Among the most beleaguered of Canada’s industrial minerals industries continues to be asbestos. Statistics compiled by Natural Resources Canada show Canada’s asbestos output dropped sharply between Ma…
Euro-Nevada Mining (EN-T) and Franco-Nevada Mining (FN-T) have announced plans to repurchase shares with cash.The two companies advised the Toronto Stock Exchange that they would be making a normal co…
According to reports released by the Ontario Securities Commission, two executives at Rhonda Mining (RDM-A) traded in that company during the period July-September.Peter Gummer, director, bought 106,0…
Wednesday October 14, 1998Price (US)Week’s ChangeGold*$296.60-$2.25Silver*$ 4.80…
Short positions outstanding at September 30, 1998Larger individual positions include:Abitibi-Consolidated 981,044, down 1,098,263; Alcan Aluminium 1,303,666, up 258,567; Anderson Exploration 136,411; …
Aluminium: LME settlements US$1,324.50, alloy US$1,126 per tonne (Oct. 13/98).Antimony: Representative mid-market US$1,340 per tonne (Oct. 13/98).Bismuth: Representative mid-market US$3.25 per lb. (Oc…
Scout drilling at the Victoria gold property in west-central Peru has identified a gold-bearing structure for partners Pangea Goldfields (PGD-T) and Sundust Resources (SUN-M).Hole 77 intersected 2.3 m…
Potash Corp. of Saskatchewan (POT-T) has issued an announcement that weak prices for nitrogen will cut into its third-quarter earnings.The company said that earnings per share for the quarter should b…
Atacama Minerals (AAM-V) is gearing up to become a producer of industrial mineral products in Latin America.The company’s wholly owned Aguas Blancas project comprises 22,000 ha in Chile’s Atacama Dese…
As a result of a successful financing deal and promising joint venture negotiations, construction of a mine at the Udon Thani potash project of Asia Pacific Resources (APG-T) in Thailand could begin e…
Falconbridge (FL-T) says it expects to lose 10,000 tonnes of nickel in ferronickel production at its Dominican Republic operations.The figure combines lost production during a 10-day shutdown caused b…
Consortium of three juniors takes up 80% interest in Kinver Four Canadian companies have banded together to buy a majority interest in Australian firm Kinver Mining.The conglomerate — including Elles…
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