Agnico-Eagle adds tonnage to LaRonde
While Agnico-Eagle Mines (AGE-T) struggles to return to profitability, there has been nothing but good news from the exploration and development programs under way at the company’s flagship LaRonde go…
News
Drilling expands Nevada complex
Indications are that extensive drilling at the Battle Mountain complex in northern Nevada could result in a significant reserve increase for owner Battle Mountain Gold (BMG-N).The Houston, Tex.-based …
Romarco cuts high grade in Nevada
Romarco Minerals (R-T) has intercepted high-grade gold values at its newly acquired Red Rocks project in western Nevada.The company completed 12 reverse-circulation and three core holes, totalling 12,…
NEW HORIZONS — Gold on the tracks
Increasingly, gold contacts are being used in locomotives as the use of electronic control increases.When an engineer moves the throttle on one of the new-generation AC (alternating current) diesel-el…
OBITUARY — Reini Ehrlich
Reini Ehrlich, vice-president and chief metallurgical engineer at Watts Griffis and McOuat, died Aug. 1 in Toronto, after a brief illness. He was 75.Ehrlich had a long and distinguished career in the …
Nevada teachers learn about mining
More than 100 Nevada teachers gathered in the eastern city of Ely for the 15th annual minerals education workshop. The event was sponsored by the state’s operating mines, supplier companies, and the N…
Newmont to study Angren gold project
Newmont Uzbekistan, a subsidiary of Newmont Mining, plans to carry out a feasibility study on the Angren gold project in Uzbekistan’s Tashkent region, according to Interfax News Agency.The project wil…
MINING MARKETS & INVESTMENT NEWS — NovaGold funds program
NovaGold (NRI-T) has concluded a private placement with an investor for 200,000 shares priced at $1.40 per each, plus 200,000 share purchase warrants.The Nova Scotia-based junior plans to use the proc…
MINING MARKETS & INVESTMENT NEWS — AngloGold lists on NYSE
The world’s largest gold company has made mining history by becoming the first South African company to list on the New York Stock Exchange.The listing of AngloGold (AU-N) is in the form of American D…
MINING MARKETS & INVESTMENT NEWS — Western Copper arranges financing
Junior Western Copper Holdings (WTC-T) intends to raise $440,000 through a private placement of 100,000 special warrants priced at $4.40 each.A special warrant will be exchangeable into one share and …
MINING MARKETS & INVESTMENT NEWS – INVESTMENT COMMENTARY — Geomaque gets nod for staying the course
“Back to basics” might best describe the approach taken by some mining analysts as they scour the reeds looking for producers with a track record of profitability and the potential to expand operation…
SPOT PRICES (August 10, 1998)
Wednesday Aug 5, 1998Price (US)Week’s ChangeGold*$288.85-$2.15Silver*$ 5.47…