News

Porcupine camp active after post-war doldrums

Mining companies at the Porcupine gold camp in Ontario are gaining the upper hand on production rates, which dwindled during the war. New discoveries at operating mines, the return of the workforce fr…


Asleep at the switch

In the early 1990s, he devoted his energies to stopping development of diamond deposits in Canada’s Northwest Territories, thankfully without success. Now John Turner has warned the world that Canada …



PEOPLE (December 20, 1999)

Crown Butte — Karl Elers appointed president.Dayton — Scott Brunsdon appointed senior vp and CFO.DiamondWorks — Robert Rainey appointed acting president and CEO; John Firth appointed d…


Expatriate tests gold camp

Equal partners Expatriate Resources (EXR-V) and Nordac Resources (NRQ-V) are encouraged by the results of a grassroots gold exploration program on the Armenius and Eureka properties in the Yukon.Combi…


OPAP cancellation short-sighted

It has recently come to my attention that the Ontario government will cancel the Ontario Prospectors Assistance Program (OPAP) as part of a cost-reduction program. As president of a junior mining comp…


Vengold goes dot.com route

After losing US$76.4 million (or US53 per share) during the first nine months of 1999, Vengold (VEN-T) has decided to its shift its focus away from mining and toward the internet.The considerable siz…


EuroZinc boosts resource

As part of a final feasibility study, EuroZinc Mining (EZM-T) has released new resource estimates for the past-producing Aljustrel project in Portugal.The Vancouver-based company hopes to revive Aljus…


EuroZinc

Amidst all the hype of the internet and high-tech stocks, Dia Met Minerals (DMM-T) is showing just how profitable diamond mining can be.With the global diamond market bolstered by De Beers “Millennium…


Kinross warms to Greystar

Prior to an internal review of the company’s Angostura gold-silver project in Colombia, Kinross Gold (K-T) bought 104,000 shares of Greystar Resources (GSL-T) at 81 each. An additional 400,000 shares…


Gold, nickel production falls in September

Canadian production of lead, silver and refined copper and zinc rose between September 1998 and September 1999, whereas output of primary copper and zinc, nickel and gold was down.The statistics shown…


Ecuadorian cuts high-grade mantos in Peru

Widely spaced drilling has returned strong gold values for Ecuadorian Minerals (EMC-T) at the Vetaspata property in southeastern Peru.Results from 12 of 19 core holes, totalling 1,750 metres, confirm …


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