Eastmain acquires BHP’s prospects
Eastmain Resources (ER-T) is acquiring BHP Minerals International’s interests in a portfolio of gold and base metal exploration projects in Eastern Canada.In return, BHP will receive a 3% net smelter …
1998
STOCK MARKETS — Western markets slip as composite, mining lose footing — Few juniors able to weather foul investor mood
The Vancouver Stock Exchange composite index dropped 38.16 points, or 6.2%, to close at 579.20 over the report period ended Jan. 13. The mining index also took a beating, falling 40.29 points, or 7.9%…
Phelps Dodge makes nickel-cobalt discovery in Madagascar
In its first foray into the nickel business, Phelps Dodge (PD-N) has discovered a potentially significant nickel laterite deposit in central Madagascar.Over the last two years, the Phoenix-based coppe…
PRODUCER AND DEALER PRICES (January 19, 1998)
Aluminium: LME settlements US$1,459.50, alloy US$1,315 per tonne (Jan.13/98).Antimony: Representative mid-market US$1,685 per tonne (Jan. 13/98).Bismuth: Representative mid-market US$3.25 per lb. (Jan…
Potash Corp. adds Potacan to holdings
The Potash Corporation of Saskatchewan (POT-T) has signed a letter of intent to purchase all the outstanding shares of potash producer Potash Company of Canada (Potacan) from equal partners Kali und S…
PEOPLE – DEREK
Brent Ehrl and Frank Hallam appointed directors.
PEOPLE — CONS. GRANBY (January 12, 1998)
Jose Orozco, appointed vp Latin American relations.
PEOPLE — BLACK HAWK (January 12, 1998)
Ned Goodman appointed director.
PEOPLE – BANFF
David Constable appointed vp investor relations.
PEOPLE – ABITIBI
Robert Woodfill appointed vp exploration.
DIAMOND PAGE — Archangel completes initial delineation drilling on Verkhotina pipe
Archangel Diamond (AAD-V) has announced more results from a recently completed definition-drilling program on Pipe 441 at its Verkhotina joint-venture project in northwestern Russia.A total of 10.8 to…
MOST ACTIVE ISSUES, Dec. 31-Jan. 6
ExchgVol(000s)Close.ZSInco LtdT428124.75Canabrva DiaV…