Beleaguered Cambior (CBJ-T) has finally signed a definitive restructuring agreement with its lenders and hedge providers.The deal brings to a close a 3-month standstill period initiated after the gold…
Drilling at the past-producing Pickle Crow gold mine in northwestern Ontario has produced encouraging results for partners Wolfden Resources (WOLF-C) and Jonpol Explorations (JON-T).Eight holes tested…
Golden Phoenix Minerals (GPXM-O) has boosted the resource at the Borealis property in southern Nevada to 1.2 million oz. gold.The expansion is a reflection of a new resource calculation for the Freedo…
The last year of the ’90s was a good time to keep your head in and your eyes shut. Call it the Year of the Timid Turtle. But even as the last few pieces of rubble from 1997 and 1998 fell back on the i…
Turbulent metal markets made for a difficult year, but better times are predicted for Teck (TEK-T), one of Canada’s largest diversified mining companies.Mining analyst Tanya Jakusconek of National Ban…
Vancouver — The past year saw the advancement of numerous foreign exploration plays — none more promising than Argentina Gold’s Veladero property in Argentina.Homestake Mining (HM-N) acquired a 60% …
Although 1999 was not exactly a great year for mining, it wasn’t the worst either. Somehow it seems a fitting way to end a year, a century and a millennium, signifying, as it does, the uncertainty tha…
Embattled metal markets and investor apathy made for a drab year of domestic exploration, two exceptions being the Matagami region of Quebec and the Buchans camp of Newfoundland.In Matagami, partners …
The Quebec Ministry of Mines used to, and perhaps still does, publish periodical lists of claims that are about to expire. These were closely studied by prospectors. One never knew when some hot prope…
Although 1999 put many established miners to the test, the year also saw the startup of several new mines both at home and abroad.Junior Moydow Mines International (MOY-T) and its partners kicked off …
Short positions outstanding at December 15, 1999Larger individual positions include:Abitibi-Consolidated 2,349,339, up 313,941; Alcan Aluminum 1,539,522, up 60,155; Barrick Gold 5,737,538, u…
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