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News
Namibian upgrades resource
Marine diamond miner Namibian Minerals (NMR-T) has upgraded resources in two zones at its Luderitz Bay mining licence, off the coast of Namibia.Measured and indicated resources in adjoining “features”…
Companies (July 05, 1999)
Aegean GoldAgnico-Eagle MinesAnglogoldAsarcoAthlone MineralsAthlone ResourcesAurizon MinesBarrick GoldBattle Mountain GoldBema GoldBlack Hawk MiningBolivar GoldfieldsBroken Hill Proprieta…
DIAMOND PAGE — Monopros, GMD team at Royce claims
Based on data from till sampling and geophysical surveys on the Royce Group diamond claims in the Northwest Territories, Monopros has decided to enter into a joint-venture agreement with GMD Resource …
Great Basin raises funds for Nevada exploration
Hunter-Dickinson-led Great Basin Gold (GBG-V) has retained the investment firm Haywood Securities to complete a $6-million financing, which will incorporate a previously announced $1-million placement…
Royal sizes up gold deposit
Following 18,000 metres of reverse-circulation drilling at the Milos gold project in Greece, Royal Gold (RGLD-Q) has reported a resource of more than 900,000 oz.Denver-based Barnes Engineering Service…
Careers (July 05, 1999)
PricewaterhouseCoopers – Join us. Together we can change the world.PricewaterhouseCoopers (http://www.pwcglobal.com) is the world’s largest professional services organization. Drawing on the knowledge…
Agnico-Eagle poised to triple production
Agnico-Eagle Mines (AGE-T) is proceeding with plans to boost daily production at its Laronde gold mine in Quebec to 5,000 tons.In the mid-1990s, the company discovered extensive gold-silver-copper-zin…
TVX-Normandy JV gets thumbs-up
TVX Gold (TVX-T) and Normandy Mining (NDY-T) have formed a joint venture to explore for gold in the Americas.The partnership, announced in April (T.N.M., May 3/99), sees the creation of TVX Normandy A…
Newmont Mining follows Yamana Resources to Paraguay
Newmont Mining (NEM-N) has signed an agreement with Yamana Resources (YRI-T) to begin exploring for gold in Paraguay.The major will spend US$5 million over six years to earn a 70% interest in the Para…
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Canadian spending drops
Final figures for 1997 show that exploration and deposit appraisal expenditures in Canada totalled $820.2 million, compared with $894.8 million in 1996, a drop of nearly $75 million.According to Natur…
Kvaerner to upgrade Thompson copper facilities
The engineering and construction arm of London-based Kvaerner has been awarded a $9-million contract to upgrade the copper production facilities at Inco’s division in Thompson, Man.The 3-stage project…