Zinc zone grows, adds to Tambo Grande potential
The Tambo Grande polymetallic project in northwestern Peru continues to provide pleasant surprises for Manhattan Minerals (MAN-T).On the heels of outlining a sizable gold resource overlying the existi…
News
Luscar prepares for Cheviot duel — Environmental challenge threatens mine’s future
The battle over the future development of the proposed Cheviot coal mine rages on, slowly. The two combatants are Canada’s largest coal producer, Luscar Coal Income Fund, and a consortium of environme…
Imperial posts second-quarter loss
The combination of low metal prices and high costs at the Huckleberry copper-molybdenum mine caused Imperial Metals (IPM-T) to incur a loss in the second quarter.The company lost $2 million (or 3 cent…
Ecuadorian cuts more high-grade — 21-hole drill program tests Alejandra and Dorada zones at the Beroen property
Junior Ecuadorian Minerals (EMC-T) has intersected more high-grade gold-silver values at the Beroen property in Ecuador.The company recently completed 21 angled core holes, totalling 2,029 metres, on …
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — The major-junior dynamic
At a time when the mining industry is suffering a downturn, some Canadian majors are finding that their relationship toward juniors is remaining largely unchanged, whereas others are entering into new…
LETTER TO THE EDITOR — National geoscientists group already exists
I am writing in response to a letter by Buz Trevor (“Time for a national geoscience association,” T.N.M., Aug. 23-29/99). While the Canadian Council of Professional Geoscientists (CCPG) has no philoso…
MINING MARKETS & INVESTMENT NEWS — INSIDER TRADING — DiamondWorks exec beefs up holdings
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:DiamondWorks (DMW-T) — Delu Holender, director, indirectly sold 58,500 shar…
Coeur completes acquisition of Silver Valley
Coeur d’Alene Mines (CDE-N) has completed its acquisition of Silver Valley Resources and other assets from Asarco (AR-N) in a deal valued at US$33.4 million.The Idaho-based company granted Asarco 7.1 …
MINING MARKETS & INVESTMENT NEWS — Investment Commentary — Rio Tinto shareholders told it’s time to take profits
European investment houses T. Hoare Canaccord and Paribas have both rated shares of Rio Tinto (RTP-N) a “sell,” following the company’s release of mid-year production and earnings figures.London-based…
Apex tables feasibility for San Cristobal
The San Cristobal property in southwestern Bolivia will be one of the world’s largest and lowest-cost producers of silver and zinc, according to a recent feasibility study.The results of the study, co…
Partners improve Cerro San Pedro
An updated feasibility study at the Cerro San Pedro gold-silver deposit in Mexico has bumped up reserves for partners Cambior (CBJ-X) and Metallica Resources (MR-T).The study indicates that the deposi…
GREATEST VALUE TRADED, Sept. 8-14
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