PEOPLE — IMA Expl.
Gerald Carlson appointed director and chairman.
News
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow hits all-time high
The Dow Jones industrial average shot to an all-time high of 9,736.08 points in the middle of the report period ended March 9, only to fall off to finish the week at 9,693.76, up 396.15 points, or 4.3…
EXPLORATION 1999 – Corner Bay advances Alamo Dorado in Mexico — Infill drilling planned for potential silver producer
Eighteen months ago, while scouting around Mexico’s Sonora state, Corner Bay Minerals (BAY-T) noticed what appeared to be a mineralized ridge on an unexplored property near the town of Alamos. The jun…
Nuinsco resumes drilling — Noranda, Falco pick up ground
The eyes of the junior market are back on Nuinsco Resources (NWI-T) as the company resumes drilling at its Lac Rocher nickel prospect, 100 km northeast of Matagami, Que.Nuinsco has established its cam…
EXPLORATION 1999 — General Minerals drills iron project in Chile
At the Imam iron prospect in central Chile, General Minerals (GNM-T) has begun drilling the first of five holes designed to test a new geological interpretation.The Iman anomaly was first discovered b…
EXPLORATION 1999 — Celtic stakes more Newfoundland ground
Convinced of central Newfoundland’s mineral potential, Celtic Minerals (CME-A) has staked 111 more claims.The Alberta-based junior already owns varying interests in 10 properties in the region. Six of…
EXPLORATION 1999 — Senior producers bulk up with mega-projects — Antamina, Pascua among properties with large-scale promise
The pressure to expand is prompting senior mining companies to seek out huge, low-cost orebodies that will give them a leg up on their competitors.Around the world, Canadian miners are pumping hundred…
EXPLORATION 1999 – Minco drills beneath Chinese producer — Junior hopes for rapid development at low capital costs
Partners Minco Mining & Metals (MMM-T) and Teck (TEK-T) are encouraged by results from four diamond drill holes on the White Silver Mountain polymetallic project in Gansu, a province in north-central …
Tailings accident was avoidable: study
An independent consulting firm has concluded that design and construction deficiencies contributed to the failure of the Aznacollar tailings dam owned by Boliden’s (BOL-T) Spanish subsidiary, Boliden …
Glamis completes Rayrock merger
The Toronto staff of Rayrock Resources (RAY-T) are clearing out their desks and heading to Reno, Nev., now that the company has been acquired by Glamis Gold (GLG-T).Glamis issued 29.3 million shares a…
Production ends year with a whimper
Canadian production of primary and refined copper, primary nickel, gold, silver, primary lead, primary and refined zinc, and iron ore was down between December 1998 and December 1997.However, refined …
EDITORIAL & OPINION – PERSPECTIVES — The mine at the top of the world
For a remotely situated operation that was expected to produce for only 12 years, the Nanisivik zinc mine has demonstrated that staying power is possible even in the High Arctic.The mine, situated on …