Tarmoola turnaround bolsters PacMin’s earnings
Underpinning the assets of PacMin Mining (PML) is the improved performance of the Tarmoola open-pit gold mine in Western Australia.The mine has shown improved production, with lower cash costs, in eac…
News
EuroZinc poised to revive Aljustrel
At first glance, it appears to be a turnaround story in the making. All the ingredients are there — developed deposits, a modern mine and mill, a tailings disposal facility, roads, rail and a deep-wa…
PEOPLE — DiamondWorks
John Firth appointed vp operations; Stephen Grimmer appointed vp project development.
Two new solitudes — Feds and fishes
The Supreme Court of Canada is not an elected body, but perhaps it should be if it is to have the last word on matters of economic and social policy in the country. The idea of throwing judges into th…
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…
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 …