With mine commissioning under way at the San Andres gold mine in Honduras, Greenstone Resources (GRE-T) has arranged US$13 million in additional financing to ensure a smooth startup and withstand chal…
Albuquerque-based Nord Pacific (NPF-T) has concluded that the proposed Simberi Island gold mine in Papua New Guinea (PNG) can make money.Results from an in-house update of a previous feasibility study…
A second law firm has filed a class-action suit against Crystallex International (KRY-T), a former high-flyer that crashed and burned after a Venezuelan court dismissed its purported effort to “enforc…
Luscar again revises bid for country’s largest coal producer Manalta Coal Income Trust has lifted a unit-holders’ rights plan adopted to delay a hostile takeover by Luscar Coal Income Fund after that …
1998Aug. 25Aug. 24Aug. 21Aug. 20Aug. 19HighLowCom…
The Dow Jones Industrial average fell 112 points (or 1.3%) during the report period ended Aug. 25, closing at 8,602.65.Slumping commodity prices, particularly for copper, continued their downward pres…
Aluminium: LME settlements US$1,328, alloy US$1,142 per tonne (Aug. 25/98).Antimony: Representative mid-market US$1,250 per tonne (Aug. 25/98).Bismuth: Representative mid-market US$3.50 per lb. (Aug. …
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Aug. 24/98 (change from Aug. 17 in brackets):MetalStocks(tonnes)Change…
Diamond explorer Pure Gold Minerals (pug-t) has arranged a private placement of 2 million units priced at 25 cents each. The financing is expected to raise gross proceeds of $500,000.Each unit will co…
Unlisted Diamond Fields International will use part of a US$3-million financing to conduct a sampling program at its diamond concessions in Namibia.The work will be financed with proceeds from a priva…
Operator Lytton Minerals (LTL-T) and partner New Indigo Resources (NDR-A) are hoping to enhance the potential of their Jericho diamond project in the Northwest Territories.A summer exploration program…
Vancouver-based Electra Mining (ELT-V) plans to carry out a bulk-sample test of gold-bearing tailings owned by its subsidiary near Baie Verte, Nfld.The junior agreed to pay Ming Minerals, a 70%-owned …
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