Osisko Exploration has been called for trading on the Montreal Exchange under the symbol OSK.A preliminary prospectus for a flow-through financing worth $1.6 million has yet to be approved by the exch…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov. 24/98 (change from Nov. 17 in brackets):MetalStocks (tonnes)Change…
Spurred by the third cut to interest rates this year, the Dow Jones industrial average surged during the Nov. 18-24 report period to an all-time high of 9,301.15 points. The average peaked at 9,374.27…
Aluminium: LME settlements US$1,281, alloy US$1,072 per tonne (Nov. 24/98).Antimony: Representative mid-market US$1,295 per tonne (Nov. 24/98).Bismuth: Representative mid-market US$3.20 per lb. (Nov. …
Short positions outstanding at November 15, 1998Larger individual positions include: Abitibi Consolidated 1,138,990; Alcan Aluminium 1,358,606, up 274,401; Anderson Exploration 214,560; Asia Pacific R…
Monopros, the Canadian exploration arm of De Beers Consolidated Mines (DBRS-Q), is looking at Canadian diamond potential over the long haul.The company recently added an office in an east-Toronto subu…
In a low-price environment, when second-quartile producers just aren’t good enough, many mining companies are forced to persuade bankers that their mines can still make money. The process is doubly ha…
Although production at its San Francisco gold mine was up by more than a third, Geomaque Exploration (GEO-T) was unable to turn a profit in the latest third quarter.The mine, in Mexico’s Sonora state,…
Exploration at the El Pluma/Cerro Saavedra property in southern Argentina has resulted in the discovery of another significant gold-silver zone for Minera Andes (MAI-A).Reconnaissance sampling has loc…
Twin Star Holdings, part of the Sterlite group, has agreed to make a major investment in First Dynasty Mines (FDM-T), subject to due diligence and necessary approvals.The Sterlite group produces and p…
Diamond grades from the long-awaited processing of the K-14 bulk sample have proved disappointing for Ashton Mining of Canada (ACA-T).A 479-tonne sample collected by reverse-circulation (RC) drilling …
SPECIAL TO THE NORTHERN MINERAlmost five years after being released from jail, three Australian prospectors have lodged an appeal over their conviction for the $A6-million Karpa Springs gold fraud.Cla…
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