Lac Rocher property picture begins to clear
Staking around the Nuinsco Resources (NWI-T) nickel-copper discovery near Lac Rocher, Que., is continuing, as option deals are being signed on properties in the region, about 120 km northeast of Matag…
News
EDITORIAL & OPINION — ODDS ‘N’ SODS — Mr. Sandman
While prospecting near Lake Abitibi in Ontario in 1963, I had an odd experience involving a so-called gold mine.In order not to have any problems with thieves while I was prospecting, I would park the…
A tale of two MKs
This letter is in regard to the article “MK Gold picks up Carlin-style project,” (T.N.M., Jan. 11-17/99). Your article erroneously referred to MK Gold as “MK” numerous times.Please be advised that the…
PEOPLE — America Mineral Fields (February 22, 1999)
Timothy Read appointed president, CEO and director.
PEOPLE — Buddha Res. (February 22, 1999)
Glen McDonald appointed director.
Sterlite invests in First Dynasty
A US$7.5-million private placement by Sterlite Industries will enable First Dynasty Mines (FDM-T) to shore up its treasury and fund its projects in Armenia.The Singapore-based company currently produc…
Dayton retains advisor
Dayton Mining (DAY-T) has retained Nesbitt Burns as its financial advisor, partly in order to determine whether any restructuring of the terms of its convertible debentures is warranted.Despite the ap…
No need for concern over Tarkwa production
The recent article “Golden Knight, Repadre Capital tie knot” (T.N.M., Jan. 25-31/99), regarding the proposed acquisition of Golden Knight by Repadre Capital, contained the statement that Golden Knight…
Drilling expands prospect
Turkey’s ambivalence over the use of cyanide in mining hasn’t impeded exploration at the Yenipazar polymetallic project, a joint venture involving Anatolia Minerals Development (AMCD-C) and Rio Algom …
Conferences offer grab bag of mining topics
Mining in the 21st century will be the focus of a conference in Arequipa, Peru, from Sept. 6 to 10.Entitled “Mining: Challenges of the Third Millennium” and sponsored by the Institute of Mining Engine…
Aurizon boosts reserves at Quebec mines
For the fifth consecutive year, exploration has enabled Aurizon Mines (ARZ-T) to increase proven and probable reserves at its Quebec mines.After replacing record production of 56,291 oz. in 1998, Auri…
PEOPLE — Central Minera
Damien Reynolds, Reinhard Siegrist and Eric Lavarack appointed directors.