TSE INDICES (December 28, 1998)
1998Dec. 21Dec. 18Dec. 17Dec. 16Dec. 15HighLowCom…
1998
Group picks up Santa Cruz
In a reverse-takeover, Santa Cruz Gold (SCG-T) has agreed to acquire all the shares of privately held Castle Exploration.The Denver-based private group will assume control of the Toronto-based junior …
McWatters explores near Sigma-Lamaque properties
As part of a larger plan to boost production and lower costs at its Val d’Or, Que.-area gold mines, McWatters Mining (MCW-T) has been carrying out near-surface exploration near its Sigma-Lamaque facil…
The Northern Miner — North American Mining Index (December 28, 1998)
92.54 (-1.63)(Sept. 30/98 = 100)’…
Delgratia signs deal to settle lawsuit
Delgratia Mining (DGRTF-OTC) has reached a tenative settlement that would put an end to class-action lawsuits filed against the company after a salting scandal at the Josh property in Nevada.Final app…
Inmet looks for gold-rich polymetallics in Urban
International miner Inmet Mining (INM-T) is investigating the Barry-Urban gold belt northeast of Val d’Or, Que., as a potential source of gold-rich massive sulphides.The senior base metal producer rec…
COMMENTARY — Industry as educators
As members of the mining industry, we see the world through “mining” eyes.This unique perspective is unavoidable: we not only know how vital the industry is to Canada’s economy, we are keenly aware of…
PRODUCER & DEALER PRICES (December 28, 1998)
Aluminium: LME settlements US$1,230.50, alloy US$1,030 per tonne (Dec.22/98).Antimony: Representative mid-market US$1,235 per tonne (Dec. 22/98).Bismuth: Representative mid-market US$3.10 per lb. (Dec…
DIAMOND PAGE — Chesbar gets drill permits
At long last, Toronto-based Chesbar Resources (CBI-M) has obtained permits to drill its Guaiquinima II and Anacoco II properties in Venezuela.The junior previously carried out geochemical surveys on t…
DIAMOND PAGE — Namibian Minerals posts second-quarter profit
Higher second-quarter production helped offset lower realized diamond prices for Namibian Minerals (NMR-T).The alluvial diamond producer cranked out 42,600 carats in the three months ended Nov. 30, co…
MOST ACTIVE ISSUES, Dec. 16-21
ExchgVol(000s)HighLowCloseChangeNoranda Inc.T4570…
DIAMOND PAGE — Judge calls for charges against Rovic
A judge has recommended that two employees of Rovic Diamonds and their employer be charged with culpable homicide in connection with a mud slide that killed 20 people at a diamond mine in South Africa…