Minera Andes cuts high grade
Assay results from shallow drilling have confirmed high-grade gold-silver mineralization at the Huevos Verdes prospect in southern Argentina, reports Minera Andes (MAI-A).The first six angle holes enc…
News
Debt-free Aur persists with exploration — Production gains at Louvicourt, Andacollo
With $88 million in working capital and no debt, Aur Resources (AUR-T) is well-positioned to expand through mergers and property acquisitions, company president James Gill told shareholders at the com…
Anzex Resources mired in litigation problems
A rift in management has mired Anzex Resources (AZX-V) in litigation, hindering its efforts to advance the Longwoods platinum-palladium property on the South Island of New Zealand.In late November 199…
Restructuring leaves Inmet lean, profitable
The comprehensive restructuring of Inmet Mining (IMN-T) is now complete, management told shareholders at the annual meeting in Toronto.The once-diversified producer has narrowed its focus to copper an…
EDITORIAL & OPINION — EPA targets essential nutrient — Rethinking zinc
Two missives in less than a month might appear excessive, but the United States government’s Environmental Protection Agency (EPA) just won’t stop displaying its scientific ignorance and incompetence….
TSE INDICES (May 17, 1999)
1999May 11May 10May 7May 6May 5HighLowComposite “…
Lyon Lake finances Cerro Crucitas
Junior Lyon Lake Mines (LLL-V) has raised $1.3 million through a private placement of 4.2 million units priced at 32 cents each.A unit consists of one share and a half non-transferable share purchase …
EDITORIAL & OPINION — NEW HORIZONS — A computer chip for what ails you
Scientists at the Massachusetts Institute of Technology have developed a microchip that can store and release drugs inside the body. The device relies on a gold cap that dissolves when a small current…
LETTER TO THE EDITOR — Ontario, how does your garden grow?
Election time is when promises are a dime a dozen and politicians dangle the proverbial carrot to attract as many voters as they can on the promise of a free snack. Prior to nibbling, one should look …
LME WHSE LEVELS (May 17, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 11/99 (change from May 4 in brackets):MetalStocks(tonnes)Change…
SPOT PRICES (May 17, 1999)
Precious MetalsPrice (US)ChangeGold$278.00-$7.50Silver$ 5.40+$0.10…
Echo Bay funds Minefinders
A private placement will see Echo Bay Mines (ECO-T) subscribe for up to 2 million units of Minefinders (MFL-T). Each unit will consist of one share and a warrant entitling the purchase of one-third of…