Aquest drills in Guatemala
Junior Aquest Minerals (AQU-V) has begun a 5,000-metre program of reverse-circulation drilling at the Anabella gold project in western Guatemala.The company is testing the extent and grade of gold min…
News
Bolivar to extend life of Tomi
During a 1-year preproduction and ramping-up period, the Tomi gold mine in Venezuela’s El Callao district processed and sold 30,000 oz. gold and generated revenue of US$8.6 million. The open-pit opera…
PRODUCER & DEALER PRICES (June 21, 1999)
Antimony: Mid-mkt US$1,270/t (June 15/99).Bismuth: Mid-mkt US$3.65/lb (June 15/99).Cadmium: Mid-mkt US$0.22/lb (June 15/99).Chromium: Recent trades US$60.00-90.00/t (June 15/99).Cobalt: Recent trades …
TSE INDICES (June 21, 1999)
1999Jun. 15Jun. 14Jun. 11Jun. 10Jun. 9HighLowComp…
GOLD FUNDS (June 21, 1999)
Gold Funds as of June 10, 1999BGRCentralNet Value$12.865.32Price$8.75$5.3…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Analysts view EuroZinc as small-cap zinc producer
Base metals have long been the workhorses of the mining industry, with lower profit margins and less glamour than gold. But since the yellow metal began its downward tumble, analysts have shown renewe…
DIAMOND PAGE — Navigator disappointed
A drilling effort on the South Contwoyto Lake diamond property in the Northwest Territories came up empty for Navigator Exploration (NVR-A).The junior tested five high-priority targets with 550 metres…
MINING MARKETS & INVESTMENT NEWS — Prospex approves Semafo merger
At their annual meeting, shareholders of Denver-based Prospex Mining (PRM-V) approved of a merger with Montreal-based Semafo (SMF-T.UNDER THE MERGER PLAN, PROSPEX WILL BECOME A WHOLLY OWNED SUBSIDIARY…
METAL PRICES (June 21, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJune 15June 14June 11June 10…
Chapleau, White Knight test properties
Partners Chapleau Resources (CHI-V) and White Knight Resources (WKR-V) have resumed drilling on their Squaw Creek gold property in Nevada.The property lies on the northern end of the Carlin trend, bet…
Greenstone tunes up Cerro Mojon gold mine
The Cerro Mojon gold mine in Nicaragua is operating better than planned, reports Greenstone Resources (GRE-T).In the first five months of the year, the open-pit, heap-leach operation cranked out 29,96…
Companies (June 21, 1999)
Aber ResourcesAfcan MiningAltavista MinesAnglogoldAquest MineralsArchon MineralsArmistice ResourcesAtna ResourcesBattle Mountain GoldBema GoldBirim GoldfieldsBolivar GoldfieldsBroken Hill ProprietaryB…