Bolivar producing at Tomi mine
By year-end, some two months ahead of schedule, Bolivar Goldfields (BVG-T) expects to have completed fine-tuning of the mill and achieved full production at its newly commissioned Tomi gold mine in Ve…
News
MINING MARKETS & INVESTMENT NEWS — Low prices drive producers to buy back shares
With weak copper and gold prices sending shares of producers to their lowest levels in years, some companies are diving into the bargain-basement equity market to buy back their own shares.As the Dow …
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Gold gains some lustre in Asia
The Asian economic crisis has continued to have an adverse effect on gold demand in those markets, with the exception of Vietnam. However, gold consumption turned positive in the second quarter as dem…
LETTERS TO THE EDITOR — National QP standards a must
I couldn’t agree more with Ben Ainsworth’s letter (T.N.M., Aug. 31-Sept. 6/98) advocating a national standard for those of us who might be classified as “Qualified Persons.” The current state of affai…
MOST ACTIVE ISSUES (September 14, 1998)
ExchgVol(000s)HighLowCloseChangePlacer DomeT15816…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Western markets take step on road to recovery — Polymet, Auspex, Int’l Vestor witness boost in price of shares
The Vancouver Stock Exchange composite index hurtled over the 400 level, making a comeback from last week’s carnage. The index gained 19.53 points, or 5%, to close at 408.39 over the holiday-shortened…
PRODUCER AND DEALER PRICES (September 14, 1998)
Aluminium: LME settlements US$1,355, alloy US$1,160 per tonne (Sept. 1/98).Antimony: Representative mid-market US$1,250 per tonne (Aug. 25/98).Bismuth: Representative mid-market US$3.45 per lb. (Sept….
METAL PRICES (September 14, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateSept. 8Sept.7Sept.4Sept.3…
Asian woes affect Hillsborough
The economic malaise in Asia is taking its toll on Hillsborough Resources (HLB-T), operator and 63%-owner of the Quinsam coal mine near Campbell River, B.C.After consulting with Japanese partner Marub…
NEWS ROUNDUP — Freewest reports find near Sudbury
Montreal-based Freewest Resources Canada (FWR-T) has discovered a platinum-palladium-copper-nickel showing at its wholly owned Folson Lake property in Gerow Twp., 80 km west of Sudbury, Ont.The 320-ha…
Billiton unit ties up Newfoundland land package
A unit of London-based Billiton has signed joint-venture agreements with several Canadian juniors collectively holding 343 sq. km of prospective ground in the Buchans area of central Newfoundland.The …
Auspex, Vestor size up Portuguese prospect
Partners Auspex Minerals (APJ-V) and International Vestor Resources (IVS-V) are encouraged by results from a hole drilled on surface at the Aljustrel Mining complex in south-central Portugal.To date, …