Rio Algom Limited

I wish to clarify your description of the terms of our agreement with Anatolia Minerals Development, as described in a recent issue (“Rio Algom teams with Anatolia in Turkey,” T.N.M., Sept. 7-13/98).I…

Rio Algom (ROM-T) is taking a position in, and entering a joint venture with, Anatolia Minerals Development (AMCD.U-C), a junior exploring for base and precious metals in Turkey.For an aggregate US$1….

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Markets around the world were rocked during the Aug. 26-Sept. 1 report period as trading sessions saw maximum volatility and volume.Jittery North American markets sunk several percentage points on Aug…

The Toronto Stock Exchange 300 index plummeted 261.67 points to 6,256.01 during the report period Aug. 19-25, effectively wiping out all that was gained in the previous period.While the market started…

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The markets enjoyed a rebound during the Aug. 12-18 report period, with the Toronto Stock Exchange 300 composite index regaining more than half of the previous week’s losses, climbing 3.2% to 6,517.68…

Diamond drilling is testing two induced-polarization (IP) anomalies on the Green Bay base metal property, near Springdale in northern Newfoundland.The program is being carried out by Rio Algom (ROM-T)…

Partners Celtic Minerals (CME-A) and Jilbey Exploration (JLB-M) have lured Rio Algom (ROM-T) to their equally owned Hungry Hill polymetallic property in central Newfoundland.Rio can earn a 51% interes…

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Though still in the black, Noranda (NOR-T) saw its second-quarter earnings dip by more than 50%.For the three months ended June 30, the major earned $28 million (10 cents per share) on revenue of $1.5…

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