Barrick aims for record
A powerful combination of rising production, falling costs and premium prices for its gold is setting the stage for Barrick Gold (ABX-T) to record its best year ever in 1999.During the first nine mont…
News
Greatest Value Traded, OCTOBER 13-19
ExchgVal($000s)HighLowCloseChangeAlcoa*N300815…
Eldorado tables estimate for Kisladag gold project
With its 1999 drill program now complete, Eldorado Gold (ELD-T) has tabled an initial resource calculation for its wholly owned Kisladag project in western Turkey.The measured and indicated resource i…
WSGS identifies kimberlite
Mapping by the Wyoming State Geological Survey (WSGS) has defined more kimberlite occurrences in the Iron Mountain district, 35 miles northwest of Cheyenne.The kimberlite field has been tested for mor…
Russian diamond miner reports profits, new mines
In an attempt to consolidate its position in northwestern Russia’s diamond camp, Almazy Rossii-Sakha (Alrosa), the country’s largest producer, will boost output at some of its open-pit operations and …
Franco-Nevada plans Ken Snyder expansion
The recent upward spike in gold prices has prompted Franco-Nevada Mining (FN-T) to draw up plans to boost production at its new Ken Snyder gold mine in northern Nevada.To boost mill throughput to 1,00…
Junior picks up properties
Newcomer Cerro Dorado (CDCH-O) has signed a letter of intent to acquire a controlling stake in three gold properties in northern Chile from Fremont Gold (FGLD-O).Financial pressures forced Fremont to …
LETTER TO THE EDITOR — Bill C-48 jeopardizes marine resources
Bill C-48 proposes to create marine parks in Canadian waters and will affect access to fishing, hydrocarbons and minerals in our seas. It died during the last session in Ottawa but reportedly is about…
PEOPLE — EuroZinc (October 25, 1999)
J.E. Fletcher appointed director.
PEOPLE — Eldorado (October 25, 1999)
P.N. Wright appointed president and CEO.
Northgate buys Kemess
The Kemess gold mine in northern British Columbia, the last remaining asset of defunct Royal Oak Mines, has been sold at last.Northgate Exploration (NGX-T) has agreed to take on the mine and keep it o…
Glamis sees higher production in 2000
By fully integrating the three mines it acquired from its recent merger with Rayrock Resources, as well as additional production from the new San Martin mine in Honduras, Glamis Gold (GLG-N) expects t…