A mapping and sampling program is under way at the Gunsite property, 90 miles north of Anchorage, Alaska, at the northwestern end of the historic Palmer gold mining district.The project was recently a…
Wednesday Aug. 26, 1998Price (US)Week’S ChangeGold*$282.50-$3.25Silver*$ 4.97…
Saying that uranium prices are too low to sustain mining, Cogema Resources has moved up the anticipated closure of the Cluff Lake mine in northern Saskatchewan.The mine is now expected to close at the…
A kimberlite deposit has been found in the Iron Mountain district of Wyoming, about 55 km northwest of Cheyenne.The garnets recovered from the kimberlite were classified as either G9 and G10 following…
ExchgVol000s)HighLowCloseChangePlacer DomeT5554…
First Australia and Indonesia, then New Caledonia, and now China. The list of countries vying to lure North American companies to explore and develop nickel deposits continues to grow, adding to fears…
In bear markets, some companies are worth more dead than alive. That appears to be the hard-nosed rationale behind Quest Ventures’ effort to gain control of Rayrock Resources (RAY-T), in which it hold…
I became an assistant mine inspector on March 1, 1916, at which time I moved my family to Sudbury.I was prepared to take it easy for a few days, but on my first day, before breakfast, Tom Sutherland, …
Though still in the red, First Dynasty Mines (FDM-T) managed to improve its bottom line in the first half of the year.The Singapore-based company lost US$4.5 million in the 6-month period ended June 3…
We were heartened that the issue was discussed at all, because a public debate is certainly warranted. Even so, we were less than impressed with the conclusion, proferred by some respected Canadians, …
Per your editorial “Anyone listening?” (T.N.M., Aug. 17-23/98), we are listening from the trenches and the diamond drill sites. We do need some reasonable qualification that can be policed in order to…
Gold Funds as of Aug 20, 1998BGRCentralNet Value$12.92$5.98Price$9.30$5.8…
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