The story “Junior eyes rare-metal pegmatite” (T.N.M., May 31-June 6/99) by John Cumming contains a number of inaccurate and misleading statements calculated to cause confusion among your readers.Contr…
X-Cal Resources (XCL-T) is still hot on the Sleeper gold project in northern Nevada, having recently tabled a new resource estimate.Preliminary resource figures were updated by Sierra Mining & Enginee…
During the past few months, I spent many enjoyable evenings watching some of the most talented hockey players in the world battle for the Stanley Cup. Although few fans think about it, the game would …
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Glamis Gold (GLG-T) has sold its entire block of shares in BlackRock Ventures (BVI-T) for gross proceeds of US$9.7 million.The former now has US$39.6 million in working capital, of which US$35.6 milli…
To alleviate its US$115-million debt load, Vengold (VEN-T) has sold 25 million shares of Lihir Gold (LIHRY-Q).The proceeds, which tally to about $25 million (Australian), will reduce Vengold’s outstan…
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Following a momentous year culminating in the sale of its prized Midas project, Romarco Minerals (R-T) is getting back to the business of exploring for gold in Nevada.In November 1998, Romarco sold it…
Antimony: Representative mid-market US$1,255 per tonne (June 8/99).Bismuth: Representative mid-market US$3.65 per lb. (June 8/99).Cadmium: Representative mid-market US$0.22 per lb. (June 8/99).Chromiu…
Short positions outstanding at May 31, 1999Larger individual positions include: Abitibi-Consolidated 1,514,975, up 609,619; American Gem 1,068,652, up 879,377; Anderson Exploration 338,111, down 125,3…
Effective June 8, Minroc Mines became Cassiar Mines & Metals (CIR-T) and drew down a $5-million financing for its magnesium-chrysotile project at Cassiar in northern British Columbia.The past-producin…
Encouraging results are reported from the Munn Lake kimberlite sill discovery at the Back Lake project in the Northwest Territories.A 42-kg aggregate kimberlite sample collected from two core holes an…
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