NEWS ROUNDUP — Freewest to drill Golden Ridge
Based on encouraging results from trenching, Freewest Resources Canada (FWR-M) is preparing to drill-test its wholly owned Golden Ridge property, which straddles the Maine-New Brunswick border.Trenchi…
News
NEWS ROUNDUP — Romios drills Lundmark-Akow Lake
Toronto-based Romios Gold Resources (RGRI-C) has started drilling at its Lundmark-Akow Lake property in northwestern Ontario.The junior plans to complete at least 3,000 ft. in an attempt to test targe…
LETTERS TO THE EDITOR — Credentials, training essential for competent geostat evaluation
Geostatistics is rich with useful theoretical models. For example, the recipe for calculating optimal kriging weights can be found in projection theory. The ordinary kriging model is nothing more than…
MINING MARKETS & INVESTMENT NEWS – Provenor finds perch on ASE
Montreal-based Provenor became a member of the Alberta Stock Exchange upon completing a public offering of 1.5 million shares at 25 cents each. It trades under the symbol pvn.Proceeds from the financi…
MINING MARKETS & INVESTMENT NEWS – NEWS ROUNDUP — Jordex seeks opportunities
Vancouver-based Jordex Resources (JDX-T) has retained Hamilton Group of White Plains, N.Y., to help it identify business opportunities outside of the mining sector.William Staudt, a principal of the i…
MINING MARKETS & INVESTMENT NEWS – INSIDER TRADING — Breakwater execs renew options
Reports by the Ontario Securities Commission show that two directors of Breakwater Resources (BWR-T) renewed several options in November.Ned Goodman allowed to expire 50,000 options at $3.40 and was g…
Careers (February 15, 1999)
Exploration ManagerJunior Explorer seeking an Exploration Manager for Central and South American activities. Fluency in Spanish and applicable experience a necessity. Must be prepared to relocate. We …
Price woes hit nickel industry — Inco, Falconbridge both lose money in ’98
Canada’s two big nickel-copper producers were hit for losses in 1998, as markets for both metals went into tailspins. But Inco (N-T) is sticking to its carrying value for the stalled Voisey’s Bay proj…
NEWS ROUNDUP — Darnley Bay performs surface work
Based on favorable results from a 1997 aeromagnetic survey, Darnley Bay Resources (DBL-V) has started a ground exploration program aimed at establishing targets for a summer drill program at the Darnl…
TSE SHORTS (February 15, 1999)
Short positions outstanding at January 31, 1999Larger individual positions include:Agnico-Eagle Mines 110,350, up 104,125; Barrick Gold 14,327,330, up 2,928,254; Big Bear Exploration 29,200, down 1,37…
EDITORIAL & OPINION — New rules would have exposed Busang — Nipped in the bud
If the key recommendations are implemented and enforced, the Mining Standards Task Force report, released by the Toronto Stock Exchange (TSE) and the Ontario Securities Commission, will certainly impr…
TSE INDICES, Feb. 3-9, 1999
DateFeb. 9Feb. 8Feb. 5Feb. 4Feb. 3HighLowComposit…