TSE Short Positions (October 19, 1998)
Short positions outstanding at September 30, 1998Larger individual positions include:Abitibi-Consolidated 981,044, down 1,098,263; Alcan Aluminium 1,303,666, up 258,567; Anderson Exploration 136,411; …
Articles by Northern Miner Staff
SPOT PRICES (October 19, 1998)
Wednesday October 14, 1998Price (US)Week’s ChangeGold*$296.60-$2.25Silver*$ 4.80…
MINING MARKETS & INVESTMENT NEWS — INSIDER TRADING — Rhonda execs engage in lively trading
According to reports released by the Ontario Securities Commission, two executives at Rhonda Mining (RDM-A) traded in that company during the period July-September.Peter Gummer, director, bought 106,0…
MINING MARKETS & INVESTMENT NEWS — Royalty twins to buy up own stock
Euro-Nevada Mining (EN-T) and Franco-Nevada Mining (FN-T) have announced plans to repurchase shares with cash.The two companies advised the Toronto Stock Exchange that they would be making a normal co…
EDITORIAL & OPINION — Quebec dreading outright British ban — Europeans take aim at asbestos
Among the most beleaguered of Canada’s industrial minerals industries continues to be asbestos. Statistics compiled by Natural Resources Canada show Canada’s asbestos output dropped sharply between Ma…
Solitario finds partners for Peruvian projects
Solitario Resource (SLR-T) has secured partners for two of its properties in northern Peru.Placer Dome (PDG-T) can earn a 60% interest in the 620 sq. km. Yanacocha copper-gold project by spending US$4…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — A defensive strategy for accumulation
Bargain-hunting in the junior exploration business during hard times has proved to be a durable strategy for speculative investors. That the time appears to be right for this strategy, with many junio…
SUPPLIERS NEWS ROUNDUP — Dolbear expands Canadian presence
Denver-based mining consulting firm Behre Dolbear has opened an office in Vancouver, its second in Canada.James Currie, former president of Cornucopia Resources, was appointed vice-president in charge…
PEOPLE — Formation Capital (October 19, 1998)
Paul Saxton appointed director.
Zinc core delineated at Caber
Partners Southern Africa Minerals (SAF-T) and Noranda (NOR-T) have outlined a core of high-grade zinc mineralization in the Caber deposit, 25 km west of the Matagami mining camp in northern Quebec.Twe…
De Beers pulls diamonds from Victoria Island
Microdiamond analysis performed on four of the five kimberlites discovered earlier this summer at the Victoria Island project in the Far North has determined that three of bodies are diamondiferous.Mo…
Platexco revises terms of Winnaarshoek deal
With the South African Reserve Bank blocking the proposed acquisition by Platexco (PTX-T) of the Winnaarshoek and Buffelshoek platinum properties, the company is reverting to a modified version of an …