TSE INDICES (January 25, 1999)
1999Jan. 19Jan. 18Jan. 15Jan. 14Jan. 13HighLowCom…
News
METAL PRICES (January 25, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJan. 19Jan. 18Jan. 15Jan. 14…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Deadly copper price snuffs out Highland Valley mine
The biggest story during the report period ended Jan. 19 was the announcement that the low-grade, high-tonnage Highland Valley copper mine in British Columbia would close in May.The decision was made …
DIAMOND PAGE — Lacklustre results from Buffalo Hills
Ashton Mining of Canada (ACA-T) has met with a setback at the Buffalo Hills diamond exploration project in north-central Alberta: the analysis of a mini-bulk sample from kimberlite K-11 has proved une…
MINING & OPINION – COMMENTARY — Gold hedging here to stay
Although hedging by gold mining companies has had a relatively short history, it has reached a position of great significance, and not just to producers. Nowadays, any potential investor, any dealer i…
Winspear to launch $12m program at Snap Lake project
Diamond explorer Winspear Resources (WSP-V) is gearing up for a $12-million drilling program designed to advance the NW Snap Lake project in the Northwest Territories.The project is focused on the exp…
MINING & OPINION — Mining towns lobby Ottawa — Reintroduce MEDA
Almost every North American geologist, mining executive and research analyst has one. Some have two or more white-knuckle stories to tell about their ventures into foreign lands. Few, however, are as …
Eastmain funds program
Acting on the principle that two treasuries are better than one, Eastmain Resources (ER-T) has joined forces with another junior to explore its Tingley Brook base metal property in New Brunswick’s Bat…
Cawse enters production
Australia’s Centaur Mining & Exploration (CEMGY-O) has achieved commercial production at Cawse nickel-cobalt mine in Western Australia.The open-pit laterite operation began producing cobalt in Decembe…
Piedmont to sell Haile project
In an effort to settle its long-standing dispute with partner Lancaster Mining, Piedmont Mining (PIED-O) will sell its minority interest in the Haile joint venture in South Carolina, For US$2 million,…
Vancouver star of Cordilleran Roundup
A technical session on diamonds, sponsored by De Beers Consolidated Mines, and an overview of volcanogenic massive sulphide (VMS) and carbonate-hosted polymetallic deposits in Mexico are but a few of …
Manhattan funds work program
Five private investors have agreed to buy more than 1 million special warrants of Manhattan Minerals (MAN-T) at $2.95 each. Gross proceeds are expected to total $3 million.Each special warrant will al…