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News
Brewery Creek shines
The Brewery Creek gold mine in the Yukon has been performing better than its owner, Viceroy Resource (VOY-T), expected.The open-pit, heap-leach mine produced 79,396 oz. in 1998 at a total cash cost (i…
Major drills Murgor’s ground
Another round of drilling by Battle Mountain Gold (BMG-N) will test Murgor Resources’ (MUG-M) Mishi Creek gold property in the Mishibishu area of northwestern Ontario.The 1999 program, scheduled to be…
Electra finds rocky road at Rambler
The unfavourable results of a due diligence review by a potential partner have prompted Electra Gold (ELT-V) not to proceed with the Rambler tailings project in the Baie Verte region of Newfoundland.T…
NEWS ROUNDUP — BYG suspends mining Mt. Nansen
Milling and mining operations have ceased at the Mt. Nansen gold-silver mine, 120 miles north of Whitehorse, Y.T.Operator B.Y.G. Natural Resources (BYG-T) was told to close the mine by the water resou…
Viceroy extends mineralized zone at Gualcamayo
Junior Viceroy Resource (VOY-T) is encouraged by further results of reverse-circulation drilling at its Gualcamayo project in Argentina’s San Juan province.The 1,400 metre, 9-hole program was designed…
Driefontein, Gold Fields launch complex merger transaction
A reverse-takeover deal between Driefontein Consolidated (DRFNY-Q) and parent company Gold Fields (GDFDY-O) is the final step in a complex series of transactions aimed at quelling confusion over the o…
Index (March 01, 1999)
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Boards OK merger of Repadre with Golden Knight
The terms of a proposed merger between Repadre Capital (RPD-T) and Golden Knight Resources (GKR-T) are fair to the minority shareholders of Golden Knight, according to study by investment banking firm…
NEWS ROUNDUP — Scintilore gains ground in N.B.
Scintilore Explorations (SLP-T), best known for a longstanding lawsuit against two prospectors who staked the Hemlo gold discoveries, has staked some ground of its own, in New Brunswick.The Toronto-ba…
Mazarin posts modest loss
The building slowdown in Asia has hindered the bottom line of Mazarin Mining (MAZ-T). The diversified minerals producer holds an indirect stake in LAB Chyrsotile, which sells 65% of its Quebec asbesto…
Wheaton eyes George Lake
The George Lake gold project, near Bathurst Inlet, N.W.T., has caught the eye of Wheaton River Minerals (WRM-T).The Toronto-based junior recently bought another 5.4 million shares in project-owner Kit…