Alberta Star arranges flow-through financing
Alberta Star Mining (ASC-A) has proposed a private placement of up to 1 million flow-through shares at 20 cents each.Proceeds will be used to cover exploration expenditures incurred on the Mazenod Lak…
News
Index (July 06, 1998)
CareersClassifiedCommentaryDiamond PageDrillersEditorialFacts’n’FiguresInvestment CommentaryLetters to the EditorMarket PlaceMetal PricesMining Markets and Investment NewsProfessional DirectoryQuerySt…
OBITUARY — Elaine McCombe
Elaine McCombe, wife of mining engineer Robert McCombe, has died.She is survived by children Ann, Linda, Heather and Roberta, as well as eight grandchildren.
Toronto CIM to set sail
The Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum will host its annual boat cruise and Monte Carlo night on August 19.Boarding of The Northern Spirit at the docks at the…
GOLD FUNDS (July 06, 1998)
Gold Funds as of June 25, 1998BGRCentralNet Value$13.65$5.93Price$10.05$5…
LETTERS TO THE EDITOR — Isolation breeds ignorance — Nature of business contributes to carelessness
The passing of David Walsh, the late president of Bre-X Minerals, closes the final chapter on an individual who orchestrated one of the biggest snowjobs in the history of the exploration industry.He w…
MINING MARKETS & INVESTMENT NEWS — Antares buys more of Steppe Gold
After completing a due diligence review, Antares Mining and Exploration (ANZ-T) has exercised its option to acquire a $1.7-million convertible debenture of Steppe Gold (SPE-V).The debenture is convert…
Copper looking down a long, dark tunnel — Surpluses, weak demand could depress price for several years
Anyone that cashed out of the copper market around the time of the Sumitomo rogue-trading scandal had impeccable timing.Recent reports on the copper market by two metal trading firms and a Canadian ba…
MINING MARKETS & INVESTMENT NEWS — QUERY — Great Basin financing Nevada projects
In The Northern Miner of March,. 9/98, you carried a story entitled “Great Basin hits bonanza grades at Ivanhoe.” It says that results of the remaining drill test were expected later that month.I have…
LME WAREHOUSE LEVES
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 26/98 (change from June 22 in brackets):MetalStocks(tonnes)Change…
Friedland gets green light to pursue counterclaim
The U.S. Environmental Protection Agency (EPA), already under fire for having bungled the remediation of the ill-fated Summitville gold mine in Colorado, has been ordered to face a Canadian court for …
Armenian mine gets nod
Determined to rise above the depressed gold market, First Dynasty Mines (FDM-T) has convinced the Armenian government to give its blessing to redevelopment of the former-producing Zod and Meghradzor m…