PRODUCER & DEALER PRICES (February 22, 1999)
Antimony: Representative mid-market US$1,390 per tonne (Feb. 16/99).Bismuth: Representative mid-market US$3.15 per lb. (Feb. 16/99).Cadmium: Representative mid-market US$0.25 per lb. (Feb. 16/99).Chro…
News
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Few signs of life from VSE-listed junior explorers
There was little to cheer about during the report period Feb. 10-16, as western markets put in another lacklustre performance. The Vancouver Stock Exchange composite index slipped 5.43 points, or 1.3%…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Low copper pounds producers
The Dow Jones industrial average gained 164 points, or 1.8%, during the report period ended Feb. 16, to close at 9,297.03.Mining issues were mixed throughout the week, though copper producers were hit…
Xemac extends zone at Lac Barry gold project
A drill program by Xemac Resources (XEM-M) has extended the No. 2 gold zone at the junior’s Lac Barry project near Lebel-sur-Quevillon, Que.One of the holes testing the No. 2 zone returned 89.7 grams …
PEOPLE — Greenstone Res.
Allen Gordon appointed president, CEO and director. Rudi Fronk appointed chairman.
Meetings (February 22, 1999)
Feb. 22, AmeridexFeb. 22, ChapleauFeb. 22, RankinFeb. 22, SearchgoldFeb. 22, SharpeFeb. 23, BlackrockFeb. 23, Golden GramFeb. 23, RayrockFeb. 24, CimarronFeb. 24, InterprovincialFeb. 24, Rio AmarilloF…
Grayd tallies resource
Junior Grayd Resource (GYD-V) is encouraged by results of a resource calculation for its wholly owned Dry Creek polymetallic property in the Bonnifield mining district of Alaska.The estimate is based …
Refugio shows improvements
The Refugio mine in northern Chile is showing signs of improvement for equal owners Bema Gold (BGO-T) and Kinross Gold (K-T).The open-pit operation, which employs 3-stage crushing combined with heap l…
Pioneer drills at Riou Lake
Drilling is under way at Pioneer Metals’ (PSM-T) Riou Lake uranium project in Saskatchewan’s Athabasca Basin.Six holes totalling 4,000 metres are planned, three of which will test an electromagnetic c…
McWatters cuts production costs
Delayed development at one of its two mines near Val d’Or, Que., translated into lower production for McWatters Mining (MCW-T).Combined, the Kienna and Sigma mines cranked out 169,255 oz. in 1998, com…
NAME CHANGE (February 15, 1999)
General Allied Oil & Gas (ALO-V) has changed its name to Allied Resources (ALO-V) on a 1-new-for-5-old-share basis.
Manhattan passes hurdle at Tambo Grande
Manhattan Minerals (MAN-T) is one step closer to owning the Tambo Grande massive sulphide project in northern Peru.The Vancouver-based gold producer spent the past two years negotiating with the Peruv…