NEWS ROUNDUP — Dumont Nickel prepares to drill
Toronto-based junior Dumont Nickel (DNI-M) and privately held International Kirkland Minerals have started a 1,000-metre, 6-hole drilling program on their Foreurs property, 1 km south of Nuinsco Resou…
1999
Anmercosa drills gold
Anmercosa Explorations, a subsidiary of Anglo American (ANGLY-Q), has drilled several shallow gold intersections at the Razorback licence in the Lupa goldfields region of southwestern Tanzania.Rotary …
Platexco upgrades resources at Winnaarshoek
As part of an ongoing prefeasibility study, Platexco (PTX-T) has upgraded the resources contained in the Merensky and UG-2 reefs at its Winnaarshoek platinum group metals (PGM) property on the eastern…
NWMA opposes amendments
The Northwest Mining Association (NWMA) is urging U.S. mining companies to oppose recommended changes to regulations governing hardrock mining on lands managed by the Bureau of Land Management (BLM).T…
MINING MARKET & INVESTMENT NEWS — TSE Short Positions
Short positions outstanding at March 31, 1999Larger individual positions include:Abitibi-Consolidated 956,778, up 463,778; Alcan Aluminium 845,904, up 215,568; American Gem 111,065, up 111,065; Anders…
LETTER TO THE EDITOR — Ontario’s ‘Living Legacy’ bolsters certainty
At the same time that the provincial government released “Living Legacy,” the Ministry of Northern Development and Mines also released its “Commitments to the Minerals Industry.” Leaders in the minera…
Meetings (April 19, 1999)
April 19, Alberta Star April 19, Blackpool April 19, Bonus April 19, Cdn. Mining April 19, Complex April 19, Int’l Dunlap April 19, Iriana April 19, Jordex April 20, Bitterroot April 20, Classic Gold …
MINING MARKET & INVESTMENT NEWS — WESTERN MARKETS — Polymet, AG among gainers on buoyant VSE
The Vancouver Stock Exchange composite index rose 3.36 points, or 0.8%, to finish the week ended April 13 at 429.85. The mining index lost 3.55 points, or 1.16%, and closed at 302.74.Meanwhile, the co…
MINING MARKET & INVESTMENT NEWS — EASTERN MARKETS — Kinross solidifies producer status with True North
Gold prices showed some strength during the April 7-13 report period, rising $3.60 to US$283.85 per oz. on the London morning fix of April 14.Gold’s rise buoyed Canada’s two biggest producers, with Ba…
PEOPLE — Golden Gate Resources
Phil Lawry appointed director.
PEOPLE — Fairmile Gold
Michael Raftery appointed director.
MOST ACTIVE ISSUES, April 7-13
ExchgVol(000s)HighLowCloseChangeAmerican GemT1308…