Francisco boosts Sauzal resource
Junior Francisco Gold (FGX-V) has increased the indicated resource estimate at its wholly owned El Sauzal project in northern Mexico. The gold resource has grown by 370,000 ounces, or 12.5%, and now s…
1998
MINING MARKETS & INVESTMENT NEWS – QUERY — Four Applegath companies all inactive
Whatever became of the merger between Tundra Gold Mines, Oneida Resources and Golden Pond Resources?Also, what happened to Catear Resources and Villeneuve Resources? Lucian Roberts,Grand Bend, Ont.Tun…
Sea’s bounty focus of conference
The Underwater Mining Institute will hold its annual conference from Oct. 21 to 24 at the Days Inn in downtown Toronto.Technical sessions will feature discussions of diamond and metal recovery from th…
Bolivar producing at Tomi mine
By year-end, some two months ahead of schedule, Bolivar Goldfields (BVG-T) expects to have completed fine-tuning of the mill and achieved full production at its newly commissioned Tomi gold mine in Ve…
MINING MARKETS & INVESTMENT NEWS — Low prices drive producers to buy back shares
With weak copper and gold prices sending shares of producers to their lowest levels in years, some companies are diving into the bargain-basement equity market to buy back their own shares.As the Dow …
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Gold gains some lustre in Asia
The Asian economic crisis has continued to have an adverse effect on gold demand in those markets, with the exception of Vietnam. However, gold consumption turned positive in the second quarter as dem…
LETTERS TO THE EDITOR — National QP standards a must
I couldn’t agree more with Ben Ainsworth’s letter (T.N.M., Aug. 31-Sept. 6/98) advocating a national standard for those of us who might be classified as “Qualified Persons.” The current state of affai…
PRODUCER AND DEALER PRICES (September 14, 1998)
Aluminium: LME settlements US$1,355, alloy US$1,160 per tonne (Sept. 1/98).Antimony: Representative mid-market US$1,250 per tonne (Aug. 25/98).Bismuth: Representative mid-market US$3.45 per lb. (Sept….
Meetings (September 14, 1998)
Sept. 14, Camnor –Sept. 14, Cont’l Precious Minerals –Sept. 14, Int’l Taurus –Sept. 14, Tenajon –Sept. 14, Western Pacific –Sept. 15, Altagem –Sept. 15, Ascot –Sept. 15, Mazarin –Sept. 15, Med…
METAL PRICES (September 14, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateSept. 8Sept.7Sept.4Sept.3…
VenCan seeks remedy in Edwards dispute
Operator River Gold Mines (riv-t) says the Edwards mine, northeast of Wawa, Ont., sustained a loss last year. The mine’s owner, VenCan Gold (VCG-M), believes the operation generated a profit of at lea…
Australasian PGM sector needs dash of Fipke magic
In the mid 1980s, the man who later undertook the great geological detective work that put Canada on the world diamond map, was in the deep south of New Zealand, in conditions as cold as, but a lot we…