1999

Placer completes Western Areas deal

Vancouver-based major Placer Dome (PDG-T) has completed its joint-venture agreement with South Africa’s Western Areas for a 50% operating interest in the South Deep deposit, situated in the Witwatersr…


Construction resumes at Las Cristinas gold project

After several years of delay due to litigation, Placer Dome (PDG-T) has resumed construction on the Las Cristinas gold mine in the Kilometre 88 region of southeastern Venezuela.The US$575-million proj…


Meetings (April 05, 1999)

April 7, Band OreApril 8, BrascadeApril 8, Western Pacific MinApril 8, WinspearApril 9, AuspexApril 9, Mount HopeApril 9, NovawestApril 9, TellisApril 12, Western PacificApril 13, Blue GoldApril 13, T…


Barrick completes acquisition

Shareholders of Sutton Resources (STT-T) have overwhelmingly approved a takeover bid by Barrick Gold (ABX-T), offering 91% of their shares to the major.Under the terms of the Barrick offer, which had …


Parkland grows under government plan

A program that will establish 380 new parks and protected areas in Ontario was unveiled in late March by the provincial government.The program, dubbed Living Legacy, was the outgrowth of the province’…


Lac Rocher drilling hits nickel, copper

Results from five more holes drilled by Nuinsco Resources (NWI-T) at its Lac Rocher project in Quebec sent the company’s share price tumbling even as they confirmed additional nickel and copper minera…



PRODUCER & DEALER PRICES (April 05, 1999)

Antimony: Representative mid-market US$1,290 per tonne (Mar. 30/99).Bismuth: Representative mid-market US$3.25 per lb. (Mar. 30/99).Cadmium: Representative mid-market US$0.23 per lb. (Mar. 30/99).Chro…



Breakwater reopens El Toqui

Stronger zinc prices and an improved mill performance have prompted Toronto-based Breakwater Resources (BWR-T) to resume mining at its El Toqui zinc mine in central Chile.The company suspended mining …




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