1999


PRECIOUS METALS — Iamgold reports strong quarter

Despite low gold prices, the Sadiola Hill gold mine in Mali continues to churn out profits for partners Iamgold (IMG-T) and Anglogold (AU-N) of South Africa.The open-pit mine is owned by SEMOS, a Mali…



DIAMOND PAGE — Cominco halts expansion

Low zinc prices have prompted Cominco to postpone, until next year, an expansion program at its Cajamarquilla zinc refinery in Peru.The first phase of the expansion, which increased production by 20,0…


TVX advances Olympias gold project

Good news keeps pouring in for TVX Gold (TVX-T). The Toronto-based company has received a pre-approval permit for its Olympias polymetallic project in Greece, paving the way for completion of an envir…


Companies (May 31, 1999)

Aconic MiningAlto MineralsArmada GoldAshanti GoldfieldsAvalon VenturesBand-Ore ResourcesBarrick GoldBattle Mountain GoldBillitonCamecoCampbell ResourcesColumbia Gold MinesComincoCrown ResourcesCSA Man…



Quinsam, Hillsborough go belly-up

In a final attempt to restructure its debt, Quinsam Coal has filed for creditor protection and suspended operations at its coal mine near Campbell River, B.C. As a result, 120 unionized workers have b…



Meetings (May 31, 1999)

May 31, FoundationMay 31, GeomaqueMay 31, Golden TrumpMay 31, Holmer GoldMay 31, NanecoMay 31, Prospector Int’lMay 31, SerenaMay 31, US DiamondJune 1, Ascot EnergyJune 2, DoublestarJune 2, Elk PointJu…


Maracote focuses on Halley property

Junior Maracote International Resources (MCE-V) will begin a second phase of drilling on its Halley gold-silver property in south-central Peru.The 3,000-metre diamond drill program will test for gold …


Navigator Exploration tests targets

Having recently completed ground geophysics on 33 targets in the Northwest Territories, Navigator Exploration (NVR-A) is set to drill-test up to six of these. They are situated at the southern end of …


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