1999

Teck options three Chilean properties

Teck (TEK-T) will form joint ventures with General Minerals (GNM-T) on three copper projects in central Chile.The Vancouver-based major can earn a 60% interest in General Minerals’ Productura copper-g…



U of T offers remote-sensing course

A short course on remote-sensing in mineral exploration will follow this year’s convention of the Prospectors and Developers Association of Canada, in Toronto.The course, to be held March 19-20 at the…


Ashanti produces record amount of gold

Ashanti Goldfields (ASL-N) surpassed all its production and cost targets for 1998 on the strength of a banner fourth quarter.The company racked up 1.55 million oz. in gold production for the year (a 3…



Asarco takes loss for quarter

Asarco (AR-N) declared a net loss for the fourth quarter of 1998 as a result of low copper prices.After non-recurring items, the company lost US$68.7 million (or $1.73 per share), compared with net ea…



Kubaka’s performance buoys Kinross

With the Kubaka gold mine in Far Eastern Russia now its star performer, Kinross Gold (K-T) is continuing efforts to improve efficiencies at its other mines around the world.As part of this effort, Kin…


Meetings (February 08, 1999)

Feb. 9, FCMI Feb. 10, Anderson Feb. 10, Nevada Star Feb. 11, Blackwater Feb. 11, La Teko Feb. 12, GMD Res. Feb. 15, ABX Feb. 15, Messina Diamond Feb. 15, Scandia Feb. 15, Wheat Hills Feb. 16, Colevill…


Apex drills Platosa property

Denver-based Apex Silver Mines (SIL-X) has begun drilling at Excellon Resources’ (EXN-V) Platosa polymetallic property, near Bermijillo in Mexico’s Durango state.Apex can earn a 65% direct interest in…




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