PEOPLE — Broadlands
Rodney Samuels appointed director.
News
LETTER TO THE EDITOR — Mine still producing
The story “Junior eyes rare pegmatite,” (T.N.M., May 31-June 6/99) states that “the Tanco mine in Manitoba is currently processing only tailings.” This is incorrect. We last processed tailings in 1996…
Careers (June 21, 1999)
Wabush Mines has an immediate opening at the site of its open pit and ore dressing complex in Wabush, Labrador, for the following:Mining EngineerReporting to the Chief Mining Engineer, the mine engine…
NEWS ROUNDUP — Hornby Bay launches program
Having closed a $450,000 private placement to fund exploration, Hornby Bay Exploration (HBBY-C) has set up a 16-man camp and mobilized drilling equipment and supplies to the Mouse Lake camp near Kuglu…
Atna eyes Grayd’s Alaskan properties
Atna Resources (ATN-T) plans to join forces with Grayd Resources (GYD-V) to explore the latter’s Dry Creek and Anderson Mountain properties in the Bonnifield district of Alaska.To earn a 51% interest …
Romarco drills Goldfield
Having spent three years compiling a controlling land position in this historic district, Romarco Minerals (R-T) is now engaged in a drilling program aimed at outlining high-grade gold mineralization….
Bema looks to Russia for growth — Project financing plans geared toward Julietta gold mine
Undeterred by historic low gold prices, Bema Gold (BGO-T) remains committed to developing the high-grade Julietta gold-silver project in far eastern Russia.The company has completed an in-house re-eva…
Kinross throws in towel at Macassa
The Macassa mine in Kirkland Lake, long Canada’s deepest mine and still the country’s deepest gold mine, has closed its doors at the ripe age of 66.The mine’s operator, Kinross Gold (K-T), will contin…
Birim targets shallow oxides at Dunkwa
Shallow drilling by Birim Goldfields (BGI-T) at its Mampon gold deposit in Ghana has delineated areas of high-grade gold mineralization.The deposit is part of the Dunkwa concession. Birim had been par…
GREATEST VALUE TRADED (June 21, 1999)
ExchgVal($000s)HighLowCloseChangeAlcoa*N480069…
Hillsborough, Quinsam keep creditors at bay
Hillsborough Resources (HLB-T) and its 63%-owned subsidiary, Quinsam Coal, have been granted creditor protection by the Supreme Court of British Columbia.In a final attempt to restructure its debt, Qu…
Court ruling clears way for appeal in Karpa Springs fraud convictions
Based on new technical evidence brought forward by a Perth mining engineer, three West Australian prospectors have been granted the right to appeal their convictions in the Karpa Springs salting scand…