1998


COMMENTARY/GORDON PEELING

Marking mining milestonesThis year marks a milestone for the Canadian mining industry — it is the 100th anniversary of both the Yukon gold rush and the founding of the Canadian Institute of Mining, M…


Indo Pacific trenching exposes showing

The East Indies may no longer be a trendy destination for Canadian junior companies, but their mineral potential is good enough that some persistent explorers are still working quietly on solid projec…




La Manchuria assays lower than anticipated

Assay results from the last five holes drilled on the Manchuria gold-silver property in Argentina did not match results from hole LM-2, Abacus Minerals (AMC-V) has reported.Hole LM-3 intersected 24.1 …




Anglo options Barrick’s African properties

In a move its chairman described as “pulling in our horns,” Barrick Gold (ABX-T) has dealt options on its West and Central African gold projects to South African-based mining house Anglo American.The …


Richmont enjoys superb quarter

More gold at lower costs, is the simple explanation behind Richmont Mines’ (RIC-T) stellar performance in the first quarter of 1998.The Rouyn-Noranda, Que.-based gold miner earned $961,975 (or 6cents …


Drills turn at Hackett River

Drilling is under way at the Hackett River base metal project near Bathurst Inlet, N.W.T., reports Etruscan Resources (EET-T).The 7,500-metre program, scheduled for completion by the end of August, wi…


World Wide launches Kazakstan lawsuit

As threatened last fall, Toronto-based World Wide Minerals (WWS-T) and Denver-based uranium trader Nuclear Fuel Resources have initiated legal action against the Republic of Kazakstan in the United St…


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