Meetings (October 26, 1998)
Oct. 26, GoldbrookOct. 26, RetrieveOct. 27, Cons. Sarabat GoldOct. 27, Ebony GoldOct. 27, JoutelOct. 27, OhioOct. 27, Royal SovereignOct. 27, ThunderwoodOct. 28, AltiusOct. 28, Big ValleyOct. 28, Telf…
News
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — TSE rallies on lower interest rates, golds still sluggish
Falling U.S. and Canadian interest rates translated into significant gains for the Toronto Stock Exchange 300 index, with the broad market rising 5.9% over the report period Oct. 14-20 to end at 5,870…
Newmont anticipates boost at Yanacocha
Extensive drilling at Peru’s Yanacocha mine, South America’s largest gold mine, is expected to boost gold reserves considerably.The mine’s operator and 51%-owner, Newmont Mining (NEM-N), predicts that…
DIAMONDS — From incredulity to reality: the birth of a diamond mine
The press release of Nov. 5, 1991, set off alarm bells in London, Sydney and Johannesburg, where headlines heralded a “major discovery” and a “coup” for Australia’s BHP Minerals. Foreign investors scr…
TVX to appeal ruling giving Alpha stake in Kassandra
Alan Lenczner has done it again. The legal hero of the Lac vs. Corona decision has successfully argued breach of fiduciary duty in another mining case, wresting a 12% interest in the Kassandra gold pr…
EDITORIAL & OPINION — GEOLOGY 101 — MVT lead-zinc deposits, Part 1
Mississippi Valley-type (MVT) deposits are named for the region of the U.S., along the Mississippi River, where these deposits were first discovered.Deposits of this class are major producers of lead …
CIM to examine Cominco refinery
The process adopted to increase the capacity of Cominco’s Cajamarquilla zinc refinery in Lima, Peru, will be explained at the next luncheon of the Vancouver branch of the Canadian Institute of Mining,…
THE NORTHERN MINER — NORTH AMERICAN MINING INDEX (October 26, 1998)
107.13 (+2.14)(Sept 30/98 = 100)…
DIAMONDS — Chronology of Ekati
* 1983 — Chuck Fipke forms Dia Met Minerals.* 1989 — Fipke finds traces of diamond indicator minerals near Lac de Gras in the Northwest Territories. He proceeds to stake claims in the area.* 1990 –…
MEG lunch to shed light on San Nicolas
The Vancouver Mining Exploration Group kicks off its 1998-99 luncheon series with a presentation on Mexico’s San Nicolas massive sulphide deposit in Mexico.The event is scheduled for Oct. 28 at 12 noo…
LETTER TO THE EDITOR — QP a scapegoat in an imperfect system
Recent letters to the editor have focused on the need for national standards for a “Qualified Person.” I think it would be worthwhile to review the players involved in a process that results in shares…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Market downturn won’t deter aggressive junior companies
With positive exploration results greeted more often with a selloff on the generation of liquidity than with an appreciation in share price, Canadian exploration juniors are battling a negative market…