TSE SHORTS (October 05, 1998)
Short positions outstanding at September 18, 1998Larger individual positions include:Abitibi Consolidated2,079,307, up 94,475; Alcan Aluminium 1,045,099, down 73,536; Asia Pacific Resources 255,400; B…
1998
PRODUCER & DEALER PRICES (October 05, 1998)
Aluminium: LME settlements US$1,312.50, alloy US$1,128 per tonne (Sept. 29/98).Antimony: Representative mid-market US$1,320 per tonne (Sept. 29/98).Bismuth: Representative mid-market US$3.25 per lb. (…
Atlas bears financial burden
Atlas (ATSP-O) has filed for bankruptcy protection, but will continue producing lead, zinc and silver at its Andacaba mine in southwestern Bolivia.Meanwhile, the company hopes to sell its 61% holding …
NEWS ROUNDUP — Leader, Ariel go separate ways
Juniors Leader Mining (LMN-A) and Ariel Resources (AU-T) have scrapped plans to merge.The companies, which in May signed a letter-of-intent to amalgamate, blame poor markets for their decision to forg…
NEWS ROUNDUP — Camnor, La Teko deal gets nod
Regulators have approved a deal for Camnor Resources (CMB-V) to earn a 51% interest in the 3,000-acre Discovery Gulch property of La Teko Resources (LAO-V) in Alaska.For its interest, Camnor must spen…
NEWS ROUNDUP — Junior expands strike of Copper Pond
Prospecting and mapping by Copper Hill (CUHL-C) have extended by 1.5 km the strike length of a massive sulphide zone on its Copper Pond property in Labrador.The 1998 program of geophysical surveys and…
Hornby Bay sizes up NWT zinc discovery
Hornby Bay Exploration (HBBY-C) is set to begin preliminary exploration on a recently discovered mineralized sulphide zone in the Hornby Basin of the Northwest Territories.The company intends to condu…
Careers (October 05, 1998)
Socit minire Raglan du Qubec Lte “SMRQ”, dont les oprations se situent la limite nord du territoire qubecois, constitue l’un des projets de mtaux de base les plus importants avior t ral…
TSE suspends Cobatec
The Toronto Stock Exchange has suspended trading in Cobatec (CBT-T) for failure to keep up the exchange’s listing requirements.Cobatec, which had been producing cobalt chemicals at a hydrometallurgica…
Atna, YGC wrap up at Wolf
Atna Resources (ATN-T) and YGC Resources (YGC-V) have completed their 1998 drill program on the Wolf property in southeastern Yukon. Thirty holes totalling 6,625 metres were drilled this past season. …
LME WHSE LEVELS (October 05, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept. 29/98 (change from Sept. 22 in brackets):MetalStocks (tonnes)Change…
DIAMOND PAGE — Archangel to explore in Finland
Archangel Diamond (AAD-V) has signed an agreement with a subsidiary of Popular Resources (PPX-V) to explore for diamonds in southern Finland.The agreement affects 39 claims, or 3,200 acres, near Oulo,…