In response to your editorial “Challenging geostatistics” (T.N.M., Sept. 28-Oct. 4/98), I agree with Jan Merks that the method of ore reserve estimation by kriging within geological limits is incorrec…
Pioneer Metals (PSM-T) will begin an $800,000 exploration program for uranium in northern Saskatchewan as soon as Riou Lake freezes.Work will include a ground geophysical survey and a 4,000-metre dril…
In January, the town of Red Lake, Ont., will begin lobbying the federal government to revamp flow-through share financing for mining exploration and development projects in Canada.A revised flow-throu…
Canadian production of copper, silver and refined nickel, lead and zinc increased between September 1997 and September 1998.However, output of gold and primary nickel, lead and zinc was down, as were …
Canmine Resources (CMR-T) has acquired Red Engine Resources, a private company partnered with Canmine at several properties in Ontario and Manitoba.The merger between the companies, which share a pres…
ExchgVal($000s)HighLowCloseChangePlacer DomeT2483…
Washington state-based Yamana Resources (YRI-T) has raised $4.7 million through a special warrant financing, with each special warrant priced at $1.Each special warrant entitles the holder to acquire,…
86.97 (-3.18)(Sept. 30/98 = 100)…
97.50 (-4.73)(Sept. 30/98 = 100)…
In order to cut administrative costs, Agnico-Eagle Mines (AGE-T) plans to merge two of its junior exploration companies: Sudbury Contact Mines (SUD-T) and Silver Century Explorations (SVC-A).
Wednesday December 9, 1998Price (US)Week’s ChangeGold*$293.50-$0.40Silver*$ 4.82…
In November, First Dynasty Mines (FDM-T) produced 2,500 oz. gold equivalent from its Ararat tailings recovery project in Armenia.The project is operating 25% above design capacity, recovering 17% more…
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