MOST ACTIVE ISSUES (September 14, 1998)
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Articles by Northern Miner Staff
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Western markets take step on road to recovery — Polymet, Auspex, Int’l Vestor witness boost in price of shares
The Vancouver Stock Exchange composite index hurtled over the 400 level, making a comeback from last week’s carnage. The index gained 19.53 points, or 5%, to close at 408.39 over the holiday-shortened…
PRODUCER AND DEALER PRICES (September 14, 1998)
Aluminium: LME settlements US$1,355, alloy US$1,160 per tonne (Sept. 1/98).Antimony: Representative mid-market US$1,250 per tonne (Aug. 25/98).Bismuth: Representative mid-market US$3.45 per lb. (Sept….
METAL PRICES (September 14, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateSept. 8Sept.7Sept.4Sept.3…
Asian woes affect Hillsborough
The economic malaise in Asia is taking its toll on Hillsborough Resources (HLB-T), operator and 63%-owner of the Quinsam coal mine near Campbell River, B.C.After consulting with Japanese partner Marub…
NEWS ROUNDUP — Freewest reports find near Sudbury
Montreal-based Freewest Resources Canada (FWR-T) has discovered a platinum-palladium-copper-nickel showing at its wholly owned Folson Lake property in Gerow Twp., 80 km west of Sudbury, Ont.The 320-ha…
Billiton unit ties up Newfoundland land package
A unit of London-based Billiton has signed joint-venture agreements with several Canadian juniors collectively holding 343 sq. km of prospective ground in the Buchans area of central Newfoundland.The …
Auspex, Vestor size up Portuguese prospect
Partners Auspex Minerals (APJ-V) and International Vestor Resources (IVS-V) are encouraged by results from a hole drilled on surface at the Aljustrel Mining complex in south-central Portugal.To date, …
Companies (September 14, 1998)
Aber ResAdrian ResourcsAfrican GemstnsAltius MineralsAmerican CopperAmerican GemAnglogoldAntOro ResourcsAnvil ResourcesAnzex ResourcesAscot ResourcesAshanti GoldfldsATS WheelAuspex MineralsBanro Resou…
Correction (September 14, 1998)
Mining at the Santa Gertrudis project, owned by Campbell Resources (CCH-N), ended in late 1997, though gold production will continue until all the ore remaining on leach pads is processed. The company…
SAGC to help develop Choquelimpie
New York-based South American Gold & Copper (SAG-T), or SAGC, has signed a letter-of-intent with Sociedad Contractual Minera Vilacollo (SCMV) to develop the Choquelimpie gold-silver-copper project in …
MINING MARKETS & INVESTMENT NEWS – INSIDER TRADING — Execs beef up holdings
Recent insider trading transactions reported by the Ontario Securities Commission include the following:* Aber Resources (ABZ-T) — Kenneth Hanna, director, bought 10,000 shares indirectly at $12.65 t…