May minerals production a mixed bag
Canadian production of refined copper and zinc, lead and silver was up between May 1998 and May 1999, while output of uranium primary copper and zinc, nickel and gold was down.The statistics shown bel…
1999
MINING MARKETS & INVESTMENT NEWS — Eastern Marktes — Miners relieved as gold breaks US$260 barrier
The Aug. 11-17 report period saw continuing strength from gold, with spot prices shooting up US$4.60 to US$261.50 per oz. on the London morning fix of Aug. 18.Over the week, the World Gold Council ann…
River Gold reports quarterly loss
Underground drilling at the Eagle River mine near Wawa, Ont., is returning heartening results for River Gold Mines (RIV-T).The latest intervals include 9 metres (true width) averaging 10.6 grams (cut)…
MINING MARKETS & INVESTMENT NEWS — U.S. Markets — Aluminum dominates trading
The Dow Jones industrial average jumped 461.93 points, or 4.3%, during the report period ended Aug. 17 at 11,117.08, again climbing toward an all-time high.Aluminum took the spotlight as industry lead…
Moydow resumes drilling
Dublin-based Moydow Mines International (MOY-T) has resumed drilling at the Ntotoroso gold project in west-central Ghana after a 5-week hiatus due to the rainy season.Moydow has a 60% interest in the …
Companies (August 23, 1999)
AfrioreAltius MineralsAntares Mining & ExplorationAquest MineralsAshanti GoldBarrick GoldBattle Mountain CanadaBattle Mountain GoldBolidenCampbell ResourcesCamphor VenturesComaplex MineralsCopper Hill…
Southwestern, Pasminco drill in Peru
Southwestern Gold’s (SWG-T) joint-venture partner, Pasminco, is ready to begin a third phase of drilling at the Accha zinc project in southern Peru.Previous work defined an indicated and inferred oxid…
Bulk sample results add lustre to Hearne pipe in NWT
A 469-tonne bulk sample of the Hearne kimberlite pipe in the Northwest Territories has yielded 846 carats, for an average grade of 1.8 carats per tonne.The pipe is on the AK property, which, together …
GREATEST VALUE TRADED (August 23, 1999)
August 11-17, 1999CompanyExchgValue($000s)HighLowCloseChangeReyn…
LETTER TO THE EDITOR — Time for a national geoscience association
In recent months, there has been a new imperative that geoscientists be registered with a professional organization. This follows the practice already in place for engineers.As Canadians, we need to l…
Meetings (August 23, 1999)
Aug 23 AltagemAug 23 DonnerAug 23 InterstarAug 23 SpokaneAug 23 StarrexAug 24 AmeridexAug 24 Cons. ShoshoniAug 24 Grand OakesAug 25 Booker GoldAug 25 Klondike GoldAug 25 MossAug 25 PanterraAug 26 Cons…
Antares gains diamond properties
Antares Mining & Exploration (ANZ-T) has signed an agreement with South African-based Randgold covering the latter’s 50% interest in the Witkrans diamond property and its 100% interest in the Kaffersk…