AFRICA — Poplar eyes diamond project
Poplar Resources (PPX-V) intends to begin a bulk-sampling program at the Aardvark and Barkly West kimberlite fissures in South Africa.The company can earn up to a 60% interest in the diamond projects,…
1998
Pegasus crash-lands under debt load
Pegasus Gold (PGU-X) has lost its fight against the dwindling gold price and filed for bankruptcy protection after unsuccessful appeals for clemency to its major creditors.The company had been in nego…
AFRICA — Rex Diamond explores in Mauritania
Rex Diamond (RXD-T) has launched an exploration program aimed at finding diamond-bearing kimberlites in the desert of northern Mauritania.The diamond-producing company recently announced the discovery…
AFRICA — Raymor Resources tests gold projects in Mali
The success of the Sadiola Hill gold mine in Mali has prompted other Canadian juniors to take a serious look at the gold potential of the West African nation.Among those companies is Raymor Resources …
GREATEST VALUE TRADED, Jan. 14-20
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Caption ‘inaccurate’
The caption accompanying the front-page photograph on your Jan. 12-18 issue is inaccurate at best, and downright vindictive at worst.If John Felderhof was unaware of the salting scam at Busang, the wo…
EDITORIAL — Pathways ’98 celebrates Klondike gold rush — Vancouver goes global
The gold rush to the Yukon, the famous “Trail of ’98,” was instrumental in opening up the North to modern development. One hundred years later, the British Columbia and Yukon Chamber of Mines and the …
DIAMOND PAGE — Ashton sizes up K14 Alberta kimberlites
Ashton Mining of Canada (ACA-T) is encouraged by further results from bulk sampling on the K14 kimberlite complex and preliminary results from the K6 kimberlite at the Buffalo Hills project in north-c…
Commission urges probe of Noril’sk sale
A government commission in Russia has called for a halt to the privatization the Noril’sk Mining and Metallurgical Kombinat.The commission has recommended that the recent sale of the government’s rema…
New Britannia mine overachieving
Gold production is up and cash costs are down at the New Britannia mine in Manitoba.The mine, which is owned equally by TVX Gold (TVX-T) and High River Gold Mines (HRG-T), produced 91,415 oz. gold in …
TSE INDICES (January 26, 1998)
1998Jan. 20Jan. 19Jan. 16Jan. 15Jan. 14HighLowCom…
PRODUCER & DEALER PRICES (January 26, 1998)
Aluminium: LME settlements US$1,480.50, alloy US$1,339 per tonne (Jan.20/98).Antimony: Representative mid-market US$1,735 per tonne (Jan. 20/98).Bismuth: Representative mid-market US$3.35 per lb. (Jan…