Careers (October 19, 1998)
Svedala Industries Canada Inc.
News
Canarc deals Mexican option to Noranda
Canarc Resource (CCM-T) has agreed to a $312,000 private placement financing with a major shareholder.The financing consists of 780,000 shares at 40 cents each and 390,000 warrants, exerciseable at 60…
Bresea merger on hold
A takeover offer from MacDonald Mines Exploration (MMP.A-A) that would have seen a merger with moribund Bresea Resources has been scotched by Bresea’s receiver, Pricewaterhouse Coopers.MacDonald offer…
Argentina Gold reports hot holes at Veladero gold-silver property in San Juan
Argentina Gold (ARP-V) has pulled some impressive results from its Amable target, part of the Veladero project in the western province of San Juan.Analysis of the first 182 metres of hole 79 indicated…
Sikaman expands exploration portfolio
Toronto-based Sikaman Gold Resources (SKG-T) has expanded its domestic exploration portfolio by optioning three base metal properties in central and eastern Canada.In the Rouyn-Noranda region of Quebe…
MOST ACTIVE ISSUES (October 19, 1998)
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Meetings (October 19, 1998)
Oct. 19, Arlington Oct. 19, Int’l CanAlaska Oct. 19, McWatters Oct. 19, Minorca Oct. 19, Tapajos Gold Oct. 19, White Swan Oct. 20, Bushman Oct. 20, CKD Ventures Oct. 20, Coast Falcon Oct. 20, Fancamp …
VenCan cuts Edwards lease
VenCan Gold (VCG-M) has announced it is terminating the lease under which River Gold Mines (RIV-T) operates VenCan’s Edwards gold mine northeast of Wawa, Ont.Under the terms of the lease, VenCan recei…
INDUSTRIAL MINERALS — Granigroupe ready to sell holdings to Pender Capital — Quebec operations join B.C. quarries
Privately held Granigroupe has reached a preliminary agreement with Pender Capital (PNL-A) to sell its industrial-minerals holdings, including 15 building-stone quarries.Quebec-based Granigroupe, whic…
Andacollo tops 25,000 oz.
The Andacollo gold mine in central Chile produced a record 25,076 oz. at a cash operating cost of US$226 per oz. for the quarter ended Sept. 30, reports Dayton Mining (DAY-T).”The management of Dayton…
Lihir to produce less gold
Vengold (VEN-T) has been advised by Papua New Guinean-based Lihir Gold (LIHRY-Q) that the amount of gold expected from the Lihir mine this year has been reduced to 530,000 oz.The 70,000-oz. shortfall …
PEOPLE — Polymet (October 19, 1998)
Peter Steen and George Brazier appointed directors.