Delgratia signs deal to settle lawsuit
Delgratia Mining (DGRTF-OTC) has reached a tenative settlement that would put an end to class-action lawsuits filed against the company after a salting scandal at the Josh property in Nevada.Final app…
News
Inmet looks for gold-rich polymetallics in Urban
International miner Inmet Mining (INM-T) is investigating the Barry-Urban gold belt northeast of Val d’Or, Que., as a potential source of gold-rich massive sulphides.The senior base metal producer rec…
COMMENTARY — Industry as educators
As members of the mining industry, we see the world through “mining” eyes.This unique perspective is unavoidable: we not only know how vital the industry is to Canada’s economy, we are keenly aware of…
PRODUCER & DEALER PRICES (December 28, 1998)
Aluminium: LME settlements US$1,230.50, alloy US$1,030 per tonne (Dec.22/98).Antimony: Representative mid-market US$1,235 per tonne (Dec. 22/98).Bismuth: Representative mid-market US$3.10 per lb. (Dec…
DIAMOND PAGE — Chesbar gets drill permits
At long last, Toronto-based Chesbar Resources (CBI-M) has obtained permits to drill its Guaiquinima II and Anacoco II properties in Venezuela.The junior previously carried out geochemical surveys on t…
DIAMOND PAGE — Namibian Minerals posts second-quarter profit
Higher second-quarter production helped offset lower realized diamond prices for Namibian Minerals (NMR-T).The alluvial diamond producer cranked out 42,600 carats in the three months ended Nov. 30, co…
Foreign plays heat up Codilleran
Cordilleran Exploration Roundup 1999 will be held Jan. 26-29 at the Hotel Vancouver-Hyatt Regency in Vancouver, B.C.Technical sessions will include updates on activity in Alaska, British Columbia and …
LME WAREHOUSE LEVELS (December 28, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.22/98 (change from Dec. 15 in brackets):MetalStocks(tonnes)Change…
GEOLOGY 101 — Zinc-copper VMS deposits, Part 2
The largest greenstone-hosted volcanogenic massive sulphide (VMS) deposit in Canada is at Kidd Creek, where 115 million tonnes of ore contain an average of 2.2% copper and 7.25% zinc plus 145 grams si…
TSE SHORT POSITIONS (December 28, 1998)
Short positions outstanding at December 15, 1998Larger individual positions include: Abitibi Consolidate 1,378,380, up 79,125; Alcan Aluminium 1,355,391, up 227,351; Asia Pacific Resources 140,600; Ba…
Magnesium Alloy raises funds for Kouilou
Toronto-based Magnesium Alloy (MGAC.U-C) has closed a financing deal relating to its magnesium project near the coast of the Republic of Congo.The brokered private placement consisted of 1.7 million u…
MOST ACTIVE ISSUES, Dec. 16-21
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