Birim finds suitable suitor
Sidestepping a takeover bid by Golden Star Resources (GSC-T), junior Birim Goldfields (BGI-T) has signed a deal with Ghana-based Ashanti Goldfields (ASL-N) concerning Birim’s Mampon deposit, pa…
News
LETTER TO THE EDITOR — Upham contributed to northern mining town
It was with sadness that I read the obituary of a great miner and friend. Many folks across Canada and the U.S. knew Merv Upham, and I’m sure that you will get notices from others that he in fact work…
Cambior wins court ruling for Carlota base metal production
A federal court judge has upheld a record of decision issued by the U.S. Forest Service for the Carlota copper project in central Arizona, allowing owner Cambior to move one step closer to a productio…
Nuinsco, Niocan pick up Quebec mining awar
The Quebec Prospectors Association recently handed out industry awards at its 25th annual meeting, held in Rouyn-Noranda, Que.Douglas Hume, president of Nuinsco, and prospectors Pierre Gervais and Edo…
METAL PRICES (October 04, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateSept. 28Sept. 27Sept. 24Sept…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — VSE juniors ride golden wave
The Vancouver Stock Exchange composite index shot up 10.11 points, or 2.5%, during the week ended Sept. 28 to close at 416.90. The mining index soared 23.42 points, or 8.6%, to finish the week at 294….
MOST ACTIVE ISSUES, SEPT. 22-28
ExchgVol(000s)HighLowCloseChangePlacer DomeT59408…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Yellow metal stages dramatic comeback
Finally the dog had its day. After a long, lean summer trading below US$260 per oz., gold prices broke out in spectacular fashion during the Sept. 22-28 report period, soaring above US$300 and even br…
Kinross, United Tex-Sol hit high grade in Timmins (October 04, 1999)
Operator Kinross Gold (K-T) and partner United Tex-Sol Mines (UTX-A) have intersected high-grade gold mineralization at the Clavos project in Timmins, Ont.In addition to intersecting 94.6 grams gold p…
Meetings (October 04, 1999)
Oct 4 Raider Oct 5 American Gem Oct 5 Rex Diamond Oct 5 Sunstate Oct 5 Timpete Oct 6 Banks Ventures Oct 6 Clearview Oct 6 Tapestry Oct 7 Mighty Beaut Oct 7 United States Expl. Oct 8 Big Valley Oct 12 …
Third-party bid foils Asarco-Cyprus merger — Grupo Mexico offers to buy up Asarco shares
The bid by Asarco (AR-N) and Cyprus Amax Minerals (CYM-N) to create the world’s largest publicly traded copper company is being challenged not only by Phelps Dodge (PD-N), in the form of a high…
NEWS ROUNDUP — Rio Tinto drills Aguila
London-based Rio Tinto (RTP-N) has completed four holes totalling 1,242 metres on MacMillan Gold’s (MMG-T) Aguila Pit concession in north-central Peru. The program was designed to test an area where p…