CIM to examine Cominco refinery
The process adopted to increase the capacity of Cominco’s Cajamarquilla zinc refinery in Lima, Peru, will be explained at the next luncheon of the Vancouver branch of the Canadian Institute of Mining,…
News
THE NORTHERN MINER — NORTH AMERICAN MINING INDEX (October 26, 1998)
107.13 (+2.14)(Sept 30/98 = 100)…
DIAMONDS — Chronology of Ekati
* 1983 — Chuck Fipke forms Dia Met Minerals.* 1989 — Fipke finds traces of diamond indicator minerals near Lac de Gras in the Northwest Territories. He proceeds to stake claims in the area.* 1990 –…
MEG lunch to shed light on San Nicolas
The Vancouver Mining Exploration Group kicks off its 1998-99 luncheon series with a presentation on Mexico’s San Nicolas massive sulphide deposit in Mexico.The event is scheduled for Oct. 28 at 12 noo…
LETTER TO THE EDITOR — QP a scapegoat in an imperfect system
Recent letters to the editor have focused on the need for national standards for a “Qualified Person.” I think it would be worthwhile to review the players involved in a process that results in shares…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Market downturn won’t deter aggressive junior companies
With positive exploration results greeted more often with a selloff on the generation of liquidity than with an appreciation in share price, Canadian exploration juniors are battling a negative market…
Dispute filed in Saskatchewan
James Parres, president of CopperQuest (COPQ-C), has filed a lawsuit against Ipsco, a Regina-based steel firm, over rights to ground south of Choiceland, Sask., believed to be prospective for diamonds…
GOLD FUNDS (October 26, 1998)
Gold Funds as of October 15, 1998BGRCentralNet Value$14.176.05Price$11.00…
William tightens belt in Europe, South America
Mid-tier gold producer William Resources (WIM-T) is implementing an operating plan designed to trim its European output and suspend South American production.At its flagship Bjorkdal open-pit mine in …
Barrick leaves Chesbar on its own
Barrick Gold (ABX-T) has advised Chesbar Resources (CBI-M) that it will not proceed with further investment in the company and will therefore forfeit its rights at the junior’s gold properties in the …
Falconbridge eyes Darnley Bay anomaly
Subject to due diligence and the approval of the Inuvialuit people of the western Arctic, Falconbridge (FL-T) plans to participate in the ground evaluation program of the Darnley Bay anomaly at Paulat…
Franco-Nevada picks up 25% of Inco VBN
Somebody, at least, is prepared to invest in nickel mining in Labrador: Franco-Nevada Mining (FN-T) has purchased just over 25% of the VBN shares of nickel producer Inco (N-T).The $50-million deal giv…