CORRECTION (March 29, 1999)
A report in our March 15-21 issue erroneously stated that Tiberon Minerals is a Vancouver-listed company. The company trades on the Alberta Stock Exchange under the ticker symbol tbr.Furthermore, Tibe…
1999
Myra Falls mine back on-stream — Backfilling, new bolting pattern to improve ground conditions
Satisfied with rehabilitation work on its underground mine, Boliden (BOL-T) has resumed production at the Myra Falls zinc-copper operation on Vancouver Island.The company had suspended production in D…
EDITORIAL & OPINION — Gold sales would harm world’s poor — IMF folly
United States President Bill Clinton likes the idea, and so does Vice-President Al Gore. U.S Treasury Secretary Robert Rubin also favours the idea of encouraging the International Monetary Fund (IMF) …
TSE SHORTS (March 29, 1999)
Short positions outstanding at March 15, 1999Larger individual positions include:Abaddon Resources 120,000, up 120,000; Abitibi Consolidated 493,000, down 170,811; Alcan Aluminium 630,336; Barrick Gol…
EDITORIAL & OPINION — NEW HORIZONS — Social duties the next challenge
The village women arrived early. They climbed on to the drill rig and detached the water line, forcing the driller to stop the machine. They then moved down to the geologists’ office and presented him…
Tarkwa wipes US$75m debt
Gold Fields (GDFDY-O) and Golden Knight Resources (GKR-T) have eliminated US$75 million in debt related to the construction of the Tarkwa gold mine in southwestern Ghana.The South African major, which…
Contest set for Fernie
The town of Fernie, B.C., will play host to the North West Regional Mine Rescue Competition, to be held Sept. 10 and 11.The competition, the fourth to be hosted in the city, will include first aid, re…
OSC levels insider trading charge against Harper
The Ontario Securities Commission has laid Securities Act charges against the president of Golden Rule Resources (GNU-T), Glen Harper, accusing him of trading on undisclosed inside information.The cha…
Francisco expands at El Sauzal property — New study suggests lower capital, operating costs
Francisco Gold (FGX-V) has pulled encouraging values from diamond drilling at its El Sauzal project in Mexico’s Chihuahua state.The junior recently drilled five stepout holes along the southwestern fl…
PEOPLE — Thunder Sword
Stephen Mellows appointed director.
PEOPLE — Latitude Minerals (March 29, 1999)
Robert Kolt appointed director.
PEOPLE — ITL Capital
Robert Paul appointed director, James Pettit appointed secretary.