LME WHSE LEVELS (March 29, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar. 23/99 (change from Mar. 16 in brackets):MetalStocks(tonnes)Change…
News
LETTER TO THE EDITOR — Team-work leads to reliable resource models
Geostatistics has become a topic of hot debate. Graham Clow discussed the issues of qualitative judgment and quantitative estimation, Edward Isaaks argued for geostatistical training, and Ben Whiting …
SUPPLIERS NEWS ROUNDUP — Olympic Dam plants up and running
A new refinery and smelter are now on-stream at the Olympic Dam copper-uranium operation in Australia.Both plants were built by Kvaerner Metals for a total cost of $320 million as part of a larger, $2…
Research project finds home
A $6.8-million research and development program at Laurentian University in Sudbury, Ont., will focus on developing mining and environmental monitoring technology.The Ontario government provided $2.2 …
SUPPLIERS NEWS ROUNDUP — Cat wins education award
Machinery manufacturer Caterpillar received the Lamp of Knowledge award from Denver-based Mineral Information Institute for its video Common Ground and other teaching material.The video explains the i…
PEOPLE — Crystallex Int’l (March 29, 1999)
C.B. Cramm appointed vp of planning and acquisitions.
PEOPLE — Newmont Mining (March 29, 1999)
Robert Miller, James Taranik and Robert Quenon appointed directors.
Partners drill West Porcupine
Operator Battle Mountain Gold (BMG-N) has begun a 2,000-metre drill campaign at the West Porcupine gold property near Timmins, Ont.Drilling is targeted for eight areas, each of which is characterized …
Juniors target PGEs at Wolf Mountain property
The potential for discovering platinum group elements (PGE) in the backwoods of northern Ontario has attracted the attention of East West Resources (EWR-V) and Canadian Golden Dragon Resources (CGG-V)…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow’s 10K bid loses steam
After flirting with the 10,000 mark for more than a week, the Dow Jones industrial average fell 258.64 points, or 2.6%, to close at 9,671.83 for the report period ended March 23. The loss was primaril…
Etruscan finances Samira project
A US$3.5-million financing will allow Etruscan Resources (EET-T) to complete a feasibility study of the Samira Hill gold project in Niger, West Africa.The funds were provided by RMB Resources, a unit …
MOST ACTIVE ISSUES, March 17-23
ExchgVol (000s)HighLowCloseChangeInco LtdT1068122.9020.9020.95-1.15Barrick GoldT900528.4527.1027.30-0.20Placer DomeT744618.3017.2517.40-0.60Nuinsco ResT71612.841.521.90-0…