Exploration budgets for 1998 have dropped dramatically following the decade’s peak of US$5.1 billion in 1997, according to a report penned by Halifax, N.S.-based Metals Economics Group (MEG).Total exp…
In 1996, the Prospectors and Developers Association of Canada and the Mining Association of Canada responded jointly to the Endangered Species Bill, C-65. And their objections were sufficiently strong…
During the report period ended Oct. 27, the Dow Jones industrial average slowed its pace, having posted heavy gains in the previous week. The Dow slipped 139.81 points, or 1.6%, to close at 8,366.04.M…
Winnipeg Stock Exchange-listed San Gold Resources (SGR-W) is encouraged by results from an ongoing drill program at its Bissett area gold project in northern Manitoba.Results from recent drilling incl…
Geomaque Explorations (GEO-T) has boosted production by one-third at its San Francisco gold mine in Mexico’s Sonora state.During the three months ended Sept. 30, the mine churned out 17,150 oz. gold, …
Vista Gold (VGZ-T) has acquired the Mineral Ridge gold mine in southern Nevada from Cornucopia Resources (CNP-T).In return, Vista has issued US$250,000 in stock to Cornucopia and purchased US$250,000 …
Your Sept. 14 editorial about aboriginal land claims being conducted “behind closed doors” raises questions about the Nisga’a treaty. The treaty, also conducted without public input, has now become a …
ExchgVol (000s)HighLowCloseChangePlacer DomeT1272…
The Vancouver Stock Exchange composite index climbed 4.75 points, or 1.2%, to finish the report period ended Oct. 27 at 389.37. The mining index remained steady, edging up only 0.03 of a point, to clo…
Aluminium: LME settlements US$1,263.50, alloy US$1,085 per tonne (Oct. 27/98).Antimony: Representative mid-market US$1,250 per tonne (Oct. 27/98).Bismuth: Representative mid-market US$3.25 per lb. (Oc…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Oct. 27/98 (change from Oct. 20 in brackets):MetalStocks (tonnes)Change…
Dayton Mining (DAY-T) reports that it is in discussions with its creditors for the purpose of restructuring its bank debt.All existing defaults were waived by the lenders through to Oct. 19, 1998, but…
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