Meetings (April 12, 1999)
April 12, Western PacificApril 13, Blue GoldApril 13, TalismanApril 14, CassidyApril 14, RaindropApril 15, BradnerApril 15, Gold CanyonApril 16, BrennaApril 16, Colony PacificApril 16, EurekaApril 16,…
News
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Royal Oak approaches day of reckoning
The precious and base metals markets were relatively quiet during the holiday-shortened March 31-April 6 report period, with the biggest change seen in gold prices, which rose 45 cents to US$280.25 pe…
MINING MARKETS & INVESTMENT NEWS — INSIDER TRADING — Comaplex execs secure options
According to insider trading reports published by the Ontario Securities Commission in its OSC Bulletin, Comaplex Minerals (CMF-T) issued 795,000 options to four executives in February.Mark Balog, off…
COAL, URANIUM & OIL SANDS — Int’l Uranium looks to new feed sources
If it can be processed at a profit, it must be ore. Denver-based International Uranium (IUC-T), which operates the White Mesa uranium mill near Blanding, Utah, is finding that reprocessing of contamin…
COAL, URANIUM & OIL SANDS — U.S. Energy prepares for production
The Utah Department of Environmental Quality (DEQ) has issued a groundwater discharge permit to U.S. Energy (USEG-Q) for the Shootaring Canyon uranium mill in southeastern Utah.With this final permit,…
COAL, URANIUM & OIL SANDS — Arch sells portion of reserves
St. Louis-based Arch Coal (ACI-N) has sold a portion of its coal reserves at the Black Thunder mine near Gillette, Wyo., to its neighbour, Kennecott Energy.Kennecott, a subsidiary of Rio Tinto (RTP-N)…
PRODUCER & DEALER PRICES (April 12, 1999)
Antimony: Representative mid-market US$1,290 per tonne (April 6/99).Bismuth: Representative mid-market US$3.25 per lb. (April 6/99).Cadmium: Representative mid-market US$0.23 per lb. (April 6/99).Chro…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — VSE gains reflect internet-related stocks
As speculative interest in internet-related stocks grows to unparalleled heights, those stocks are beginning to represent a good portion of the most active trading issues by volume on both the Vancouv…
COAL, URANIUM & OIL SANDS — Saskatchewan to entrench status as world uranium king
On paper, Saskatchewan’s three uranium development projects together are expected to produce more than 13,000 tonnes of U3O8 a year — about 14% more than Canada’s current annual production from exist…
COAL, URANIUM & OIL SANDS — Challenging year keeps TVX Gold in the red
Fiscal 1998 proved to be a mixed bag for TVX Gold (TVX-T), with operational successes offset by depressed metal prices and obstacles in foreign jurisdictions.For the year ended Dec. 31, TVX posted a l…
COAL, URANIUM & OIL SANDS — Companies to turn weapons into energy
The governments of the U.S. and the Russian Federation have approved an agreement allowing three international companies to buy uranium derived from Russian nuclear weapons.Cameco (CCO-T) of Canada, C…
COAL, URANIUM & OIL SANDS — Royal Oak gets yet another chance — Court extends bankruptcy protection to beleagured company
The impatient creditors of Royal Oak Mines (RYO-T) have been told to wait just a little longer before they begin to pick at the bones of the moribund gold producer.Mr. Justice James Farley of the Onta…