Claude updates inventory
An independent consulting firm has updated reserves and resources at the Madsen and Seabee gold mines, both of which are owned by Claude Resources (CRJ-T).A.C.A. Howe International pegs Madsen’s minab…
News
Auspex cuts high-grade zinc, silver
Partners Auspex Minerals (APJ-V) and International Vestor Resources (IVS-V) have tabled impressive assay results from the first six holes of a third-phase, 12,000-metre program at the Aljustrel polyme…
METAL PRICES (April 19, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateApril 13April 12April 9April…
William Resources eyes Russian gold
William Resources (WIM-T) has acquired from subsidiary Rux Resources (RUXR-C) a small royalty in the Shkolnoye gold project in eastern Russia.In lieu of a debt, the company received 1.5% of Rux’s 10% …
Alta Gold slashes costs
Despite startup problems, Alta Gold (ALTA-Q) has reduced cash costs at the newly opened Olinghouse gold mine, 30 miles east of Reno, Nev.During its first three months of operation, the mine incurred c…
Camnor drills prospects
Junior Camnor Resources (CMB-V) has announced plans to drill-test three of the 18 Alaskan properties in which it has interests.Discovery Gulch — Initially, drilling will focus on the Discovery Gulch …
Meetings (April 19, 1999)
April 19, Alberta Star April 19, Blackpool April 19, Bonus April 19, Cdn. Mining April 19, Complex April 19, Int’l Dunlap April 19, Iriana April 19, Jordex April 20, Bitterroot April 20, Classic Gold …
Anmercosa drills gold
Anmercosa Explorations, a subsidiary of Anglo American (ANGLY-Q), has drilled several shallow gold intersections at the Razorback licence in the Lupa goldfields region of southwestern Tanzania.Rotary …
Platexco upgrades resources at Winnaarshoek
As part of an ongoing prefeasibility study, Platexco (PTX-T) has upgraded the resources contained in the Merensky and UG-2 reefs at its Winnaarshoek platinum group metals (PGM) property on the eastern…
NWMA opposes amendments
The Northwest Mining Association (NWMA) is urging U.S. mining companies to oppose recommended changes to regulations governing hardrock mining on lands managed by the Bureau of Land Management (BLM).T…
MINING MARKET & INVESTMENT NEWS — TSE Short Positions
Short positions outstanding at March 31, 1999Larger individual positions include:Abitibi-Consolidated 956,778, up 463,778; Alcan Aluminium 845,904, up 215,568; American Gem 111,065, up 111,065; Anders…
LETTER TO THE EDITOR — Ontario’s ‘Living Legacy’ bolsters certainty
At the same time that the provincial government released “Living Legacy,” the Ministry of Northern Development and Mines also released its “Commitments to the Minerals Industry.” Leaders in the minera…