News

EVENTS (December 27, 1999)

Jan. 25-28 B.C. & Yukon Chamber of Mines — “Cordilleran Geology and Exploration Roundup.” Hotel Vancouver, Vancouver, B.C. Tel: (604) 681 5328.Feb. 8-10 Int’l Investment Conferences — “Investing in …


SouthernEra assesses Camafuca samples

Toronto-based SouthernEra Resources (SUF-T) is encouraged by the latest mining results at its Klipspringer diamond property in northeastern South Africa.An average of 41.5 carats per 100 tonnes was re…


World Wide acquires Dafang prospect

Libra Gold, the exploration subsidiary of World Wide Minerals (WWSS-C), has acquired Princess Resources’ (PRL-V) 51% interest in the Dafang gold-silver project in China’s Hunan province.World Wide’s C…


Nord Pacific takes over Tritton

The Australian copper deposit known as Tritton, current- ly owned equally by Nord Pacific (NPF-T) and ASX-listed Straits Resources, will soon be owned entirely by the former. Nord has agreed to buy St…


Orvana resumes work at Don Mario

Vancouver-based Orvana Minerals (ORV-T) has retained an engineering firm to update a May 1999 feasibility study for the Don Mario gold-copper deposit in Bolivia.The study, by Australia’s Minproc, will…


CORRECTIONS (December 27, 1999)

In our issue of Dec. 20-26, 1999, we reported that Vengold (VEN-T) holds 5% of Lihir Gold (LIHRY-Q) and Nuigini Mining, worth US$40 million, as well as cash and securities valued at US$50 million.Veng…


MNDM confident of Treasure Hunt benefits

In a letter printed in your issue of Nov. 22-28, 1999, Jerry Roth of Stratagex raised some concerns about the Ontario government’s Operation Treasure Hunt initiative.To clarify, for the benefit of Mr….


Rally surprises market

Metals prices climbed sharply higher in the week ended Dec. 17 as fund buying took the market by surprise, confounding widespread expectations that prices had settled into a phase of sedate range trad…


‘Tis the season for tax loss selling

John Kilburn, retail analyst with Goepel McDermid, is looking for bargains in the junior resource sector this holiday season. Tax loss selling at this time of year typically creates a seasonal weaknes…


Manhattan outlines sulphides at Tambo Grande

At its 75%-optioned Tambo Grande polymetallic project in northwestern Peru, Manhattan Minerals (MAN-T) has unveiled a resource model for the TG-3 deposit that pushes the overall sulphide resource to b…


Stillwater improves production forecast

Emerging from a period of development glitches at its namesake operation in south-central Montana, platinum producer Stillwater Mining (SWC-X) is confident it has turned the corner and anticipates str…


Future of BC mining uncertain

This past year has been both difficult and disappointing for British Columbia’s mining industry. Two mines closed and no new ones were opened. Mineral exploration plummeted dramatically and is now exp…


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