Troubles halt McClean Lake
The Atomic Energy Control Board’s decision to defer approval of a tailings management facility at the McClean Lake uranium project in northern Saskatchewan has caused project operator Cogema Resources…
News
Golden Knight, Repadre Capital tie knot
An agreement between Golden Knight Resources (GKR-T) and Repadre Capital (RPD-T) sets the stage for their consolidation.The proposed merger would see one share of Golden Knight exchanged for 0.125 of …
PRODUCER & DEALER PRICES (January 25, 1999)
Aluminium: LME settlements US$1,220, alloy US$1,021 per tonne (Jan. 19/99).Antimony: Representative mid-market US$1,170 per tonne (Jan. 19/99).Bismuth: Representative mid-market US$3.05 per lb. (Jan. …
Gold’s future impossible to predict — Long shots for increase include dismal greenback, bad banks
Anyone counting on a resurgence in the price of gold in 1999 may want to reconsider. London-based research firm Gold Fields Mineral Services predicts the yellow metal will continue to trade between US…
LME WHSE
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan. 19/99 (change from Jan. 12 in brackets):MetalStocks (tonnes)Change…
MINING & OPINION — NEW HORIZONS — Geochem gaining in stature
Most mineral exploration geologists are now familiar with the use of chemical analysis of rocks, soils, plants or water in determining concentrations of mineralization in bedrock.Historically, prospec…
MINING MARKETS & INVESTMENT NEWS — Formation, Etruscan finance projects
Vancouver-based Formation Capital (FCO-T) is raising $500,000 in a private placement of 1.25 million units.Each unit consists of one share and one warrant, and will be sold for 40 cents. A warrant wil…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — VSE roused as market ponders Argentina Gold takeover
The Vancouver Stock Exchange composite index continued its slow climb, gaining 4.28 points to close the week ended Jan. 19 at 422.22. The mining index edged up 0.13 point and finished at 308.32. Meanw…
GREATEST VALUE TRADED (January 25, 1999)
ExchgVal($000s)HighLowCloseChangeBarrick GoldT251…
DIAMOND PAGE — Rex finds macros at El Hammami
Toronto-based Rex Diamond Mining (RXD-T) has discovered macrodiamonds at its El Hammami lease in northern Mauritania.Analyses of 878 soil samples taken between September and November of 1998 revealed …
Careers (January 25, 1999)
Suncor Energy is a unique and sustainable Canadian integrated energy company dedicated to vigorous growth. The company is a world leader in oil sands development, a high performing oil and gas produce…
DIAMOND PAGE — Vaaldiam left in the lurch
Toronto-based Antares Mining & Exploration (ANZ-T) will not proceed with a previously announced financing with Vaaldiam Resources (VRL-A) that would have set the stage for a merger between the two com…