A prefeasibility study of the Tabakoto gold deposit near Kenieba in western Mali concludes that the deposit can be mined profitably as a combined open-pit and underground operation.The study, commissi…
Continued weakness in the price of gold has led Washington state-based Royal Oak Mines (RYO-T) to revalue its assets at a gold price of US$300 per oz. and take an $86.4-million writedown on its mining…
They may not have the glamour of gold or the allure of diamonds, but potash and phosphates are producing plenty of profits for Potash Corporation of Saskatchewan.The Saskatoon-based company reported n…
Over the report period ended Nov. 17, the Toronto Stock Exchange 300 index overcame losses incurred in the previous week, with the broad market rising 1.3% to end the period at 6,337.78The TSE’s preci…
Lower costs and record production achieved by the New Britannia gold mine at Snow Lake, Man., have earned a third-quarter profit for High River Gold Mines (HRG-T).New Britannia, a 50-50 joint venture …
Underground sampling of historic workings in the main Venturina target zone in northern Mexico has yielded gold-silver values higher than those reported from previous surface samples.International Nor…
With another strong quarter under its belt, River Gold Mines (RIV-T) expects to surpass its 1998 production target for the Eagle River gold mine near Wawa, Ont.As of Sept. 30, the company had achieved…
Low gold prices are taking their toll on Kinross Gold (K-T) despite ongoing efforts to slash production costs at existing mines in the Americas, Africa and Far Eastern Russia.The company reported a ne…
Thunderwood Resources (THS-T) and Joutel Resources (JTL-T) have to merged to create Thundermin Resources. Shareholders of Thunderwood will receive one share and one share purchase warrant of Th…
108.50 (-1.95)(Sept 30/98 = 100)…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov. 17/98 (change from Nov. 10 in brackets):MetalStocks (tonnes)Change…
Aluminium: LME settlements US$1,296.50, alloy US$1,085 per tonne (Nov. 17/98).Antimony: Representative mid-market US$1,295 per tonne (Nov. 17/98).Bismuth: Representative mid-market US$3.20 per lb. (No…
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