Companies (December 15, 1997)
Adrian ResourcesAGC Americas GoldAgnico Eagle MinesAlto MineralsAmax GoldAmbrex MiningAntares Mining and ExplorationAnvil RangeArmada GoldAtna ResourcesAurizon MinesBand-Ore ResourcesBanro ResourcesBa…
Newmont Mining Corporation
Altavista moves Santa Anna to feasibility — Geologists struggle to decipher pattern of gold mineralization
Step by step at its Santa Anna property, Montreal-based Altavista Mines (AIA-) is developing what may become Quebec’s next new gold mine.The property is situated 15 km west of La Sarre, close to the O…
International Pursuit joins White Knight in Nevada
International Pursuit (ipj-t) has signed an agreement-in-principle to acquire interests in two Nevada gold properties of White Knight Resources (wkr-v).White Knight, which holds properties in Nevada’s…
Newmont breaks record in quarter
Newmont Gold (ngc-n) is the first North American gold producer to have produced 1 million oz. in one 3-month period.During the second quarter, the company produced 1.03 million oz. It is now working t…
NEVADA — Merger with Santa Fe pushes Newmont to top spot — Half of 1997 exploration and development costs earmarked for Nevada projects
With anticipated gold production of 3.7 million oz. in 1997 and 4.1 million oz. in 1998, Newmont Mining (NEM-N) is now North America’s largest producer of the yellow metal. In the world, it is second …
NEVADA — Quest drilling at Nevada’s Jasperoid gold property
Quest International Resources (QIX-T) has begun drilling at its Jasperoid gold project, southeast of Winnemucca.The company is engaged in a 5-To-7-hole, 3,000-ft. program on the 42-Claim property. The…
NEVADA — Rosebud gold deposit blossoms by entering commercial production
Commercial gold and silver production is under way at the Rosebud underground mine, 58 miles west of Winnemucca.Ownership of the mine, where reserves are pegged at 1.3 million tons grading 0.39 oz. go…
Barrick invests in Alaskan gold
Barrick Gold (ABX-T) has inked a deal whereby it can earn a 51% interest in the Golden Summit property of International Freegold (ITF-V), situated in the Fairbanks district of Alaska.For its interest,…
Newmont and Santa Fe vote in favor of merger plan
Shareholders of both Santa Fe Pacific Gold (GLD-N) and Newmont Mining (NEM-N) have expressed their overwhelming support for a proposed merger.During a special meeting, both groups of shareholders met …
Santa Fe, Newmont set date for merger vote
Shareholders of Santa Fe Pacific Gold (GLD-N) will meet in a special meeting on May 5 in Albuquerque, N.M., to discuss a proposed merger with Newmont Mining (NEM-N).Newmont and its 91%-owned subsidiar…
ODDS’N’SODS — The saga of the Granduc mine
I will never forget the day in 1978 when Treavor Hancock, supervisor of British Columbia’s Granduc copper mine, phoned to tell me that the roof of the mill had collapsed under the weight of ice and sn…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Bre-X discovery launches gold rush in Indonesia
The discovery by Bre-X Minerals (BXM-T) of millions of ounces of the yellow metal at its Busang property in East Kalimantan has induced mining companies the world over to flock to Indonesia.During the…