Valerie drilling at Estrella
Junior Valerie Gold Resources (VLG-V), one of the Lang Mining Group of companies, is exploring the formerly producing Estrella property in the western Mexican state of Nayarit, 140 km southeast of Maz…
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EDITORIAL & OPINION — ODDS ‘N’ SODS — The last forty metres
The following is the second in a series in which the author, an exploration geologist based in Delta, B.C., recounts his experiences working in the jungles of Venezuela in the late 1980s and early 199…
Lihir mine underperforms in first quarter
Vengold (VEN-T) says first-quarter gold production at its Lihir mine in Papua New Guinea proved lower than expected. The cause is attributed to unplanned downtime.The company holds an 18.5% interest i…
LME WHSE LEVELS (May 03, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at April 27/99 (change from April 20 in brackets):MetalStocks(tonnes)Change…
GREATEST VALUE TRADED, April 21-27
ExchgVal($000s)HighLowCloseChangePlacer DomeT2481…
EDITORIAL & OPINION — Crown Jewel owners vow to fight back — Blind as a Babbitt
With an election imminent in the United States, miners and other resource developers south of the 49th Parallel are hoping the winds of change will be strong enough to blow their long-time nemesis, In…
UBC research centre to receive geologist’s life’s work on diamonds — New library will cater to researchers, industry
The University of British Columbia will become a diamond hunter’s best friend following the donation by a Toronto geologist of decades of research papers related to the sought-after stone.Patricia She…
SPOT PRICES, April 28, 1999
Precious MetalsPrice (US)ChangeGold$282.80-$1.10Silver$ 5.21+$0.09…
Nuinsco sees widely disseminated sulphides at Lac Rocher
The release of new drill results from the Lac Rocher property in northwestern Quebec seems to have disappointed the market less this time around. Shares in property holder Nuinsco Resources (NWI-T) we…
Careers (May 03, 1999)
BetzDearborn, A Division of Hercules Incorporated, is the world’s premier supplier of advanced engineered chemical treatment programs for water, waste water and process systems for industrial, commerc…
PRODUCER & DEALER PRICES (May 03, 1999)
Antimony: Representative mid-market US$1,235 per tonne (April 27/99).Bismuth: Representative mid-market US$3.55 per lb. (April 27/99).Cadmium: Representative mid-market US$0.23 per lb. (April 27/99).C…
Teck sells $125m in convertible debentures
Teck (TEK-T) has entered into a private placement underwriting agreement with TD Securities and Griffiths McBurney & Partners allowing for the sale of $125 million in adjustable-rate, 25-year debentur…