Redfern prez to address CIM
The Vancouver branch of the Canadian Institute of Mining, Metallurgy & Petroleum marks the start of its fall luncheons at noon, Sept. 24, with a presentation by Terry Chandler, president of Redfern Re…
News
LETTER TO THE EDITOR — Chemists also deserve professional licensure
I had the opportunity to review the TSE-OSC Interim Report on Setting New Standards in Mining. As a professional chemist who has done mining research as well as metallurgical and mineralogical assayin…
MINING MARKET & INVESTMENT NEWS — INVESTMENT COMMENTARY — Tough markets keep analysts trained on fundamentals
Are resource stocks yesterday’s news, devoid of upside and not worth bothering about? Or are they simply bargain-priced frogs waiting for the kiss of better metal prices to turn them into wealthy prin…
MINING MARKET & INVESTMENT NEWS — INSIDER TRADING — Noranda boosts Falco stake
Reports by the Ontario Securities Commission show that Noranda (NOR-T) bought a large number of shares in Falconbridge (FL-T) during August.The company, which now owns more than 10% of Falconbridge, b…
PRODUCER & DEALER PRICES (September 21, 1998)
Aluminium: LME settlements US$1,368.50, alloy US$1,147 per tonne (Sept. 15/98).Antimony: Representative mid-market US$1,300 per tonne (Sept. 15/98).Bismuth: Representative mid-market US$3.45 per lb. (…
TSE INDICES (September 21, 1998)
1998Sept. 15Sept. 14Sept. 11Sept. 10Sept. 9HighLow…
St Andrew finds more gold at Taylor — Stepout drill results confirm project’s potential
Junior St Andrew Goldfields (SAS-T) continues to intersect mineralization at its Taylor gold property near Matheson, Ont.Six holes drilled in the Upper West Porphyry zone returned at least one gold-be…
MOST ACTIVE ISSUES (September 21, 1998)
ExchgVolume(000s)HighLowCloseChangePlacer DomeT14…
TSE SHORTS (September 21, 1998)
Short positions outstanding at Aug. 31, 1998Larger individual positions include:Abacan Resource 46,500, down 252,800; Abitibi-Consolidated 1,984,832, up 1,140,064; Alcan Aluminium 1,118,635, up 377,84…
Geomaque drills in Honduras
Geomaque Explorations (GEO-T) has completed its second phase of drilling at the Vueltas del Rio gold deposit in northwestern Honduras.Consisting of 72 diamond drill holes totalling 5,500 metres, the d…
Troymin options prospect
Subject to regulatory approval, Troymin Resources (TYR-A) has optioned its St. Maurice nickel-cobalt prospect to Ormico Exploration (OMX-M).Situated in the La Tuque area of central Quebec, the 16-clai…
NovaGold buys Shotgun stake
At a cost of US$900,000, NovaGold Resources (NRI-T) has completed the acquisition of a 49% interest in the Shotgun and Sleitat claim groups in southwestern Alaska.The company now expects to complete i…