LME WHSE LEVELS (November 23, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov. 17/98 (change from Nov. 10 in brackets):MetalStocks (tonnes)Change…
News
PRODUCER & DEALER PRICES (November 23, 1998)
Aluminium: LME settlements US$1,296.50, alloy US$1,085 per tonne (Nov. 17/98).Antimony: Representative mid-market US$1,295 per tonne (Nov. 17/98).Bismuth: Representative mid-market US$3.20 per lb. (No…
Sunshine writes down investment in mine
Disappointing drill results have forced Sunshine Mining & Refining (SSC-N) to write down a major portion of its investment in the Sunshine mine in northern Idaho.Against its third-quarter earnings, th…
St Andrew Goldfields improves bottom line
While still in the red, St Andrew Goldfields (SAS-T) managed to improve its balance sheet in the third quarter.For the three months ended Sept. 30, the junior lost $47,000 on revenue of $1.8 million, …
Gold Canyon finds new partner for Springpole
In return for exploration expenditures of $2.5 million over four years, Wyoming-based Pasco Rico Resources can earn up to a 51% interest in Gold Canyon Resources’ (GCU-V) Springpole Lake gold project …
Nevsun updates, upgrades Kubi resource
Nevsun Resources (NSU-T) has released an updated resource estimate for the Kubi gold project in Ghana, based on work carried out since July 1997.The estimate by Pearson, Hofman & Associates (PHA) also…
MINING MARKETS & INVESTMENT NEWS — Cusil Venture completes IPO, Spectrum seeks suspension
Nevada Pacific Gold (NPG-V) has been called for trading on the Vancouver Stock Exchange on the condition that it publicly offer 3 million shares at 75 cents each.Proceeds from the offering will be use…
EDITORIAL & OPINION — Silent majority less silent — Ears to hear
A new poll suggests British Columbians are more worried about their economy than ever. More than one in three citizens of Canada’s most westerly province, or 36%, say the economy is their greatest con…
DIAMOND PAGE — DIAMOND NEWS ROUNDUP — Arbitration delays Northbank
A dispute over compensation owed to the owner of the Northbank diamond property, operated by Trans Hex International (THI-T) in Namibia, will be taken to arbitration.The move will delay development of…
Careers (November 23, 1998)
We are a TSE-listed junior company located north of Toronto, with numerous active gold and base metal projects in Canada and overseas.INVESTOR RELATIONS MANAGERWe are seeking a proven, successful inve…
Index (November 23, 1998)
CareersClassifiedCommentaryDiamond News RoundupDiamond PageDrillersEditorialGuest ColumnInsider TradingInvestment CommentaryLetter to the EditorMarket PlaceMetal PricesMining Markets and …
Westray tragedy mired in fresh controversy
Inquiry may have been unaware of defective methane-detectors Lawyers representing the families of some of the miners killed in the May 1992 explosion at the Westray coal mine are weighing new informat…