Golden Star looks ahead at five best properties
Golden Star Resources (GSC-T) is changing its strategy in the face of persistently low gold prices.The Denver-based company will minimize its grassroots work in favor of focusing on five advanced proj…
1998
PEOPLE (November 23, 1998)
Rayrock — Michael Martineau, Robert Matthews and Robert Zerga appointed directors.
SUPPLIERS NEWS ROUNDUP — Unimin cited for site rehab work
Unimin Canada has been recognized by a U.S.-based environmental group for continuing reclamation and wildlife programs at a former nepheline syenite operation near Peterborough, Ont.The Bethesda, Md.-…
SUPPLIERS NEWS ROUNDUP — Lakefield opens first African lab
Lakefield Research has opened a commercial mineral testing laboratory in Johannesburg, South Africa.The facility was purchased from Johannesburg-based Gold Fields Mining & Development in a deal design…
SUPPLIERS NEWS ROUNDUP — Atlas Copco acquires JKS Boyles
JKS Boyles International, a manufacturer of underground and surface diamond drill equipment, has been acquired by Stockholm-based Atlas Copco.JKS Boyles now belongs to the Atlas Copco Craelius stable …
CIM steps back to golden era
The Klondike gold rush of 1898 will be discussed at the next luncheon of the Vancouver branch of the Canadian Institute of Mining, Metallurgy and Petroleum, to be held Nov. 29 at 12 noon at the Stanle…
Hillsborough aims to boost productivity
A workforce reduction was not sufficient to keep Hillsborough Resources (HLB-T) in the black at its 63%-held Quinsam coal division near Campbell River, B.C.The company laid off 130 employees in July, …
Refugio mine covers Bema in red ink — But production levels, cash costs show signs of improvement
Lower-than-planned production at the Refugio gold mine in northern Chile contributed to a third-quarter loss for Bema Gold (BGO-T).The company posted a loss of US$6.8 million (or 6 cents per share) on…
Ashanti boosts production
For the fifth consecutive quarter, Ashanti Goldfields (AHD-T) has reported record production and cost reductions at its portfolio of operating mines in Africa.During the three months ended Sept. 30, t…
DIAMOND PAGE — Phoenix kimberlite proves diamondiferous
Kennecott Canada Exploration has recovered a small amount of diamonds from the Phoenix kimberlite body in northeastern Alberta. Phoenix is the first of five kimberlites discovered to date on the Legen…
OBITUARIES — Dennis Gray
Dennis Gray, chairman and chief executive officer of Antares Mining, has died of complications following surgery. He was 68.Born in Hessle, England, in 1930, Gray emigrated to South Africa in 1951 aft…
GREATEST VALUE TRADED (November 23, 1998)
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