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TSE INDICES (July 13, 1998)
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Claimstaker teams with Jipangu at Blackdome mine
Privately owned Jipangu will pay $2 million for a 35% interest in the Blackdome gold mine, near Clinton, B.C. The Tokyo-based firm can increase this to 50% by spending an additional $1 million before …
ASIA — Batu Hijau Newmont’s Indonesian crown jewel
A long-term approach to doing business in Indonesia is paying off for gold major Newmont Mining (NEM-N), which has one mine in the Southeast Asian country up and running and a second scheduled to come…
ASIA — Weda Bay develops nickel-cobalt prospect in Indonesia
Based on a recently completed evaluation study, Weda Bay Minerals (WDA-A) has resolved to proceed with development of its nickel-cobalt property on the Indonesian island of Halmahera.The project, in w…
Alberta Star arranges flow-through financing
Alberta Star Mining (ASC-A) has proposed a private placement of up to 1 million flow-through shares at 20 cents each.Proceeds will be used to cover exploration expenditures incurred on the Mazenod Lak…
Index (July 06, 1998)
CareersClassifiedCommentaryDiamond PageDrillersEditorialFacts’n’FiguresInvestment CommentaryLetters to the EditorMarket PlaceMetal PricesMining Markets and Investment NewsProfessional DirectoryQuerySt…
OBITUARY — Elaine McCombe
Elaine McCombe, wife of mining engineer Robert McCombe, has died.She is survived by children Ann, Linda, Heather and Roberta, as well as eight grandchildren.
Toronto CIM to set sail
The Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum will host its annual boat cruise and Monte Carlo night on August 19.Boarding of The Northern Spirit at the docks at the…
GOLD FUNDS (July 06, 1998)
Gold Funds as of June 25, 1998BGRCentralNet Value$13.65$5.93Price$10.05$5…
LETTERS TO THE EDITOR — Isolation breeds ignorance — Nature of business contributes to carelessness
The passing of David Walsh, the late president of Bre-X Minerals, closes the final chapter on an individual who orchestrated one of the biggest snowjobs in the history of the exploration industry.He w…
MINING MARKETS & INVESTMENT NEWS — Antares buys more of Steppe Gold
After completing a due diligence review, Antares Mining and Exploration (ANZ-T) has exercised its option to acquire a $1.7-million convertible debenture of Steppe Gold (SPE-V).The debenture is convert…