Orvana plans offering
Seeking funds to develop its Don Mario gold-copper deposit in eastern Bolivia, Orvana Minerals (ORV-T) plans to offer shareholders the right to subscribe for up to 11.6 million additional units.Shareh…
News
Careers (September 06, 1999)
Government of NunavutEmployment OpportunityResource GeologistDepartment of Sustainable Development, Arviat, Nunavut Reporting to the Director, Minerals, Oil and Gas, you will be a part of a team that …
Index (September 06, 1999)
CareersClassifiedDrillersEditorialFacts’n’FiguresInsider TradingInvestment CommentaryLetters to the EditorMarket PlaceMetal PricesNews RoundupObituariesOdds’n’SodsPeopleProfessional Dire…
Highland Valley set to go
Union workers at Canada’s largest copper mine, Highland Valley Copper, near Kamloops, B.C., have voted 86% in favour of a 5-year offer that ties wages to the price of copper.The deal ends a stalemate …
Phelps Dodge pushes ahead with bid — Asarco, Cyprus only interested in ‘merger of equals’
Copper giants Asarco (AR-N) and Cyprus Amax Minerals (CYM-N), which are negotiating a 2-way merger, have asked Phelps Dodge (PD-N) to postpone its hostile takeover bid until after the merger is…
Phelps takes writedown as prices plummet
A US$61-million writedown related to restructuring has wiped out Phelps Dodge’s (PD-N) slender second-quarter earnings of US$1.2 million (or 2 cents per share), leading the company to post a loss of U…
Eastmain drills at Bathurst
Eastmain Resources (ER-T) has begun a 2,000-metre drill program on its Tingley Brook property, near Bathurst, N.B. The project comprises 190 claims in the southern portion of the Bathurst mining camp….
Cominco makes discovery
Drilling by Cominco (CLT-T) has revealed high-grade, zinc-lead mineralization 6 miles north of the company’s Red Dog mine in northwestern Alaska.The results point to a flat-lying zone that is still op…
Pamour gold mine to remain open – for now
The union at the Ontario division of insolvent Royal Oak Mines has staved off a move by the company’s receiver to close the Pamour and Nighthawk operations, near Timmins, Ont.Receiver Price Waterhouse…
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Gold demand on the rise
Gold demand continued to increase in the second quarter of 1999, according to a report from the World Gold Council.Total demand in 27 markets was 809.5 tonnes, up 16% over the second three months of 1…
EDITORIAL & OPINION — Anderson’s folly — ESA nightmare
Since taking the post as Canada’s environment minister following a recent cabinet shuffle, David Anderson has wasted no time launching a proposal that would make it a criminal offence to destroy endan…
PEOPLE — Cypango
William Dynes appointed president; Feisal Somji appointed director.