Platinova receives backing from Greenland
Toronto-based Platinova (PAS-T) has secured a private placement with the government of Greenland.Greenland has purchased 1.4 million Platinova shares at $1.51 per share, the total value of which is $2…
News
Alaskan conference to highlight past and future
A conference designed to focus on both the past and future of the mineral industry will be held Sept. 9-13 at the Carlson Center in Fairbanks, Alaska.Entitled “International Symposium on Mining” and c…
STOCK MARKETS — Gold stocks slammed by troubled bullion market — Gold sale Down Under gives investors the jitters
While the Toronto Stock Exchange continued to set records over the report period July 2-8, the TSE’s gold and precious minerals sub-group, wounded by the meltdown in the gold market, lurched to an ind…
Geophysical conference attracts international audience
More than 80 presentations will be made at a conference on geophysical and geochemical exploration technology scheduled for Sept. 14-18 at the Metro Toronto Convention Centre.Entitled “Exploration ’97…
COMMENTARY –Reserve and resource estimation, Part 2
When considering investing in junior mining stocks, potential backers are strongly advised to query mining promoters and company officials on the calculation of reserve estimates. Among the questions …
Mining companies urged to note differences in laws
Failure by mining companies to understand the differences between anglophone and francophone legal systems in Africa countries can prove costly, according to a study by Price Waterhouse.African countr…
METAL PRICES — Daily Metal Prices (July 14, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJuly 8July 7July 4July 3July…
DIAMOND NEWS ROUNDUP — Diavik JV releases results
Joint-Venture partners Diavik Diamond Mines and Aber Resources (ABZ-T) have released preliminary results from a program that involved the drilling of 11 large-diameter holes at their Diavik diamond pr…
Anvil Range to fund stripping
Anvil Range Mining (ARO-T) has entered into an agreement that paves the way for a stripping program at its Grum deposit in the Yukon.The company has reached an agreement-in-principle for a $15-Million…
MOST ACTIVE ISSUES (July 14, 1997)
ExchgVol(000s)ClosePlacer DomeT1301920.10Barrick GoldT…
Iscor looks to S.E. Asia
A unit of Iscor, a major South African steel and mining company, plans to acquire 2.4 million shares of Omax Resources (OXR-V).The purchase is part of Iscor’s strategy to grow by taking on internation…
TSE INDICES (July 14, 1997)
1997July 8July 7July 4July 3July 2HighLowComposit…