High grades add to Edwards’ potential
High-grade gold is always a boon to a producing mine, as appears to be the case for VenCan Gold (VCG-M), which owns the Edwards gold mine near Wawa, Ont.The underground mine is operated by River Gold …
News
Etruscan hits gold at Datambi property
Junior Etruscan Resources (EET-T) has received encouraging results from reverse-circulation drilling at its Datambi permit in eastern Burkina Faso.The first 17 holes of a 2,000-metre program that test…
Index (August 10, 1998)
CareersClassifiedCommentaryDiamond PageDrillersEarningsEditorialInsider TradingInvestment CommentaryMarket PlaceMetal PricesMining Markets and Investment NewsNew HorizonsPeopleProfessional DirectorySt…
Cambior achieves record gold production
Montreal-based Cambior (CBJ-T) enjoyed a solid second quarter, thanks in large part to strong performances from its Doyon and Omai gold mines.For the 3-month period ended June 30, the company posted r…
North options gold property
Australian-based North Ltd. intends to acquire up to a 70% interest in the Tanda gold project in eastern Ivory Coast.The company can earn an initial 60% stake in the 832-sq.-km property from Golden St…
Denison earnings tumble
Uranium and oil producer Denison Mines (DEN-T) saw its second-quarter earnings dramatically reduced as a result of lower oil output and prices.For the three months ended June 30, Denison earned $2.4 m…
Meetings (August 10, 1998)
Aug. 10, EdenAug. 10, LayfieldAug. 10, Newcoast SilverAug. 10, Upton CopperAug. 11, Canadian ShieldAug. 11, TuscanyAug. 11, ZorinAug. 12, EastonAug. 13, AMI Res.Aug. 13, GoldzoneAug. 13, KenrightAug. …
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS –Mining index pummelled as western markets slide
The Vancouver Stock Exchange composite index continued its slide into bear territory, losing 10.61 points, or 2.2%, to close at 478.36 over the holiday-shortened report period ended Aug. 4. The mining…
Regal buys into Kiglapait
Junior Regal Goldfields (REGL-C) has formed a joint venture with privately owned Tagalder, enabling the former to earn up to a 75% interest in the Kiglapait nickel-copper-cobalt property in northern L…
DIAMOND PAGE — Intertech, Kennecott form JV in NWT
Kennecott Canada Exploration has entered an agreement with Intertech Minerals (IML-V) to earn a 60% interest in the Afridi Lake diamond property, 320 km northeast of Yellowknife, N.W.T.Previous work o…
Lease could be withheld: Rowat — Deputy minister says Tobin may deny lease for Voisey’s Bay
The chief negotiator for the Newfoundland government says Inco (N-T) may face the denial of a mining lease for the Voisey’s Bay project in Labrador if it does not agree to build a smelter and refinery…
Antares starts prefeasibility study at Ojolali
Junior Antares Mining & Exploration (ANZ-T) has begun a prefeasibility study of the Jambi zone at its Ojolali gold property in southern Sumatra, Indonesia.Fifty-eight infill holes will be drilled on 2…