It isn’t often that a junior company is pleased when a major company trespasses on its property to drill a few holes.But Nicholas Tintor, president of New Inca Gold (NIGL-C), says he is “extremely ple…
Singapore-based First Dynasty Mines (FDM-T) has exported its first shipment of gold dorefrom the Ararat tailings project in western Armenia.A total of 312 oz. gold was sent to a refinery in the United…
With pro-government forces now in control of the area surrounding the Koidu diamond concession in eastern Sierra Leone, DiamondWorks (DMW-T) is planning its return.At an annual meeting held recently i…
The ability of gold atoms to stick together even when beaten into gossamer-thin layers has been known since ancient Egyptian times. Now, researchers have produced an even thinner layer of gold — no t…
We appreciate your compliments in a recent editorial (“Congratulations, CIM,” T.N.M., May 4-10/98). In our centennial year, the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) is indeed p…
I am a shareholder of Casmyn, a company traded on the Nasdaq Bulletin Board. The shares of the stock went from around US$4 to a few cents in a couple of months. The company issued a statement in Febru…
The Dow Jones Industrial average continued its slow slide, finishing the May 20-26 report period down 90.92 points (1%) at 8,963.73. Trading was light because of the Memorial Day holiday May 25.All ma…
Settlement prices for London Metal Exchange spot metal and three-month contracts, May 26/98 (US$ per tonne):MetalsCash PriceThree Month Price…
Aluminium: LME settlements US$1,340, alloy US$1,259 per tonne (May 26/98).Antimony: Representative mid-market US$1,490 per tonne (May 26/98).Bismuth: Representative mid-market US$3.75 per lb. (May 26/…
After a 6-year production hiatus, the Cassiar asbestos project in British Columbia is ready to begin producing chrysotile fibres once again.Operator Mineral Resources (MIC-T), which holds a 100% inter…
An accident involving a truck on its way to the Kumtor gold mine in eastern Kyrgyzstan is causing headaches for Cameco (CCO-T) and may lead to a lawsuit or criminal proceedings.The truck, which was ca…
June 1, Int’l DamascusJune 1, NeutrinoJune 1, Pacific FalkonJune 1, Samax GoldJune 2, Eden RocJune 2, El CallaoJune 2, Golden QueenJune 2, GoldfundJune 2, GoldtrustJune 2, La TekoJune 2, LegionJune 2,…
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