Goldcorp gives Red Lake mine a facelift
The Red Lake mine, one of Canada’s longest-running gold mines before labour troubles laid it to rest in 1996, is fast approaching its rebirth.Since May, Goldcorp (G-T) has spent $11.6 million rebuildi…
1999
DIAMONDS — Guyanor and Rio Tinto explore Dachine property
Having signed a joint-venture agreement, Guyanor Ressources (GRL.NB-T) and Rio Tinto (RTP-N) are mobilizing equipment to begin exploration of the Dachine diamond property in French Guiana.The program …
EDITORIAL & OPINION — ODDS ‘N’ SODS — Sandy gold
Shortly after the First World War, a mining engineering student was taken to a copper showing at Indian Reserve 70, south of Lake Abitibi in Quebec, by an Indian guide who had discovered it.”Not too m…
DIAMONDS — Black Swan drops Tejucana option
After completing due diligence, Black Swan Gold Mines (BSW-T) has dropped an option to buy the Tejucana operations of a Brazilian company with diamond mining interests along the Jequitinhonha River in…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Yorkton analysts see turnaround at Eldorado Gold
Junior mining companies may be turning into dot.coms by the droves, but those still in the mineral exploration game are being closely watched by Yorkton Securities’ high-profile mining duo of Doug Lei…
Juniors invited to Minnesota
Minnesota is inviting exploration companies to take another look at the state’s mineral potential.The 1999 Minnesota Exploration Conference will be held Oct. 7 and 8 in Tower. It will focus on prospec…
Placer Dome appoints new president
Jay Taylor will take the reigns as president and chief executive officer of Placer Dome (PDG-T) when John Willson steps down at the company’s next annual meeting.There has been speculation that recent…
HBM&S speeds up 777 schedule
A $360-million program of capital expenditures will see Hudson Bay Mining & Smelting bring its new 777 Deposit, at Flin Flon, Man., into production by 2004, and maintain mine production at Snow Lake.H…
Gabriel upgrades Rosia Montana property
Denver-based Gabriel Resources (GBU-V) says its 65%-held Rosia Montana gold-silver property in northwestern Romania contains the equivalent of 7 million oz. gold and 37 million oz. silver.The revised …
DIAMONDS — Panel asks for statement
Following a review of the mining plan, a public hearing in Brazil concluded that the Rio do Sono alluvial diamond project in Minas Gerais, Brazil, requires a full environmental impact statement.Partne…
Eastmain considers reopening Stratabound’s CNE
A deal between property holder Stratabound Minerals (AB-A) and Eastmain Resources (ER-T) could see mining resume at a small massive sulphide deposit in the Bathurst, N.B., mining camp.The agreement gi…
GREATEST VALUE TRADED, Sept. 8-14
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