Study gives nod to Philippine nickel project
Based on a positive prefeasibility report by Kvaerner Metals, the Nowegian firm Mindex ASA is gearing up to advance its Sablayan nickel-cobalt project in the Philippines, with a view to beginning prod…
News
MOST ACTIVE ISSUES (August 24, 1998)
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Semafo, High Desert to merge
Under a merger agreement reached this week, West African explorer Semafo (SMF-T) will merge with royalty company High Desert Mineral Resources (HDR-V).High Desert shareholders will take away a 55% sta…
Grayd pulls VMS values from Dry Creek property
Grayd Resources (GYD-V) continues to hit impressive massive sulphide intersections at its wholly owned Dry Creek property near Fairbanks, Alaska.The company recently released results from seven drill …
COMMENTARY –A new approach to land use
Several jurisdictions across the country are engaged in consultations designed to develop plans for the future use of Crown land. Much of the struggle hinges on finding a balance between two apparent …
SUPPLIERS NEWS ROUNDUP — Knelson expands in BC
Knelson Concentrators has constructed an additional development laboratory in Langley, B.C.The Knelson Research and Testing Centre will test gravity recovery rates for local and international explorat…
McClean Lake approved
The Atomic Energy Control Board (AECB) has approved construction of the tailings storage plant at the McClean Lake uranium project in northern Saskatchewan.McClean Lake, which has a minable reserve of…
Correction (August 24, 1998)
In our Aug. 17-23 issue, we stated that 47,300 oz. gold was produced from the Canadian mines of River Gold Mines (RIV-T) in the first half of 1998 at a cash cost of US$296 per oz. The correct cash cos…
Atlas, Arizuma plan merger
Juniors Atlas Mining Company (ALSM-N) and Arizuma Silver (ARZS-C) have signed an agreement-in-principle to merge.Under the proposed plan, Atlas shareholders would hold 51% of the voting shares of the …
FACTS ‘N’ FIGURES — IMF to hang on to gold
Although gold no longer has an official role to play in the international monetary system, it continues to serve an important function by underpinning the financial strength of the International Monet…
NEWS ROUNDUP — Indochina reports discovery
Vancouver-based Indochina Goldfields (ING-T) has discovered polymetallic mineralization at its Sekatak project in northeastern Kalimantan, Indonesia.The “potentially significant” discovery consists of…
Companies (August 24, 1998)
Aber ResAmblin ResourcesAnglogoldAquiline ResArgosy MiningArizuma SilverArmada GoldAtlas MiningAur ResourcesAurcanaAuspex MineralsB.Y.G. Natrl ResBarrick GoldBattle Mtn GldBolidenCaledonia MgCambiorC…