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…
News
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…
MINERAL EXPLORATION — CASE STUDIES — Black Hawk develops local talent
The string of exploration successes at the Limon project in northwestern Nicaragua is more a function of personnel than of exploration techniques, according to mine owner Black Hawk Mining (BHK-T).”Th…
MINERAL EXPLORATION — CASE STUDIES — McVicar Minerals sets sights on Chinese potential
The notion, expressed by Kipling, that East is East and West is West is being increasingly challenged in today’s global economy. Indeed, the twain appear not only to be meeting but forming business de…
Golden Phoenix starts program
In an attempt to increase resources, Golden Phoenix Minerals (GPXM-O) has begun a 20-hole drill program at its High Grade gold project in northeastern California.The property contains a volcanic-hoste…
Careers (September 28, 1998)
The waiting is over, the speculation mute. Price Waterhouse and Coopers & Lybrand have become PricewaterhouseCoopers; a remarkable new organization that has been helping business do business for more …
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Industry contraction helps the big get bigger
London-based analysts Emil Morfett and Nigel Kieser of J.P. Morgan Securities expect that Rio Tinto (RTP-N) will use its financial muscle to acquire quality assets now available at reduced prices.”In …