Plug pulled on Pinson
Homestake Mining (HM-N) has closed the Pinson gold mine, near Winnemucca, Nev., after it failed to reach production targets.Pinson is a 50-50 joint venture with Barrick Gold (ABX-T). The mine was expe…
1999
PGEs found near Sudbury
Pacific Northwest Capital (PFN-A) continues to receive encouraging grades from its grassroots platinum and palladium project near Sudbury, Ont.Channel samples from sulphide-bearing gabbro returned 23….
EDITORIAL & OPINION — ODDS ‘N’ SODS — A good deal gone bad
During the mid-1950s, I did a lot of mining exploration work in a farming area a few miles west of Senneterre, in northwestern QuebecHowever, our story starts years earlier, when a geology professor a…
Diamonds steal the show at Cordilleran Roundup
The pervasive mood at this year’s annual Cordilleran Roundup was cautious optimism, perhaps because many delegates felt that there was nowhere to go but up. However, if attendance is any indication of…
SME meeting set for Colorado
The minerals-processing division of the Society for Mining, Metallurgy & Exploration will hold its annual meeting May 21-22 at the Broadmoor Springs Hotel in Colorado Springs, Colo.Entitled “Operating…
Stillwater turns in record year
More ounces and a higher sales price enabled platinum producer Stillwater Mining (SWC-X) to post record earnings in 1998.At its namesake mine in southwestern Montana, the company cranked out 111,000 o…
Canadian gems sell in Antwerp
Canadian producers BHP Diamonds and Dia Met Minerals (DMM-T) have sold the first parcel of rough diamonds from their Ekati mine north of Yellowknife, N.W.T.BHP Diamonds, a subsidiary of Broken Hill Pr…
Rayrock boosts reserves
Rayrock Resources (RAY-T) has boosted reserves at its three open-pit gold mines in Nevada and at its copper mine in Chile.Combined, the 66.6%-held Marigold and wholly-owned Dee and Daisy gold mines no…
GOLD FUNDS (February 08, 1999)
Gold Funds as of January 28, 1999BGRCentralNet Value$13.685.88Price$8.75$…
U of T offers remote-sensing course
A short course on remote-sensing in mineral exploration will follow this year’s convention of the Prospectors and Developers Association of Canada, in Toronto.The course, to be held March 19-20 at the…
EDITORIAL & OPINION — NEW HORIZONS — Responsibility at heart of INAP
The International Network for Acid Prevention is a recently established organization founded by 17 of the world’s leading mining companies. Its purpose is to promote significant improvements in the ma…
GREATEST VALUE TRADED, Jan. 27 – Feb. 2
ExchgVal($000s)HighLowCloseChangeBarrick GoldT389…