Newmont adds mines to portfolio
Though far from being the largest mine in Newmont Gold’s (NGC-N) sizable portfolio, the La Herradura mine in northern Mexico has poured its first gold and is expected to produce an average of 150,000 …
News
Atna outlines Wolf
Drill results from the Wolf property in southeastern Yukon have returned significant widths of banded zinc, lead and silver massive sulphides.Atna Resources (ATN-T) is earning a 65% interest in the pr…
Novagold drills Shotgun
Two holes at the Shotgun property in southwestern Alaska have returned long mineralized intersections for Novagold Resources (NRI-T).The holes were drilled vertically into a large rhyolite porphyry bo…
SUPPLIERS NEWS ROUNDUP — Blast course set for Reno
A short course on blast design and assessment will be held Oct. 1-2 at the Hilton Hotel in Reno, Nev.Sponsored by consulting firm Golder Associates, the course will provide an overview of basic blasti…
Panels set for Voisey’s Bay development
An environment assessment panel has announced that public hearings will be held to review the proposed development of a mine and mill at the Voisey’s Bay base metal deposit in Labrador.The hearings, w…
GUEST COLUMN — Setting the pace for the future
The author is vice-president of economic affairs at the Mining Association of Canada. He has written this article at the request of Mining Works for Canada, an organization designed to increase awaren…
MINING MARKETS & INVESTMENT NEWS – INVESTMENT COMMENTARY — Bulyanhulu viewed as robust despite weak gold prices
Michael Westcott, mining analyst for Goepel McDermid Securities, believes the Bulyanhulu gold deposit in Tanzania’s Lake Victoria Goldfields region will transform Sutton Resources (STT-T) into a low-c…
GOLD FUNDS (August 17, 1998)
Gold Funds as of Aug. 6, 1998BGRCentralNet Value$13.47$6.18Price$10.20$5.
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Western markets still spooked by Asia’s economic woes — International Taurus, Sur American among few to buck downward trend
The Vancouver Stock Exchange composite index took a nosedive during the report period ended Aug. 11, dropping 21.87 points, or 4.6%, to finish at 456.49. The mining index followed suit, plummeting 20….
Gitennes proves up deposit
Determined to define reserves to a minimum vertical depth of 150 metres, Gitennes Exploration (GIT-A) is pulling encouraging results from underground drilling at the Virgen property in northwestern Pe…
Gold Fields evaluates stake in Eldorado
Based on an ongoing review of assets, Gold Fields is debating whether or not to hold on to its 40% equity interest in Eldorado Gold (ELD-T).At presstime, Eldorado’s shares were trading at about 45 cen…
Armada and Leader in merger talks
Leader Mining International (LMN-A) has entered into talks with Armada Gold (AAU-T) for a possible merger of the two companies. However, an agreement is by no means imminent.Following an announcement …