I own a considerable number of shares of Rea Gold, which filed for bankruptcy last winter. In your Sept. 21 issue you stated that they shorted the gold market for 1,100,500 shares. How can they do tha…
We might understand if it had happened in New Jersey, or Hawaii, where little or no mining takes place. But we don’t understand why one of the most resource-rich regions of the world is shunning the d…
Mississippi Valley-type (MVT) deposits are important producers of zinc and lead, with zinc production being dominant. Some deposits, such as that of Newfoundland Zinc Mines, have contained negligible …
A proposed merger between Semafo (SMF-T) and High Desert Mineral Resources (HDR-V) has gone off the rails.The parties were unable to reach an agreement with respect to the terms of their proposed busi…
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Placer Dome…
Commercial production at the Marsfontein diamond farm in South Africa has enabled part-owner SouthernEra Resources (SUF-T) to post its second consecutive quarterly profit.In the three months ended Sep…
I found your diamond issue (T.N.M., Oct. 26/98) full of polished prose highlighting the many facets of this new Canadian commodity.However, the item about pioneers in diamond exploration attributes se…
Large-diameter drilling by Southern Africa Minerals (SAF-T) has revealed diamonds in a kimberlite dyke on the Mosomane property, 50 km north of Gaborone, Botswana.Vertical drill holes along a 600-metr…
Aluminium: LME settlements US$1,316, alloy US$1,115 per tonne (Nov. 3/98).Antimony: Representative mid-market US$1,250 per tonne (Nov. 3/98).Bismuth: Representative mid-market US$3.15 per lb. (Nov. 3/…
As someone responsible, to a great extent, for formulating the proposed “Qualified Person” (QP) concept in the mining industry, particularly in exploration and mine development, I would like to respon…
Steel markets in North America and Europe are weakening as a result of cheaply produced Asian imports. However, Australian major North Limited, confident of a long-term recovery, has announced major c…
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