Geomaque on track at Honduran mine
Junior Geomaque Exploration (GEO-T) has financed development of the Vueltas del Rio project in Honduras.The company recently raised $4.6 million in a rights offering consisting of 7.6 million units pr…
1999
Greystar tallies resource
With another 44 holes sunk, Greystar Resources (GSL-T) is recalculating the resource figure for its Angostura gold-silver project in northeastern Colombia.The Vancouver-based junior has now drilled 18…
Bulyanhulu plan unveiled
Barrick Gold (ABX-T) has developed a new mine plan for its Bulyanhulu gold project in the Lake Victoria goldfields region of northwestern Tanzania.Over the first 15 years of operations, Bulyanhulu is …
Gold Reserve revises plan for Brisas mine
Drilling by Gold Reserve (GLDR-T) has increased proven and probable reserves at the Brisas gold-copper deposit in southeastern Venezuela.As a result of the 13-hole, 5,700-metre program, the reserve fi…
Viceroy ups mine stake
Under a deal with Echo Bay Mines (ECH-T), junior Viceroy Resource (VOY-T) has acquired the remaining 60% of the Paredones Amarillos gold project it did not already own. In return, the junior has relin…
Companies (October 25, 1999)
Aber ResourcesAnglo AmericanAnglogoldApex Silver MinesAsarcoAshanti GoldfieldsAyrex ResourcesBarrick GoldBlack Hawk MiningCaledonian Pacific MineralsCambiorCerro DoradoColumbia MetalsCyprus Amax Miner…
ODDS ‘N’ SODS: Mastering metallurgy
A great deal has been written about mining exploration and operations, but little about the metallurgy of deposits. The silent partner at mines is often the metallurgist, whose business has sometimes …
Barrick aims for record
A powerful combination of rising production, falling costs and premium prices for its gold is setting the stage for Barrick Gold (ABX-T) to record its best year ever in 1999.During the first nine mont…
Greatest Value Traded, OCTOBER 13-19
ExchgVal($000s)HighLowCloseChangeAlcoa*N300815…
Junior picks up properties
Newcomer Cerro Dorado (CDCH-O) has signed a letter of intent to acquire a controlling stake in three gold properties in northern Chile from Fremont Gold (FGLD-O).Financial pressures forced Fremont to …
Northgate buys Kemess
The Kemess gold mine in northern British Columbia, the last remaining asset of defunct Royal Oak Mines, has been sold at last.Northgate Exploration (NGX-T) has agreed to take on the mine and keep it o…
Glamis sees higher production in 2000
By fully integrating the three mines it acquired from its recent merger with Rayrock Resources, as well as additional production from the new San Martin mine in Honduras, Glamis Gold (GLG-N) expects t…