Falco pulls plug on Konkola
Base metal major Falconbridge (FL-T) has walked away from the Konkola copper project in Zambia.In February 1997, Falco entered into an arrangement with Anglo American’s 50.6%-owned subsidiary, Zambia …
News
SUPPLIERS NEWS ROUNDUP — Kvaerner wins Irish contract
Lisheen Mining, a joint venture between Minorco and Ivernia, has picked Kvaerner Cementation of Ireland to supply the zinc-lead concentrator for the treatment of underground ore from the Lisheen base …
MOST ACTIVE ISSUES, Mar. 18-24
ExchgVol(000’s)Close.ZSTVX Gold IncT102274.35Placer DomeT…
Latest results fuel SAR’s hopes in Sweden — Company plans re-evaluation of previous assays
The 39%-owned Swedish subsidiary of Vancouver-based South Atlantic Resources (SCQ-V) has received a pleasant surprise at its Vargbacken gold project in Sweden.Results from drill hole 16 show a 7.3-met…
EDITORIAL — Tulsequah Chief may be harbinger of change — Green for go
After three years of extensive review, the British Columbia government has granted Redfern Resources approval-in-principal to reopen the Tulsequah Chief mine, situated 120 km southwest of Atlin. The V…
DIAMOND PAGE — Tandem finds more gems
Tandem Resources (TDM-M) reports that preliminary testing of a small amount of drill core has confirmed the presence of microdiamonds and corundums on the company’s Guibord Twp. property east of Mathe…
TSE Short Positions (March 30, 1998)
Short positions outstanding at March 15, 1998Larger individual positions include: Abitibi Cons 1,773,252, up 1,017,691; Barrick Gold 14,199,979, up 742,249; Dayton Mining 941,238, down 216,306; Eldora…
SPOT PRICES (March 30, 1998)
Wednesday, March 25, 1998Price (US)Week’s ChangeGold*$298.50+ $9.40Silver*$ 6.34…
DIAMOND PAGE — KAP joint venture expands property holdings
The KAP joint venture has augmented its land position in north-central Ontario, following encouraging results from a heavy-mineral sampling program carried out by the Ontario Geological Survey (OGS).P…
NASD, AMEX agree to merge
As per mutual agreement, the National Association of Securities Dealers (NASD) will add the American Stock Exchange (AMEX) to its family of companies.The governing boards of both the NASD and AMEX san…
TORONTO STOCK EXCHANGE INDICES (March 30, 1998)
1998Mar.24Mar.23Mar.20Mar.19Mar.18HighLowComposit…
METAL PRICES – Daily Metal Prices (March 30, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMar. 24Mar. 23Mar. 20Mar. 19Mar…