Rift adds to African holdings
A letter-of-intent agreement sets the stage for Rift Resources (RIF-V) to acquire the Adi Nefas gold and polymetallic massive sulphide deposits near Asmara in the East African nation of Eritrea.Subjec…
News
Crystallex to bid on mine
Orphaned by the bankruptcy of Rea Gold, the San Gregorio mine in northern Uruguay has attracted the attention of Crystallex International (KRY-T).Crystallex announced it has “established the principle…
HBM&S launches program at Chisel North zinc deposit
Hudson Bay Mining & Smelting has announced a $17-million underground development program at its Chisel North zinc deposit near Snow Lake, Man.The company plans to drive a 2.6-km decline from the 140-m…
GREATEST VALUE TRADED (August 17, 1998)
ExchgVal($000s)HighLowCloseChangePlacer DomeT9149…
SPOT PRICES (August 17, 1998)
Wednesday Aug. 12, 1998Price (US)Week’s ChangeGold*$285.50-$3.35Silver*$ 5.25…
DIAMOND PAGE — SouthernEra forges ahead at Marsfontein
With their dispute over the Marsfontein farm settled, partners SouthernEra Resources (SUF-T) and De Beers Consolidated Mines (DBRSY-Q) have turned their attention to mining the high-grade M1 kimberlit…
DIAMOND PAGE — Merger talks put on hold
The proposed merger between Lytton Minerals (LTL-T) and New Indigo Resources (NDR-A), both of which are exploring for diamonds in the Northwest Territories, has been placed on hold.In press releases, …
SUPPLIERS NEWS ROUNDUP — Agnico-Eagle unloads Cobalt mill
Agnico-Eagle Mines (AGE-T) has sold its Pell mill site in Cobalt, Ont., to the Canadian subsidiary of East Hampton, N.Y.-based Sabin Metal. Privately held SMC Canada picked up the former mill for an u…
Placer, Barrick to evaluate Sukhoi Log
Two major Canadian mining companies have been awarded licences to study the Sukhoi Log gold deposit in northeastern Russia.Placer Dome and Barrick Gold have until Christmas to study the deposit in ant…
MOST ACTIVE ISSUES (August 17, 1998)
ExchgVol(000s)HighLowCloseChangePlacer DomeT5960…
TSE INDICES (August 17, 1998)
1998Aug. 11Aug. 10Aug. 7Aug. 6Aug. 5HighLowCompos…
Index (August 17, 1998)
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