‘Shifting sands’ theme of CIM/MES symposium
Few industries are as cyclical as mining, or as fraught with technical, social and environmental challenges. To help mining professionals manage risks and meet changing expectations, the Canadian Inst…
News
Jusuf Merukh loses lawsuit
The Supreme Court of British Columbia has granted AG Armeno Mines & Minerals (AGM-T) default judgment in its lawsuit against Jusuf Merukh in a matter involving the Batu Hijau copper-gold project in In…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow rebounds after slide
The Dow Jones industrial average ended a 4-day slide during the report period Jan. 13-19, following an all-time high in the previous week. The average gained about 200 points to close at 9,355.22.The …
LETTERS TO THE EDITOR — Greenback as good as gold
The writer would like to take this opportunity to thank you for the editorial “Canada selling again” (T.N.M., Dec. 14-20/98).With the U.S. dollar being the No. 1 accepted currency of world trade, one …
TSE INDICES (January 25, 1999)
1999Jan. 19Jan. 18Jan. 15Jan. 14Jan. 13HighLowCom…
DIAMOND PAGE — Lacklustre results from Buffalo Hills
Ashton Mining of Canada (ACA-T) has met with a setback at the Buffalo Hills diamond exploration project in north-central Alberta: the analysis of a mini-bulk sample from kimberlite K-11 has proved une…
MINING & OPINION – COMMENTARY — Gold hedging here to stay
Although hedging by gold mining companies has had a relatively short history, it has reached a position of great significance, and not just to producers. Nowadays, any potential investor, any dealer i…
Highland Valley falls victim to low metals prices
The Highland Valley copper mine in the Kamloops region of British Columbia is the latest casualty of poor commodity prices.The major decline in world copper prices over the past 18 months has forced t…
Manantial Espejo yields more gold, silver
Partners Black Hawk Mining (BHK-T) and Silver Standard Resources (SSO-V) have cut some impressive grades and widths at their Manantial Espejo gold-silver project in southern Argentina.Fourteen core ho…
Coeur completes study at Kensington
In a bid to improve the economics of the Kensington gold project in the Alaskan Panhandle, Coeur d’Alene Mines (CDE-N) has completed an optimization study that is expected to reduce production costs b…
Normandy attempts takeover of Great Central
DenverNormandy Mining (NDY-T) and a private Australian company, Edensor Nominees Proprietary, have offered to acquire all the remaining shares of Great Central Mines (GTCMY-Q) they do not already own….
LETTERS TO THE EDITOR — Infrastructure, not imagination, buoys high-technology industry
A recent editorial, “Ears to hear” (T.N.M., Nov. 23-29/98), commented on Premier Glen Clark’s efforts to launch British Columbia into high-tech industries. This reminds me of the proposal put forward …