GREATEST VALUE TRADED (June 21, 1999)
ExchgVal($000s)HighLowCloseChangeAlcoa*N480069…
1999
Court ruling clears way for appeal in Karpa Springs fraud convictions
Based on new technical evidence brought forward by a Perth mining engineer, three West Australian prospectors have been granted the right to appeal their convictions in the Karpa Springs salting scand…
LME WHSE LEVELS (June 21, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 15/99 (change from June 8 in brackets):MetalStock(tonnes)Change…
Iamgold tables positive results from Yatela
Based on the results of a positive prefeasibility study, partners Iamgold (IMG-T) and Anglogold (AU-N) of South Africa have started financing discussions for the Yatela gold deposit in Mali.The projec…
All that glisters is gold in new Imax film — Canadian production spans globe exploring allure of yellow metal
An Imax film that will have its world premier this month at Science North, in Sudbury, Ont., explores the cultural, economic and historical significance the yellow metal has played in societies throug…
NEWS ROUNDUP — Altavista to drill Philibert property
In mid-June, Altavista Mines (AIA-M) began the first phase of a 5,000-metre drilling program at the Philibert gold property, 50 km southwest of Chibougamau in northern Quebec.The initial phase of 2,30…
EDITORIAL & OPINION — Regulators and cyberspace — Dot-com mania
When you’re hot, you’re hot, and when you’re an ugly duckling, you might as well transform yourself into a beautiful swan.That seems to be the rationale behind the flurry of mining companies trying to…
PEOPLE — Parkcrest Expl.
Al Charuk appointed president, CEO and director. Bill Richards appointed chairman. Jay Sujir appointed corporate secretary.
Meetings (June 21, 1999)
June 21 CamfloJune 21 Canadian ArrowJune 21 CarlinJune 21 ComaplexJune 21 ComstateJune 21 Currie RoseJune 21 General MnrlsJune 21 GeologixJune 21 KaieteurJune 21 LinkJune 21 PalmerJune 21 ParamaxJune …
Index (June 21, 1999)
CareersClassifiedDiamond PageDrillersEditorialInvestment CommentaryLetter to the EditorMarket PlaceMetal PricesMining Markets & Investment NewsNews RoundupOdds’n’SodsPeopleProfessional DirectoyStock M…
Final study on Diavik nears completion
The Diavik diamond project in the Northwest Territories is one step closer to development, following a draft report by the federal government which indicates that environmental or socio-economic probl…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Gold’s tumble slows
The Dow Jones industrial average slipped 170.65 points, or 1.6%, for the week ended June 15, to close at 10,594.99.Gold companies held steady while the metal briefly sunk below US$260 per oz. It finis…