1998

Disappointed by results from a mini-bulk sample, Ashton Mining of Canada (ACA-T) has suspended sampling work at kimberlite K-91 on the Buffalo Hills project in north-central Alberta.A 35.87-tonne samp…

Partners High River Gold Mines (HRG-T) and TVX Gold (TVX-T) report a drop in cash costs at their equally owned New Britannia gold mine in northern Manitoba.The underground operation turned out 24,660 …

Another mining venture in the former Soviet Union has found its way to international arbitration proceedings.Archangel Diamond (AAD-V) filed a request with a Swedish arbitration institute in a dispute…

Glamis Gold (GLG-T) tightened its belt and boosted efficiency to squeak out a profit of US$203,000 (or 1 cents per share) during the first six months of 1998.Quarterly results were not as positive. Th…

Recent insider trading, as reported by the Ontario Securities Commission in its OSC Bulletin, includes the following transactions:* .TAmerica Mineral Fields (AMZ-T) — Mark Collins, director, was gran…

Alberta EnergyAmerica Mineral FldsAnglo AmericanArchangel DiamondAriel ResArmada GoldAshton MiningAtna ResAurizon MinesAuspex MinBanff ResBanro ResourceBreakwater ResBYG Natural ResCaledonia MinCeltic…

The Vancouver Stock Exchange composite index took a nosedive during the report period ended Aug. 11, dropping 21.87 points, or 4.6%, to finish at 456.49. The mining index followed suit, plummeting 20….

Determined to define reserves to a minimum vertical depth of 150 metres, Gitennes Exploration (GIT-A) is pulling encouraging results from underground drilling at the Virgen property in northwestern Pe…

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…

Partners Celtic Minerals (CME-A) and Jilbey Exploration (JLB-M) have lured Rio Algom (ROM-T) to their equally owned Hungry Hill polymetallic property in central Newfoundland.Rio can earn a 51% interes…

The saga of the New World gold-silver-copper project in Park Cty., Mont., is drawing to a close, as former owner Crown Butte Resources and the U.S. government conclude a 2-year-old exchange deal.Crown…