Companies (June 21, 1999)
Aber ResourcesAfcan MiningAltavista MinesAnglogoldAquest MineralsArchon MineralsArmistice ResourcesAtna ResourcesBattle Mountain GoldBema GoldBirim GoldfieldsBolivar GoldfieldsBroken Hill ProprietaryB…
News
NEWS ROUNDUP — Scossa to undergo reconnaisance
Partners Romios Gold Resources (RGRI-C) and BWI Resources (BWE-V) have begun exploring the Scossa gold property in north-central Nevada.The program will include mapping of the geology and all historic…
MOST ACTIVE ISSUES (June 21, 1999)
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NEWS ROUNDUP — Weak gold puts kibosh on project
Citing falling gold prices, Quebec-based Noveder (NED-M) has decided not to proceed with the Rambler and Ming West tailings project near Baie Verte, Nfld.Ming Minerals, 70% of which is owned by Easter…
Weak markets hamper Lenora
Weak gold markets have left Greater Lenora Resources (GEN-T) unable to fund this year’s plans for the Goldfields project in northern Saskatchewan.Early this year, Lenora reported that full-scale devel…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Base metals stir as yellow metal tests new lows
The Toronto Stock Exchange fell slightly over the period ended June 15, giving up modest gains made in the previous five trading days. The TSE 300 composite index was 71.88 points lower at 6,865.82, a…
CORRECTIONS (June 21, 1999)
A report, in our June 7 issue, on Major General Resources’ (MGJ-V) Hammerdown gold project contained incorrect information about the size of a recoverable gold resource. The Newfoundland project conta…
DIAMOND PAGE — Rio looks to French Guiana for diamonds
London-based Rio Tinto (RTP-N) has entered into an agreement with Guyanor Ressources (GRL.B-T) to explore for diamonds in central French Guiana.The major can earn up to a 70% interest in the Dachine d…
PEOPLE — Sterlingmarc Mining
Stuart Rogers, Thomas Wharton and Reginald Labonte appointed directors.
PEOPLE — Mongolia Gold
D.R. Webb, R.G. Sylvestre, Alan Tambosso and George Malby appointed directors.
PEOPLE — Glacier
Melvin Reeves appointed director.
PEOPLE — Future
John Arlitt appointed director.