PEOPLE — ARCHANGEL DIAMOND (February 16, 1998)
Timothy J. Haddon appointed president and director.
News
Blind River refinery sets safety record
For the past eight years, Cameco has operated its uranium refinery in Blind River, Ont., without once experiencing a lost-time accident.In late January, company officials recognized the achievement at…
CORRECTION (February 16, 1998)
The Northern Miner wishes to retract and clarify certain editorial comments referring to Delgratia Mining published in our Jan 5-11/98 issue.It was reported that an audit on Delgratia’s Josh property …
Placer picks up Fairbanks ground
Vancouver-based major Placer Dome (PDG-T) has augmented its holdings in Alaska by signing an agreement with Silverado Gold Mines (GOLDF-Q) to purchase the Ester Dome gold property in the Fairbanks dis…
Teck completes feasibility study at Petaquilla
The price of copper must rise before the Petaquilla copper project in Panama can be considered feasible, says Teck (TEK-T) President Norman Keevil.According to a bankable feasibility study commissione…
Minorca moves into Dayton Mining
For $16 million, Minorca Resources (MAR-T) has bought a 12.2% interest in Vancouver-based gold producer Dayton Mining (day-t) and moved into Dayton’s boardroom.Minorca purchased 5 million Dayton share…
Newmont budgets more work at True North
Newmont Mining (NEM-N) has proposed a 1998 exploration budget of US$3.6 million for continued work at the True North gold project in Alaska.The budget calls for US$2.1 million to be spent on engineeri…
NEWS IN BRIEF (February 16, 1998)
International Blue Gold (IBU-V) has changed its name to Buddha Resources (BUA-V) on a 1-new-for-2-old-share basis.
DIAMOND PAGE — Verena to explore in Brazil
Toronto-based Verena Minerals (VMCO-C) has acquired exploration rights to a producing diamond property in Brazil’s Minas Gerais state.The property comprises 20,000 ha of alluvial terraces, with minera…
GEOLOGY 101 — Carlin-type gold deposits, Part 2
Sediment-hosted gold deposits supply a significant amount of the world’s gold. Although only the western United States produces gold from such deposits, these structures are also found in China and Pe…
EDITORIAL — Voisey’s Bay becoming a political football — Inco on the ropes
Big corporations, politicians and lawyers are rarely on the receiving end of public sympathy.Inco, one of the world’s largest nickel producers, is no doubt feeling somewhat battered in its fight to ad…
FACTS ‘N’ FIGURES — Russia and PGM prices
Russian exports of platinum group metals (PGMs) are large and exceed domestic output. This is because PGMs from state reserves are also exported to provide finance for the state budget.The value of ex…