Banro employees, lawyers charged in DRC
Banro Resource (BNRS-C) reports that two employees from its Congolese subsidiary and two attorneys from Banro’s legal advisor, Mitchell and Associates, were charged with “high treason” in the Democrat…
News
METAL PRICES (July 12, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJuly 6July 5July 2July 1…
TSE INDICES (July 12, 1999)
1999Jul. 6Jul. 5Jul. 2Jul. 1Jun. 30Hi.TghLowCompo…
Winspear releases Snap Lake estimates
The total in situ “global tonnage” resource for the NW Snap Lake kimberlite dyke is estimated at 23.4 million tonnes, with an average vertical thickness of 2.44 metres.Snap Lake is part of the Camsell…
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Zinc holding its own
In 1998, an estimated $236 million was budgeted for worldwide zinc exploration, a 13% decline from the year before. Although exploration budgets are being cut significantly again this year, the relati…
TVI lures Japanese firms to Canatuan
Two Japanese companies have taken an interest in the Canatuan polymetallic project of TVI Pacific (TVI-T).Situated on the Philippine island of Mindanao, the property hosts oxide resources of 935,500 t…
Meetings (July 12, 1999)
July 12 AppalachesJuly 12 AubetJuly 12 CliftonJuly 12 Molycor GoldJuly 12 VerdstoneJuly 12 Western TroyJuly 12 Windy MountainJuly 13 CristobalJuly 13 SerengetiJuly 14 BattlefieldJuly 14 MirandorJuly 1…
Companies (July 12, 1999)
Aber ResourcesAfrioreAlta GoldArabian Shield DevelopmentArchon MineralsAsarcoAshanti GoldfieldsAtna ResourcesBanro ResourceBarrick GoldBattle Mountain GoldBHP DiamondsBolidenBroken Hill ProprietaryCam…
Partners secure US$1.3-billion Antamina financing — Rio Algom boosts Spence resource by 100 million tonnes
Already destined to become the world’s third-largest zinc and seventh-largest copper mine, the Antamina deposit in Peru now holds the distinction of being the recipient of the largest financing ever f…
INSIDER TRADING — Kinross, Viceroy repurchase shares
Recent filings with the Ontario Securities Commission show that both Kinross Gold (K-T) and Viceroy Resource (VOY-T) repurchased shares in their respective companies in April. The former bought 1.3 mi…
PRODUCER & DEALER PRICES (July 12, 1999)
Antimony: Mid-mkt US$1,245/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Recent trades US$60.00-90.00/t.Cobalt: Recent trades US$21.75-22.75/lb.Copper: Comex Sept. US$0.762/lb.In…
Old copper mine is for the birds — Miner, conservation group join to create wetlands
The past-producing Solbec mine, near Stratford, Que., will become a nature preserve under a partnership between owner Cambior and conservation group Ducks Unlimited.Cambior will spend $120,000 over th…