Seahawk finds emeralds at property in Brazil
Seahawk Minerals (SKM-V) reports that preliminary drilling at the Piteiras property in Brazil’s Minas Gerais state has encountered emeralds.Two of four holes drilled into high-grade metamorphic rocks …
News
Juina produces diamonds
Juina Mining (GEMM-O) has started producing alluvial diamonds at its namesake operation in southwestern Brazil, with buyers already lined up for initial shipments.The company holds mining rights to 2,…
NEWS ROUNDUP — Farallon settles dispute with Torok
A longstanding legal dispute between Farallon Resources (FAN-T) and John Torok has been settled.Last summer, the Supreme Court of British Columbia dismissed Torok’s claims in the province and awarded …
Thundermin nabs Duck Pond
Junior Thundermin Resources (THR-T) has reached a deal with Noranda (NOR-T) to acquire the Duck Pond polymetallic property in central Newfoundland.Comprising 11,796 ha and situated 30 km southeast of …
PEOPLE – Greenstone
Allen Gordon appointed director and interim chairman.
PEOPLE — Golden Star (March 15, 1999)
James Askew appointed president and CEO.
MINING MARKETS & INVESTMENT NEWS – QUERY — Two companies named St. Maurice, both gone
I’m searching historical archives about the St-Maurice Mining Company, which exploited concessions in Preissac Twp., Abitibi, Quebec, in 1916-21 and 1943-44. Is there a place where I can find this inf…
MINING MARKETS & INVESTMENT NEWS – INVESTMENT COMMENTARY — Analysts see silver lining in Pan American
Pan American Silver (PAA-T) is the premier pure silver play on the Toronto Stock Exchange, says Barry Cooper, mining analyst with CIBC Wood Gundy.The company offers strong growth that is highly levera…
GOLD FUNDS (March 15, 1999)
Gold Funds as of March 4, 1999BGRCentralNet Value$13.955.98Price$9.65$5.9…
Ashanti puts Geita on fast track
Construction is under way at Ashanti Goldfields’ (ASL-N) Geita gold project in the Lake Victoria Goldfields region of western Tanzania.Situated 90 km southwest of Mwanza, the open-pit mine will exploi…
EXPLORATION 1999 – SouthernEra readies Yamba Lake for drilling
SouthernEra Resources (SUF-T) has begun a high-resolution airborne magnetic and electromagnetic geophysical survey over the Yamba Lake property, 45 km north of the Ekati mine in the Northwest Territor…
EXPLORATION 1999 – Kirkland Lake camp attracts juniors
Even though production in the Kirkland Lake camp is now limited to the Macassa mine and Lake Shore tailings projects of Kinross Gold (K-T), persistent junior companies and a lively body of independent…