Inmet lean, profitable
The comprehensive restructuring of Inmet Mining (IMN-T) is now complete, management told shareholders at the annual meeting in Toronto.The once-diversified producer has narrowed its focus to copper an…