CORRECTION (November 22, 1999)
Our issue of Nov. 8-14 contained incorrect information regarding the price paid by Viceroy Resources (VOY-T) to purchase the 60% interest in the Paradones Amarillos deposit it did not already own.Echo…
News
Claude jumps into the black
Despite lower gold prices, Claude Resources (CRJ-A) earned $1.3 million (or 4 cents per share) during the first nine months of the year, compared with a loss of $300,000 (1 cents per share) in the cor…
Hang up the hard hat . . . Put on an apron
Bugs are important to ecosystems (though we’ll never be fans of blood-sucking mosquitoes and flesh-eating black flies), but are they always more important than people?Environmentalists opposed to the …
LionOre ponders nickel expansion
Toronto-based LionOre Mining International (LIM-T) is reaping the benefits of improved nickel prices through its 41.65% interest in Tati Nickel Mining, owner of a nickel mining operation in Botswana.T…
Quebec meeting to review exploration
,LQuebec’s annual geological convention will be held Nov. 24-25 at the Chateau Frontenac in Quebec City.Sponsored by the provincial government, the French-language convention will offer 23 sessions on…
CIM focuses on laterite projects
The new breed of Western Australian dry laterite nickel projects will be discussed at a Nov. 25 luncheon sponsored by the Vancouver branch of the Canadian Institute of Mining, Metallurgy and Petroleum…
Kiwi mine closure a walk in the park
The operators of a mine in New Zealand are mulling turning the site into an outdoor art gallery after mining wraps up.Owner Gold and Resource Development (GRD) has proposed that the Macraes open-pit g…
TSE INDICES (November 22, 1999)
1999Nov. 16Nov. 15Nov. 12Nov. 11Nov. 10HighLowCom…
SPOT PRICES (November 22, 1999)
Precious MetalsPrice (US$/oz.)ChangeGold$295.45+$3.60Silver$ 5.17+$0.06…
LME WHSE LEVELS (November 22, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 16/99 (change from Nov. 9 in brackets):MetalStock(tonnes)Change…
Niocan lines up customers
Montreal-based Niocan (NIO-M) will distribute at least 25% of its ferroniobium in Europe, possibly begining at the end of 2001.The company, which has signed an agreement with a leading ferro-alloy pro…
North American Palladium doubles Lac des les resource
The Lac des les palladium deposit in northern Ontario has just doubled in size.AGRA Simons, retained by mine owner North American Palladium (PDL-T) to perform a feasibility study, estimates a measure…