Hatch funds U of T chair
Toronto-based consulting firm Hatch has donated $1 million to the University of Toronto to create management programs for the communications and technology industries.The Hatch Chair in Technology and…
News
CORRECTION (October 25, 1999)
In a column last week about the peril of being kidnapped in Latin America (“Avoiding abduction”), Greystar Resources was incorrectly identified as Greystone. The Northern Miner regrets the error.
Dynacor increases Acari production
Dynacor Mines (DYN-M) has responded to improved gold prices by increasing production at the Acari mine in Peru.The company can increase its interest to 80% from 70% by spending US$263,788. During the …
PEOPLE — Rex Diamond (October 25, 1999)
Dr. Luc Rombouts appointed director.
GOLD FUNDS (October 25, 1999)
Gold Funds as of October 14, 1999BGRCentralNet Value$14.946.34Price$10.35…
Newmont picks up prospect
Newmont Mining (NEM-N) will explore the Jamgyr gold property in north-central Kyrgyzstan with Apex Silver Mines (SIL-X).Apex, through its subsidiary Apex Asia, controls a 79% interest in Kumushtak, th…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Western markets slide along with bigger brothers
The merging of the Vancouver and Alberta Stock Exchanges into the Canadian Venture Exchange (CDNX) is set for Nov. 29 and will include nearly 2,500 listings from the ASE and VSE. Listings from the Mon…
Asarco poised to accept Grupo Mexico offer
Asarco (AR-N) has notified Phelps Dodge (PD-N) that it intends to break their merger agreement and accept Grupo Mexico’s new offer for US$29.75 per share.The story may not be over, however, as Asarco …
PEOPLE — Megastar
Thomas Skimming appointed director.
PEOPLE — Maude Lake
Donald Murphy appointed director.
PEOPLE — Major General (October 25, 1999)
W.J. Coulter appointed president.
SPC drills Los Chancas copper discovery in Peru
Based on results from exploration drilling, Southern Peru Copper (PCU-N) will carry out definition drilling at its newly discovered Los Chancas copper discovery in southern Peru.The deposit is 400 km …