Quebec unveils mining initiatives
With low metal prices putting a damper on exploration in the Abitibi greenstone belt, the Quebec government and the private sector are each taking steps to encourage mineral exploration in the provinc…
News
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Precious, base metal stocks continue rebound
Looking for a little safety in today’s turbulent markets, investors continued to flock to mining, oil and forestry stocks during the Sept. 16-22 report period. The TSE’s gold and precious metals sub-i…
Alta pours gold at Olinghouse
Alta Gold (ALTA-Q) has begun producing the yellow metal at the Olinghouse mine near Reno, Nev.The operation employs a gravity circuit, which produces concentrates that are melted into dore before bein…
Industry injections support MDRU program
Rio Algom and the Vancouver Stock Exchange recently madesizable contributions to the endowment fund of the University of British Columbia’s Mineral Deposits Research Unit (MDRU), though neither organi…
MINERAL EXPLORATION — CASE STUDIES — Porphyry Mountain discovery a solid technical success
In industry jargon, they are “technical successes” — remarkable discoveries accomplished under challenging conditions and which, at first glance, appear to have fallen short of the economic threshold…
LETTER TO THE EDITOR — Beware of clumsy rules
Nobody can disagree with the need to regulate the behavior of companies in our industry, but we must be on our guard against the rules getting out of hand. I suspect this is happening when the [Ontari…
LME WAREHOUSE LEVELS (September 28, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept.22/98 (change from Sept. 15 in brackets):MetalStocks(tonnes)Change…
SPOT PRICES (September 28, 1998)
Wednesday September 23, 1998Price (US)Week’s ChangeGold*$288.00- $1.15Silver*$ 4.8…
MINERAL EXPLORATION — CASE STUDIES — Winspear adopts systematic approach
Winspear Resources (WSP-V) is showing no signs of letting up on its year-round schedule of diamond exploration in the Northwest Territories.Since 1992, the Vancouver-based junior and its partners have…
MINERAL EXPLORATION — CASE STUDIES — Mustang tests PGE potential at East Bull Lake
Magmatic deposits of platinum group elements (PGE) are among the world’s rarest mineral repositories, but, with the aid of academic and government research, Mustang Gold (MUST-C) is confident it can b…
GREATEST VALUE TRADED, September 16-22
ExchgVal($000s)HighLowCloseChangePlacer DomeT2032…
DIAMOND PAGE — De Beers aims drills at Gope
De Beers Consolidated Mines (DBRS-Q) has begun a mini-bulk sampling program at the Gope diamond prospect in Botswana, held by TNK Resources (TNKR-C).Thirty-eight large-diameter (8.5-inch) holes will b…