NEWS ROUNDUP — Cambior options Lac Dor property
Cambior (CBJ-T) has acquired an option to buy a 40% interest in the Lac Dor vanadium property from privately held McKenzie Bay Resources.Cambior must spend $4 million on a bankable feasibility study o…
News
METAL PRICES (July 26, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJuly 20July 19July 16July 15…
Snap Lake still sparkles
Test results from the second half of a 5,986-tonne kimberlite sample collected last winter from the NW dyke, owned by Winspear Resources (WSP-V) at Snap Lake in the Northwest Territories, have proven …
Meetings (July 26, 1999)
July 26, Big Bar GoldJuly 26, CypangoJuly 26, GoldstakeJuly 26, NetJuly 26, Texas TJuly 26, StarfieldJuly 27, AME ResourceJuly 27, Cons. Texas NorthernJuly 27, ContinuumJuly 27, OlympicJuly 27, Royals…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Aber-Tiffany deal adds sparkle to dim market
Gold dropped to yet another 20-year low during the quiet report period ended July 20, losing $2.70 to hit US$252.90 per oz. on the London morning fix of July 21.Most of Canada’s major gold producers s…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Summer doldrums dog western markets
The Vancouver Stock Exchange composite index lost 5.87 points, or 1.37%, closing the week ended July 20 at 423.74. The mining index lost 8.55 points to close at 279.43.The combined value of the Albert…
EDITORIAL & OPINION — NEW HORIZONS — Platinum keeps prototypes rolling
Zero-emmission power generation has long been the Holy Grail for environmentalists, industrialists and legislators. Increasingly tough pollution standards are the product of enormous pressure for chan…
Orezone strikes more gold at Kerboul in West Africa
Junior Orezone Resources (ORZ-M) has received more encouraging results from reverse-circulation drilling at its Kerboul gold property in northern Burkina Faso.Eight holes sunk in the Kerboul South z…
Manitoba passes registration law
Manitoba has joined the Northwest Territories, British Columbia, Alberta, Saskatchewan, Newfoundland and New Brunswick in passing legislation requiring geologists to be registered professionally.The n…
Placer, CVG mothball Las Cristinas
Placer Dome (PDG-T) and partner Corporacion Venezolana de Guayana have halted construction of the Las Cristinas gold mine in Venezuela as a result of dismal gold markets.The site will be put on care a…
Twin Gold eyes discovery
A tidewater diamond discovery in northern Quebec’s Ungava region has caught the eye of Twin Gold (TWG-T), a junior best known for its Atlanta gold project in Idaho.Twin Gold intends to test a dozen Gr…
Careers (July 26, 1999)
Ministry of Northern Development and MinesGeophysicist$52,3000 – $63,500Consider this opportunity with the Ontario Geological Survey (OGS), Precambrian geoscience section, to gather geophysical data, …