Plata plans to buy Bunker Hill
A junior company established in Argentina and listed on the Alberta Stock Exchange plans to reopen the Bunker Hill polymetallic mine in northern Idaho.Plata Mining (PMT-A) hopes to raise as much as $7…
News
SPOT PRICES (April 26, 1999)
Precious MetalsPrice (US)ChangeGold$283.90+$0.05Silver$ 5.12+$0.18…
Meetings (April 26, 1999)
April 26 Augusta April 26 Denison April 26 Haddington April 26 Tathacus April 27 Abitibi-Cons. April 27 Argentina Gold April 27 Koda April 27 Match Capital April 27 Rainy Mountain April 28 AntamApril …
LETTERS TO THE EDITOR — Industry must evolve to include stakeholders in developing nations
We read with great interest the article “Social problems in developing countries pose challenge” (T.N.M., March 22-29/98).Since Etruscan began exploration in Niger, West Africa, in 1994, we have been …
GREATEST VALUE TRADED, April 14-20, 1999
ExchgVal($000s)HighLowCloseChangeInco LtdT359725…
TSE SHORTS (April 26, 1999)
Short positions outstanding at April 15, 1999Larger individual positions include:Abitibi-Consolidated 399,719, down 557,059; Alcan Aluminium 764,997, down 80,907; American Gem 849,827; Barrick Gold 5,…
TSE INDICES (April 26, 1999)
1999Apr. 20Apr. 19Apr. 16Apr. 15Apr. 14HighLowCom…
Drilling begins at Doyle Lake
Five target areas in Blob Lake, at the Doyle Lake diamond project in the Northwest Territories, have been selected for drilling.Doyle Lake is a 60-40 joint venture between Gerle Gold (GGL-V) and Monop…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Royal Oak Mines slides into receivership
The bell finally tolled for Royal Oak Mines, as the civil court in Ontario withdrew the company’s protection from creditors and placed the company’s assets in the hands of a receiver. The receiver wil…
Nasdaq halts trading as Alta files for bankruptcy
With trading of its shares halted, Alta Gold (ALTA-Q) has filed for bankruptcy protection.The Nevada-based gold producer hopes to restructure US$29 million in outstanding debt as well as US$4 million …
Copper Ridge gains ground from Kinross
Copper Ridge Explorations (KRX-T) has entered into an agreement to acquire from Kinross Gold (K-T) five mineral properties in the Yukon, Alaska and Arizona.The Vancouver-based junior will lay claim to…
Westward to start program
An option deal will enable Westward Explorations (wwe-v) to earn from Cameco (CCO-T) a 51% interest in the Los Caballos property in Argentina.Cameco identified Los Caballos, which lies near the Chilea…