1998


Indochina develops Monywa

With the Bakyrchik gold project on hold pending optimization studies and restructuring of an agreement with the government of Kazakstan, Indochina Goldfields (ING-T) is focusing on improving the econo…






Homestake sweetens deal for Prime Resources

Homestake Mining (HM-N) has upped the ante for the remaining 49.6% of Prime Resources (PRU-T).According to an agreement reached by the board of directors of each company, Homestake will grant Prime’s …


Lac des les struggling for profits

Despite robust prices for platinum group metals, profits have remained elusive at the Lac des les mine near Thunder Bay, Ont., Canada’s only primary platinum group metals producer.In the first six mo…




Barrick options Rossi property in Carlin trend

In an effort to expand its holdings in Nevada’s Carlin trend, Barrick Gold (ABX-T) has entered a joint-venture agreement to explore the Rossi gold property, held by Meridian Resources (MNG-T).Barrick …


CORRECTION (September 21, 1998)

In our Aug. 24 report on the merger of Glamis Gold (GLG-T) and Mar-West Resources (MSR-V), we incorrectly stated that the latter’s president, Simon Ridgway, and vice-president of exploration, Robert W…


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