Greenstone busy in Latin America
Southern-oriented Greenstone Resources (TSE) predicts that, within the next few years, it will be operating three Latin American gold mines. What’s more, each mine will have reserves in excess of 1 mi…
News
ODDS’N’SODS — Feeling no pain in Red Lake, Ont.
Prospector Sandy McIntyre discovered and staked the McIntyre Porcupine mine in Timmins, Ont., in 1909. Seventeen years later, he joined the Red Lake gold rush, entering town on snowshoes from the rail…
STOCK MARKETS — TSE 300 makes gains as profit-taking ensues
Strength in the TSE 300 composite index accumulated in the early part of the report week ended July 18, as the leading index broke through the 4,700-point level, setting a record for the fourth consec…
Goldstream mill temporarily down
Milling operations at the Goldstream copper-zinc mine near Revelstoke, B.C., have been temporarily suspended to allow underground development to advance.Partners Goldnev Resources (VSE) and Imperial M…
Dakota reopens Stibnite mine
The Stibnite gold mine in Idaho has resumed operation, following approval from the National Marine Fisheries Service (N.M.F.S.).The open-pit, heap-leach operation is owned by Dakota Mining (TSE), whic…
EDITORIAL PAGE — The Yellowknife strike revisited
The labor dispute that divided the community of Yellowknife, N.W.T., and ended in the 1992 murder of nine miners at the Giant gold mine, is the subject of several books, either published or in progres…
Meetings (July 17, 1995)
MeetingsJuly 24, Capco July 24, Fleck July 25, Archangel July 25, Atlantic Industrial July 25, Austin Mines July 25, Firesteel July 25, Sterling Pacific July 25, Viceroy July 26, Belmont July 26, Dunl…
Glamis extends Eldorado offer
The battle for control of Eldorado (TSE) shows little sign of letting up.Glamis Gold (TSE), which launched a takeover bid for the Bermuda-based company in early June, has extended the deadline for its…
Joutel will sell units to fund Cuban exploration prospects
In order to finance further exploration of its Cuban holdings, Joutel Resources (TSE) will sell up to 12 million units at 30 cents each for gross proceeds of up to $3.5 million. Each unit consists of …
COMMENTARY — Growth potential seen in Venezuelan mining sector
In 1993, the international mining investment community committed more than $200 million to Venezuela. Since then, uncertain political and financial circumstances have caused investors to become wary, …
LETTER TO THE EDITOR — Haileybury history is in the works
For the past two years, I have been researching material regarding the history of the Haileybury School of Mines in northeastern Ontario. It is my intention to write a book on the history of this reno…
DIAMOND NEWS ROUNDUP — Tradewinds encouraged at Drybones
Initial caustic fusion tests on drill core from the Drybones Bay kimberlite pipe near Yellowknife, N.W.T., have so far uncovered six macrodiamonds.The tests were carried out on 10 samples which were t…