DIAMOND PAGE — De Beers aims drills at Gope
De Beers Consolidated Mines (DBRS-Q) has begun a mini-bulk sampling program at the Gope diamond prospect in Botswana, held by TNK Resources (TNKR-C).Thirty-eight large-diameter (8.5-inch) holes will b…
1998
MINERAL EXPLORATION — CASE STUDIES — Black Hawk develops local talent
The string of exploration successes at the Limon project in northwestern Nicaragua is more a function of personnel than of exploration techniques, according to mine owner Black Hawk Mining (BHK-T).”Th…
MINERAL EXPLORATION — CASE STUDIES — McVicar Minerals sets sights on Chinese potential
The notion, expressed by Kipling, that East is East and West is West is being increasingly challenged in today’s global economy. Indeed, the twain appear not only to be meeting but forming business de…
Golden Phoenix starts program
In an attempt to increase resources, Golden Phoenix Minerals (GPXM-O) has begun a 20-hole drill program at its High Grade gold project in northeastern California.The property contains a volcanic-hoste…
Careers (September 28, 1998)
The waiting is over, the speculation mute. Price Waterhouse and Coopers & Lybrand have become PricewaterhouseCoopers; a remarkable new organization that has been helping business do business for more …
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Industry contraction helps the big get bigger
London-based analysts Emil Morfett and Nigel Kieser of J.P. Morgan Securities expect that Rio Tinto (RTP-N) will use its financial muscle to acquire quality assets now available at reduced prices.”In …
Partners proceed with Antamina development
As expected, Rio Algom (ROM-T), Noranda (NOR-T) and Teck (TEK-T) have affirmed that they will develop the US$2.2-billion Antamina copper-zinc project in Peru.In early September, the partners were aske…
DIAMOND PAGE — Fall drilling under way at Jericho
Partners Lytton Minerals (LTL-T) and New Indigo Resources (NDR-A) have begun limited reconnaissance drilling in the central area of the Jericho property in the Northwest Territories.The property compr…
Meetings (September 21, 1998)
Sept. 21, Bargold Sept. 21, Black Swan Sept. 21, El Bonanza Sept. 21, New Sage Sept. 21, Savannah Sept. 21, True Expl. Sept. 21, War Eagle Sept. 21, Western Amer. Sept. 22, Amarc Sept. 22, American Se…
Virginia Gold active at La Grande Sud
Drilling by Virginia Gold Mines (VIA-M) at its La Grande Sud property in the James Bay region of Quebec has cut several long gold intersections.Highlights from the program include:* 11 metres (from 34…
GREATEST VALUE TRADED (September 21, 1998)
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Dayton works to reverse falling profits
Higher costs and lower production have driven Dayton Mining (DAY-T) deeper into the red.For the three months ended June 30, the company lost $3.9 million (or 13 cents per share) on revenue of $8.9 mil…