Monarch looks for capital and projects
Following the sale of its La Camorra gold mine in Bolivar state, Venezuela, Monarch Resources (MRE-T) is casting about for business opportunities.Monarch sold La Camorra and its exploration properties…
News
NEWS ROUNDUP — Nuinsco resumes work at Lac Rocher
Drilling at the Lac Rocher property in northwestern Quebec is following up on a nickel discovery by Nuinsco Resources (NWI-T).The initial target of the current program is Anomaly A, an untested mafic-…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Broad market vaults over poorly performing golds
Led by the industrial products and utilities sectors, the Toronto Stock Exchange 300 index climbed 77.26 points during the report period ended Nov. 9, closing at 7,292.58. Metal producers fared poorly…
Major General finds buyer for Hammerdown deposit
Major General Resources (MGJ-V) has sold its Hammerdown-Rumbullion gold resource in Newfoundland to privately held Abiting of Val d’Or, Que.Situated near Springdale, the project has a resource of 600,…
Battle Mountain improves
Showing an improvement over the second quarter, Battle Mountain Gold (BMG-N) nonetheless incurred a net loss of US$14 million (or 6 cents per share) in the 3-month period ended Sept. 30.By comparison,…
Aurizon boosts resource at Casa Berardi
Wrapping up a major exploration campaign, junior gold miner Aurizon Mines (ARZ-T) has delineated a 1.65-million oz. gold resource at its Casa Berardi project, in northwestern Quebec.Total measured and…
NEWS ROUNDUP — Antofagasta hits commissioning stage
Commissioning of the US$1.4-billion Los Pelambres mine in Chile is under way.British-based owner Antofagasta Holdings reports that ore is being fed into the concentrator, and copper concentrate is exp…
Coming soon . . . — Obstructionist tool
For the past several decades, politicians, bureaucrats and environmentalists have engaged in a country-wide effort to expand Canada’s network of parks and wilderness spaces. In British Columbia, where…
US coal miner slapped with fine for wastewater leak
Lone Mountain Processing has been fined US$1.6 million after pleading guilty in U.S. federal court for twice discharging water contaminated with waste from coal processing into Virginia waterways.The …
PEOPLE — Buddha Res. (November 15, 1999)
Sean Tan appointed president and director; Shallendra Singh and Corrine Claridge appointed directors.
PEOPLE — Terrastar (November 15, 1999)
J.C. Forward appointed director.
PEOPLE — Plata (November 15, 1999)
Ernest Morrison and Cox Hallett Wilkinson appointed directors.