PEOPLE — CONS. GRANBY (January 19, 1998)
William T. Cohan appointed director and vp operations.
News
PEOPLE — CONS. AGARWAL (January 19, 1998)
Donald A. Lyons appointed director.
Queenston drilling extends Anoki zone
Recent drill results have proven the Anoki gold deposit near Kirkland Lake, Ont., to be larger than previously thought.Operator Queenston Mining (QMI-T) recently released results from two new drill ho…
Leach tests return unexpectedly high values for Northern Crown
Column leach tests have returned higher-than-expected values from Northern Crown Mines’ (NCW-T) Guadalupe de los Reyes project in Mexico.The metallurgical testwork, which was performed by McClelland L…
Dark days for Russian coal mines — Privatization not a quick fix for ailing industry
The Russian government has announced that it will sell or close about one-third of its operating coal mines in 1998 in an effort to unload unprofitable operations and encourage the privatization of th…
GREATEST VALUE TRADED, Jan 7-13
ExchgVal($000s)HighLowCloseChangeBarrick GoldT170…
Juniors consolidate Portuguese interests
International Vestor Resources (IVS-V) has arranged with joint-venture partners Redfern Resources (RFR-T) and Cumberland Resources (CBD-T) to increase its interest in the Aljustrel Mining complex in s…
Phelps Dodge and Silver Century continue work at Stoke property — Silver C explores remaining Ontario and Quebec prospects
Operator Phelps Dodge (PD-N) and joint-venture partner Silver Century Explorations (SVC-A) have resumed drilling at their Stoke and Ascot copper properties northeast of Sherbrooke, Que.The current exp…
Vista unwinds hedge to improve cash position
Vista Gold (VGZ-X) has improved its cash flow by unwinding its gold hedge and suspending mining operations at the Hycroft gold mine in Nevada.The company liquidated its hedging position, which had cov…
DIAMOND NEWS ROUNDUP — New discovery in Sweden
Vancouver-based Poplar Resources (PPX-V) has signed an agreement with two prospectors who are reported to have made the first-ever diamond discovery in Sweden.The diamonds were found in a till boulder…
LETTER TO THE EDITOR — World’s governments can’t print gold
The comments made by David Gulley (“An historic juncture for gold,” T.N.M., Jan. 5-11/98) provide useful ammunition for those of us trying to persuade skeptics that gold has not had its day. Quite the…
EDITORIAL — Local residents defend mine proposal — Who CARES? Atlin does
The small community of Atlin, perched in a remote corner of northwestern British Columbia, was established in 1898 during the Klondike gold rush. Gold seekers, on their way to Dawson City, were divert…