News


LME WHSE LEVELS (April 12, 1999)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at April 6/99 (change from Mar. 30 in brackets):MetalStocks(tonnes)Change…


Placer completes Western Areas deal

Vancouver-based major Placer Dome (PDG-T) has completed its joint-venture agreement with South Africa’s Western Areas for a 50% operating interest in the South Deep deposit, situated in the Witwatersr…


Construction resumes at Las Cristinas gold project

After several years of delay due to litigation, Placer Dome (PDG-T) has resumed construction on the Las Cristinas gold mine in the Kilometre 88 region of southeastern Venezuela.The US$575-million proj…


Meetings (April 05, 1999)

April 7, Band OreApril 8, BrascadeApril 8, Western Pacific MinApril 8, WinspearApril 9, AuspexApril 9, Mount HopeApril 9, NovawestApril 9, TellisApril 12, Western PacificApril 13, Blue GoldApril 13, T…


Crown Jewel work held up on technicality

In an surprise move, the U.S. Department of the Interior and the Department of Agriculture have rejected a plan of operations for the Crown Jewel gold project in northeastern Washington state.In rejec…


Medinah drilling hits in Chile

Drilling at the Alto de Lipangue gold-copper project in central Chile is returning long intervals of significant mineralization for Medinah Energy (MDIN-O).The 5,000-ha prospect, situated in the coast…


IMF chief backs gold sale to aid poor countries

Michel Camdessus, managing director of the International Monetary Fund (IMF), is the latest to show his support for a plan to sell nearly 10 million oz. of gold to help debt-ridden poor countries.The …



Energold’s Longyear concession takes shape

Drilling has enabled Energold Mining (EGD-V) to trace mineralization over a vertical interval of about 100 metres at its Longyear gold property in the Dominican Republic.The Vancouver-based junior rec…


British firm fights Kazakstani court

The second round of a legal dispute between Kazakstan and Britain’s Trans World Group has begun in a London courtroom.The dispute began in November 1998 when Kazakstan’s Supreme Court ruled that in 19…



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