METAL PRICES (November 23, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateNov. 17Nov. 16Nov. 13Nov. 12…
News
Anzex president removed prior to annual meeting
A final showdown between the board of directors of Anzex Resources (AZX-V) and its former president will play out at the company’s annual general meeting next month.At the centre of the dispute are th…
Exall shines in third quarter
Junior producer Exall Resources (EXL-T) enjoyed a profitable third quarter, netting $801,031 in the three months ended Sept. 30, compared with net losses of $148,552 in the comparable period of 1997.T…
DIAMOND PAGE — DIAMOND NEWS ROUNDUP — Inquiry to report on mine disaster
Work at a kimberlite pipe on the Tswapong property in Botswana has been halted after sampling indicated uneconomic diamond content.Owner Botswana Diamondfields (BWD-V) has since closed its field offic…
DIAMOND PAGE — DIAMOND NEWS ROUNDUP — Ocean Diamond meeting targets
Production at operations owned by South African-based Ocean Diamond Mining Holdings are expected to meet projections.For the 6-month period ended Sept. 30, the company, produced 31,401 carats from the…
DIAMOND PAGE — Winspear finances work program
Diamond explorer Winspear Resources (WSP-V) has arranged a private placement of up to 5 million units. The placement consists of 2 million non-flow-through units priced at $2 each and 3 million flow-t…
Royalty twins see mixed earnings
Lower gold prices have left Franco-Nevada Mining (FN-T) with lower earnings for the 6-month period ended Sept. 30, compared with the corresponding period of 1997, whereas sister company Euro-Nevada Mi…
Dayton records operating loss
Although the Andacollo mine in central Chile is breaking previous production records, its owner, Dayton Mining (DAY-T), posted a third-quarter loss of $3.2 million (or 12 cents per share) on revenue o…
Low prices hit Sherritt
The financial performance of Sherritt International (S-T) has always served as an effective barometer of the state of the nickel and cobalt industries. This year was no exception: as might be expected…
Companies (November 23, 1998)
Aber ResourcesAfriOreAllican ResourcesAnzex ResourcesArgent ResourcesAshanti GoldfieldsBarrick GoldBema GoldBlack Hawk MiningBlack Swan Gold MinesBolidenBotswana DiamondfieldsCalliope Meta…
Meetings (November 23, 1998)
Nov. 23, Copperstone Nov. 23, Gulf Int’l Nov. 23, Newstar Nov. 23, Profile Nov. 23, Teryl Nov. 24, Alamos Nov. 24, ESM Res. Nov. 24, GHP Nov. 24, Profco Nov. 24, Wellington Cove Nov. 25, Big Valley No…
McClean Lake on track
Following a brief delay, French-owned Cogema Resources has renewed construction of a tailings plant at its McClean Lake uranium project in the Athabasca Basin, Sask.Development was suspended in mid-Oc…