The Northern Miner North American Mining Index (August 30, 1999)
98.70 (+0.42)(Sept. 30/98 = 100)…
News
NEWS IN BRIEF (August 30, 1999)
Athlone Resources (AT-V) has changed its name to Athlone Minerals (ATH-V) on a 1-new-for-10-old-share basis.
Teck exercises WC warrants
Vancouver-based Teck (TEK-T) has exercised 1.1 million warrants at $1.93 each. The warrants were issued by Western Copper Holdings (WTC-T) as part of a private placement of units in May.Proceeds will …
Index (August 30, 1999)
CareersClassifiedCommentaryDiamond PageDividendsDrillersEditorialInvestment CommentaryLetter to the EditorMetal PricesNew HorizonsProfessional DirectoyStock MarketSubscription Services…
Curragh successor launches suit against Alpha investors
A group of investors that won a 24% stake in the Kassandra property in northern Greece in a 1998 suit for breach of fiduciary duty now finds itself caught between the defendant, TVX Gold (TVX-T), and …
COMMENTARY – Fiat money must be abolished
Almost all bank profits are unearned and result from fiat money. What services do commercial banks in the U.S. provide that add value to people’s lives? For the most part, they provide cheque clearing…
LETTER TO THE EDITOR — Geostats provide one piece of estimation puzzle
This discussion is written as a continuation of the ongoing debate of resource estimation and, in particular, geostatistics.I take issue with the endless commentary, arguments and opinion about the va…
Exchange Rates (August 30, 1999)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 24Aug. 23Aug. 20Aug. 19Aug. 18…
Committee to devise exploration guidelines
The Toronto Stock Exchange (TSE) and three national mining groups will forge guidelines related to exploration reporting and best practices, as recommended in a report released earlier this year by th…
NEW HORIZONS — Goldeneye
It seems more like an episode of The Six Million Dollar Man than real life, but doctors have been working on artificial eyes that could one day restore sight to people with certain types of blindness….
Rubicon hits sulphides
Rubicon Minerals (RMX-V) has intersected sulphide mineralization at its Palmer base metal project near Haines, Alaska.The discovery was made in a previously unexplored region, about 600 ft.from the Li…
PolyMet chooses process
PolyMet Mining (POM-V) will use pressure oxidation to process ore from the NorthMet polymetallic deposit in northeastern Minnesota.Pressure oxidation was selected over a hybrid process that combines b…