Aur gets green light for Zaldivar purchase
Placer Dome (PDG-T), half-owner of the Zaldivar copper mine in Chile, will not exercise its right of first refusal on the remaining half-interest, currently being sold by Outokumpu’s base metals subsi…
News
Jonpol, Ft. Knox to JV Newfoundland prospect
Two Toronto-listed junior companies are joining forces to explore a gold prospect on the Avalon Peninsula in Newfoundland.An agreement between Jonpol Explorations (JON-T) and Fort Knox Gold (FNX-T) le…
TSE INDICES (January 11, 1999)
1999Jan. 5Jan. 4Jan. 1Dec. 31Dec. 30HighLowCompos…
William woes heighten
Beleagured William Resources (WIM-T) continues to swim in troubled waters, with the company’s latest woes arising from the default on a US$6.3-million loan.The loan is tied to William’s Bjorkdal gold …
Problems at Moris gold mine take toll on Manhattan Minerals
Heavy rains and lower-than-expected gold recoveries are being blamed for a third-quarter production shortfall at the Moris mine in Mexico’s Chihuahua state.Manhattan Minerals (MAN-T) reports that the …
DIAMOND PAGE — Merger back on track
The directors of both Lytton Minerals (LTL-T) and New Indigo Resources (NDR-A) have approved the amalgamation of the two companies under the name Tahera Corp.New Indigo shareholders will receive 2.4 s…
Index (January 11, 1999)
CareersClassifiedDrillersEditorialGeology 101Insider TradingLetters to the EditorMarket PlaceMetal PricesMining Markets & Investment NewsObituaryOdds’n’SodsPeopleProfessional DirectorySto…
Companies (January 11, 1999)
AfriOreAgnico-Eagle MinesAlberta EnergyAnglo AmericanArgentina GoldAshton Mining of CanadaAur ResourcesBarrick GoldCanadian Hunter ExplorationComaplex MineralsDe Beers Consolidated MinesEde…
Careers (January 11, 1999)
Wabush Mines has immediate openings at the site of its open pit and ore dressing complex in Wabush, Labrador, for the following:Mechanical Coordinator (Concentrator)Reporting to the Section Manager, C…
Shareholders urged to reject Barrick — Argentina Gold pins hopes on ‘novel type of gold deposit’ (January 11, 1999)
The directors of Argentina Gold (ARP-V) have told the company’s shareholders not to tender their shares to Barrick Gold (ABX-T), stating that the major’s takeover bid is “inadequate, opportunistic and…
MK Gold picks up Carlin-style project (January 11, 1999)
Salt Lake City-based MK Gold (MKAU-Q) has inked a joint-venture agreement with Phelps Dodge (PD-N) to explore the Diamond Valley property in northern Nevada.The junior can earn an 80% interest in the …
OBITUARY — Dennis Prince (January 11, 1999)
Geologist Dennis Prince, director of exploration projects for Falconbridge and a vice-president of the Prospectors and Developers Association of Canada (PDAC), has died. He was 52.Born in Newfoundland…