Devco deposits not exactly mines
In your editorial “The Devco Disaster” (T.N.M., Feb. 8-14/99), you fell into the same trap that generations of Cape Bretoners have. I believe that you mistakingly referred to the underground Prince an…
News
MINING MARKETS & INVESTMENT NEWS – First Marathon settles final Cartaway hearing
First Marathon Securities has agreed to donate $450,000 to the Mineral Deposit Research Fund (MDRU) at the University of British Columbia and pay $50,000 in investigative costs as part of its final se…
EDITORIAL & OPINION — NEW HORIZONS — Lasers simplify hallmarking
For more than two years, the Birmingham Assay Office investigated the possible application of laser technology in the marking of jewelry and similar products. This marking process is called hallmarkin…
PEOPLE — Newmont Mining (February 15, 1999)
Robert Miller, James Taranik and Robert Quenon appointed directors.
GOLD FUNDS (February 15, 1999)
Gold Funds as of February 4, 1999BGRCentralNet Value$13.936.06Price$9.40$…
Companies (February 15, 1999)
Akrokeri-Ashanti Gold MinesAllied ResourcesArgentina GoldAscot ResourcesAtna ResourcesAur ResourcesBarrick GoldBattle Mountain GoldBema GoldBillitonBolidenBreakwater ResourcesCampbell Reso…
Newmont writes down assets
Low gold prices in the fourth quarter of 1998 forced Newmont Gold (NEM-N) to write down the value of the assets it acquired as a result of merging with Santa Fe Pacific in the previous year.The compan…
Energold’s expansion reflects stability in Dominican Republic
Having established its presence here more than a decade ago, Energold Mining (EGD-V) is continuing to focus on exploring for volcanogenic massive sulphide (VMS), porphyry copper-gold and epithermal go…
Barrick breaks records despite poor prices — President departs, bid for Argentina Gold goes by wayside
Thomas SchusterWhile many other producers are struggling to survive the lowest gold prices in two decades, Barrick Gold (ABX-T) turned in a stellar financial and operating performance for 1998, postin…
Yamana sizes up Lejano, North Bacon
Spokane-based Yamana Resources (YRI-T) is eager to resume drilling at its Lejano prospect in southern Argentina, following the release of a preliminary resource estimate.The company delineated 14.4 mi…
NEWS ROUNDUP — Kinross to explore near Timmins
A preliminary option agreement sets the stage for Kinross Gold (K-T) to explore and possibly purchase the Clavos gold property from United Tex-Sol Mines (UTX-A).To earn its interest, Kinross must spen…
MINING MARKETS & INVESTMENT NEWS – QUERY — Old Caramora leases held by Patrician
Does The Northern Miner have copies of annual reports for a company called Caramora Porcupine Mines Limited (John Pump, president)? This company was formed in 1945, and its charter was cancelled in 19…