News


Index (December 14, 1998)

CareersClassifiedCommentaryDiamond PageDividendsDrillersEditorialGeology 101Insider TradingInvestment CommentaryLetters to the EditorMarket PlaceMetal PricesNews RoundupPeopleProfession…


NEWS ROUNDUP — Cheviot proposal to return to court

A ruling by the Federal Court of Appeal will enable environmental groups to challenge development of the Cheviot coal mine in Alberta.The court agreed with allegations from a coalition of five environ…


Noranda options prospect

Noranda (NOR-T) has signed a letter-of-agreement to option a second property from Golden Temple Mining (GTM-V) in the Mexican state of Guanajuato, near Leon.The Mexican subsidiary of Noranda can earn …


TSE SHORTS (December 14, 1998)

Short positions outstanding at November 30, 1998Larger individual positions include: Abitibi-Consolidated 1,299,255, up 160,265; Alcan Aluminium 1,128,040, down 230,566; Asia Pacific Resources 132,700…



Bolivar doubles mill capacity

Bolivar Goldfields (BVG-T) will double, to 1,400 tonnes, the daily capacity of the mill it bought in Venezuela last June.The refurbished Revemin mill will continue to process gold ore. Bolivar says th…


Imperial struggling in poor market

Suffering from poor commodity prices, Imperial Metals (IPM-T) posted a loss of $1.7 million (or 2 cents per share) for the third quarter, compared with a loss of $1.3 million (2 cents per share) a yea…


Guyana hits gold in first hole

The first hole in a 4-hole program at the Peters mine property in Guyana intersected 52 ft. of gold mineralization grading 0.2 oz. per ton at a depth of 331 ft., reports property owner Guyana Goldfiel…



Teck, WC test silver find

The extent of a near-surface, high-grade silver find on the El Salvador project in Mexico’s Zacatecas state remains unclear following the completion of an additional six holes in the immediate area.El…


Companies (December 14, 1998)

Agnico-Eagle MinesAkrokeri-Ashanti Gold MinesAlmaden ResourcesAltius MineralsAmbrex MiningAmerican GemAnglogoldArgentina GoldAsia Pacific ResourcesAuspex MineralsAvalon VenturesBarrick Gold…


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