WMC drilling expands zone at Meliadine West
Resource drilling by WMC International, the North American unit of Australian metals giant Western Mining Corp., is offering hope for an increase in the resource at the F zone of the Meliadine West go…
News
LETTER TO THE EDITOR — Geology necessary in Ontario schools
I am surprised by the news that geology will no longer be offered as an option in Ontario schools (“Save geology”, T.N.M., Nov. 9/98). We all know that education in this province is currently going th…
EXPLORATION – Drills turn at Dubenski gold property
Having completed a due diligence review and obtained regulatory approval, Consolidated Westview Resource (CWS-V) is funding a drill program at Avalon Ventures’ (AVL-V) Dubenski gold project, 70 km sou…
EXPLORATION – Juniors to drill Headway project
Companies exploring in Ontario’s Red Lake region have their eyes trained for high-grade gold deposits similar to those being mined and developed at the Red Lake and Campbell mines. Among the hopefuls …
EDITORIAL & OPINION — NEW HORIZONS — Stopping a car with gold
Twenty-eight million cars and light trucks built over the past four years in North America have factory-installed, life-saving anti-lock braking systems (ABS). Of all the materials available in the wo…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — TSE rallies while producers ride out rough week
Investor optimism continued on the Toronto Stock Exchange, with the broad market jumping 232.49 points during the Nov. 18-24 report period, to end at 6,570.27.The TSE’s precious metals and minerals su…
METAL PRICES (November 30, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateNov. 24Nov. 23Nov. 20Nov. 19…
EXPLORATION — American gold producers investing less at home: survey
In 1997, for the first time in three years, worldwide exploration expenditures of U.S. gold producers decreased, down 9% to US$582 million, according to a survey conducted by the Washington, D.C.-base…
EXPLORATION – Canabrava, Paramount continue diamond search
The downturn in resource markets has prompted Teck (TEK-T) to withdraw from its diamond joint venture with Canabrava Diamond (CNB-V).Having regained 100% of the Brazilian project, Canabrava is reviewi…
EXPLORATION – Marchmont moves into Eritrea
Calgary-based Marchmont Gold (MHM-A) has signed a letter-of-intent to purchase, in exchange for shares, a private company that has a majority stake in four gold properties in Eritrea The contract woul…
Companies (November 30, 1998)
C SECTIONAltius MineralsAnglo AmericanArca ExplorationsArgentina GoldAurizon MinesAvalon VenturesBarrick GoldBattle Mountain CanadaBattle Mountain GoldBillitonBoreal ExplorationBuchans Rive…
PEOPLE (November 23, 1998)
Rayrock — Michael Martineau, Robert Matthews and Robert Zerga appointed directors.