Falconbridge predicts growth in base metals
Though depressed metal prices curtailed first-quarter earnings for Falconbridge (FL-T), company president Oyvind Hushovd told shareholders at their recent annual meeting that brighter times are ahead….
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GEOLOGY 101
Banded iron formation-hosted gold deposits, Part IBanded iron formation-hosted gold deposits consist of gold intergrown with quartz and/or sulphide minerals in deformed and structurally complicated ir…
1998 Mining for Miracles campaign launched
The 11th annual Mining for Miracles campaign is under way in British Columbia.Over the past 10 years, the campaign has raised and contributed almost $3.5 million to B. C.’s Children’s Hospital Foundat…
CORRECTION (April 27, 1998)
In our April 13 report on Cameco’s (CCO-T) Cigar Lake project, we stated that the Midwest project “has yet to be granted government approval.” In fact, the Midwest project received approval from the g…
NEW LISTINGS — Vancouver Island attracts Snowfield
With its recent listing on the Vancouver Stock Exchange, Snowfield Resources (SNO-V) intends to drum up financial support to further explore its Snow property on Vancouver Island, B.C.The gold-silver …
CIM prepares to take a licking
Canada Post will issue a stamp to honor the 100th anniversary of the founding of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM).The stamp was designed by Monique Dufour and Sophie La…
SPOT PRICES GOLD FUNDS
Wednesday, April 22, 1998Price (US)Week’s ChangeGold*$311.20+ $2.85Silver*$ 6.31…
Nevada Pacific strikes deals on gold projects
Privately owned Nevada Pacific Gold has struck a tentative deal with royalty sisters Euro-Nevada Mining (EN-T) and Franco-Nevada Mining (FN-T) to explore the companies’ South Carlin property, in Nevad…
EDITORIAL — Delgamuukw ties B.C. in knots — The pall of uncertainty
As Eastern Canada trucks along to economic recovery and Alberta basks in its status as an investment haven, British Columbia is floundering under the combined weight of the Asian crisis and poor gover…
Monopros joins Alberta hunt
Monopros, no stranger to Alberta diamond exploration, has thrown its hat into the ring and entered into a proposed joint-venture agreement with Troymin Resources (TRY-A) on a land package totalling 1….
Naneco commissions study for deposit
Calgary-based Naneco Minerals (NNE-A) has retained the consulting group of Watts Griffis & McOuat to prepare a prefeasibility study on the Jiawula polymetallic deposit in the Inner Mongolia region of …
LionOre posts writedown
LionOre Mining International (LIM-T), which continues to explore for gold and nickel in Australia and Botswana, has readjusted its books in response to weak gold prices and a decline in the Australian…