Recent history reveals trends in mine failures
“I’ve heard they’ve got 15 million ounces of gold,” the broker said. “The news is all over the Street.”In the heady days of 1995 and 1996, it was something you heard all the time: ounces, ounces, ounc…
News
NEWS IN BRIEF (September 28, 1998)
Indomin Resources (IRL-V) has changed its name to Battlefield Minerals (BFM-V).
Careers (September 28, 1998)
The waiting is over, the speculation mute. Price Waterhouse and Coopers & Lybrand have become PricewaterhouseCoopers; a remarkable new organization that has been helping business do business for more …
GOLD FUNDS (September 28, 1998)
Gold Funds as of September 17, 1998BGRCentralNet Value$13.175.92Price$10.70…
MINERAL EXPLORATION — CASE STUDIES — Winspear adopts systematic approach
Winspear Resources (WSP-V) is showing no signs of letting up on its year-round schedule of diamond exploration in the Northwest Territories.Since 1992, the Vancouver-based junior and its partners have…
MINERAL EXPLORATION — CASE STUDIES — Mustang tests PGE potential at East Bull Lake
Magmatic deposits of platinum group elements (PGE) are among the world’s rarest mineral repositories, but, with the aid of academic and government research, Mustang Gold (MUST-C) is confident it can b…
GREATEST VALUE TRADED, September 16-22
ExchgVal($000s)HighLowCloseChangePlacer DomeT2032…
DIAMOND PAGE — De Beers aims drills at Gope
De Beers Consolidated Mines (DBRS-Q) has begun a mini-bulk sampling program at the Gope diamond prospect in Botswana, held by TNK Resources (TNKR-C).Thirty-eight large-diameter (8.5-inch) holes will b…
MINERAL EXPLORATION — CASE STUDIES — Black Hawk develops local talent
The string of exploration successes at the Limon project in northwestern Nicaragua is more a function of personnel than of exploration techniques, according to mine owner Black Hawk Mining (BHK-T).”Th…
DIAMOND PAGE — Fall drilling under way at Jericho
Partners Lytton Minerals (LTL-T) and New Indigo Resources (NDR-A) have begun limited reconnaissance drilling in the central area of the Jericho property in the Northwest Territories.The property compr…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Industry contraction helps the big get bigger
London-based analysts Emil Morfett and Nigel Kieser of J.P. Morgan Securities expect that Rio Tinto (RTP-N) will use its financial muscle to acquire quality assets now available at reduced prices.”In …
MINING MARKETS & INVESTMENT NEWS — Kobex lists on Vancouver
Kobex Resources (KBX-V) has been called for trading on the Vancouver Stock Exchange. The Vancouver-based company raised $1.2 million in its initial public offering, which consisted of 2 million shares…