Canadian gems sell in Antwerp
Canadian producers BHP Diamonds and Dia Met Minerals (DMM-T) have sold the first parcel of rough diamonds from their Ekati mine north of Yellowknife, N.W.T.BHP Diamonds, a subsidiary of Broken Hill Pr…
News
Rayrock boosts reserves
Rayrock Resources (RAY-T) has boosted reserves at its three open-pit gold mines in Nevada and at its copper mine in Chile.Combined, the 66.6%-held Marigold and wholly-owned Dee and Daisy gold mines no…
LME WHSE LEVELS (February 08, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Feb. 2/99 (change from Jan. 26 in brackets):MetalStocks (tonnes)Change…
SPOT PRICES (February 08, 1999)
Feb. 3, 1999Courtesy of ScotiabankPrecious MetalsPrice (US/oz)ChangeGold$287.55+$1.65Sil…
Madison also eyes property’s placer potential
Junior Madison Enterprises (MNP-V) has released more encouraging drill results from the Mt. Kare gold project in Papua New Guinea.Diamond drilling has expanded the Black Zone area, resulting in the di…
PRODUCER & DEALER PRICES (February 08, 1999)
Aluminium: LME settlements US$1,207.50, alloy US$1,033 per tonne (Feb. 2/99).Antimony: Representative mid-market US$1,365 per tonne (Feb. 2/99).Bismuth: Representative mid-market US$3.05 per lb. (Feb….
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Higher prices buoy producers
A surge in gold and silver prices helped U.S. producers, while the Dow Jones industrial average slid 50.46 points (0.5%) to finish the report period ended Feb. 2 at 9,274.12.Gold producers benefited f…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Mining index slips despite higher VSE composite
The Vancouver Stock Exchange composite index managed to edge up 0.49 of a point, or 0.1%, and close the week ended Feb. 2 at 419.22. The mining index did not fare as well, losing 7.12 points, or 2.3%,…
Yamana discovers copper sulphides in Chile
Exploration by Yamana Resources (YRI-T) has uncovered disseminated copper sulphide mineralization in drill cuttings and hydrothermal alteration assemblages at two of the company’s eight porphyry coppe…
Gowest, GeoNova team at Cavalier
Juniors Gowest Amalgamated Resources (GWA-A) and GeoNova Explorations (GNE-M) have entered into an equal joint-venture agreement at the latter’s Cavalier property, in the Casa Berardi region of northw…
Ontario, Quebec committees urge tighter disclosure standards
Two separate committees, one advising the Toronto Stock Exchange and the Ontario Securities Commission, and another advising the Commission des Valeurs Mobilieres du Quebec (CVMQ), have both recommend…
Careers (February 08, 1999)
Research ChairsLaurentian university is located in Sudbury, at the heart of Ontario’s hard-rock mining industry. Laurentian is undertaking a major initiative to build on and strengthen its research an…