Altoro gears up to drill Pedra Branca project
Eyebrow-raising trench results, favourable geology and limited but enticing historic drill intercepts have whetted Altoro Gold’s (ATG-V) appetite for exploration at its Pedra Branca platinum-palladium…
News
MOST ACTIVE ISSUES (November 08, 1999)
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MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Vancouver markets languish; Alberta chases bull
The Vancouver Stock Exchange composite index slid 1.08 points, or 0.3%, over the report period ended Nov. 2, finishing the week at 394.12. The mining index followed suit, losing 2.68 points, or 0.97%,…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — TSE climbs with a little help from base metals
The Toronto Stock Exchange 300 index jumped 150.44 points during the report period ended Nov. 2 to finish at 7,215.32. Resource stocks were mixed: the metals and minerals sub-group rose 10.57 points t…
SUPPLIERS NEWS ROUNDUP — Sea rates for minerals drop
Ocean shipping rates for mineral commodities declined over the past 18 months, according to a survey by Western Mine Engineering.Rates for “Cape” vessels, the largest ocean-going transports, with a ca…
High gold values uncovered at Linear Group properties
Junior United Carina Resources (UCA-V) has received encouraging results from preliminary drilling at its Linear Group gold property near Gander, Nfld.Ten holes totalling 550.2 metres were drilled to f…
Gold Fields eyes St. Helena mine
Gold Fields (GOLD-Q) plans to acquire all the outstanding shares of Johannesburg-listed St. Helena Gold Mines it does not already own.The South African-based company hopes to acquire the shares (equiv…
PEOPLE — Sterling
Stewart Gibson appointed COO.
PEOPLE — Sierra Nevada
M.W. Lee appointed interim president.
PEOPLE — Rupert
Roger Haiat appointed non-executive director.
Ecuadorian defers payment
Rio Tinto (RTP-N) has allowed Arizona-based junior Ecuadorian Minerals (EMC-T) to defer the first year’s property payment at the Beroen gold-sliver project in Ecuador until completion of a bankable fe…
High River gets record production, lower costs
Approaching the end of its fourth year as a producer of the yellow metal, High River Gold (HRG-T) has reported record output at reduced cash costs from both its major operations.The New Britannia mine…