Franco, Euro declare dividends — again
With a new mine in production and bright profit pictures despite bad times for gold, Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) have declared dividends, making an unbroken 11 years of d…
News
EXPLORATION 1999 – Azimut finds gold in Quebec
The Cadillac Break is still gold country for Azimut Exploration (AZM-M), which recently finished drilling campaigns on two gold prospects in northwestern Quebec.Azimut’s Malartic property was the scen…
DIAMOND PAGE — Ashton finds five kimberlites in Alberta
With two-thirds of the 1999 winter drill program now complete, Ashton Mining of Canada (ACA-T) reports it has discovered five new kimberlites in the Buffalo Hills region of north-central Alberta.Initi…
EXPLORATION 1999 – Laguna determined to be largest producer in Costa Rica
Intent on becoming the largest gold producer in Costa Rica, Laguna Gold (LGC-T) is making rapid progress in building its Rio Chiquito mine, The company mobilized contractors in November 1998 and began…
Cornerstone options Newfoundland ground to major
A major copper producer plans to explore the Princess property on Newfoundland’s Bonavista Peninsula for its potential to host volcanic red-bed copper and/or epithermal porphyry copper-gold mineraliza…
EXPLORATION 1999 – Lac Nadeau drilling to start
Canspar Resources (CSZ-M) has identified drill targets at the Lac Nadeau property in northern Quebec.The Laval-based junior is testing a magnetic anomaly coincident with surface samples that carry hig…
EXPLORATION 1999 – Stratabound nabs ground
Stratabound Minerals (SB-A) has dramatically increased its land position in Mexico’s Coahuila state by acquiring the Monarca polymetallic property.Monarca covers 35,000 ha of ground between the compan…
DIAMOND PAGE — De Beers strikes deal to buy Canadian diamonds
De Beers Consolidated Mines (DBRS-Q), through Swiss-based De Beers Centenary, has reached an agreement-in-principle with BHP Diamonds to buy 35% of run-of-mine production from the Ekati diamond mine i…
Moss to drill Quebec prospect
Drilling by Moss Resources (MRS-T) will test a newly outlined polymetallic showing at the Duval-Boudreault property near Val d’Or, Que. The program, scheduled to begin in late March, will also test ne…
EXPLORATION 1999 — Diamonds evaluated at Harry Oppenheimer House
Having reached a watershed diamond-marketing agreement, SouthernEra Resources (SUF-T) and De Beers Consolidated Mines (DBRS-Q) are putting aside their past differences in the name of pragmatism.Under …
Sutton, Barrick review mine plans at Bulyanhulu
Barrick Gold’s (ABX-T) proposed takeover of Sutton Resources (STT-T) has forced a change in management at the latter’s Bulyanhulu gold project in Tanzania.The current project manager, Placer Dome Tech…
EXPLORATION 1999 – Virginia confirms potential at La Grande prospects — Junior pioneers exploration in remote regions of Quebec
Drilling by Virginia Gold Mines (VIA-M) at projects in far northern Quebec has confirmed mineralization at depth below several mineralized showings.At Virginia’s La Grande Sud project, between the LG2…