SPOT PRICES (July 20, 1998)
Wednesday July 15, 1998Price (US)Week’s ChangeGold*$292.80- $1.55Silver*$ 5.32…
1998
Study planned for Nico
Fortune Minerals (FORM-C) has retained Kilborn SNC Lavalin to prepare a preliminary design for the Nico/Sue-Dianne project in the Northwest Territories.The London, Ont.-based junior has received no fe…
Northair targets Venturina for bulk-tonnage potential (July 20, 1998)
Geological mapping and sampling continue to confirm and expand on a potential bulk-tonnage gold-silver target at the Venturina property in the northern Mexican state of Chihuahua.International Northai…
PEOPLE – Patricia
Richard Sutcliffe appointed CEO and director; C. Nigel Lees and Donald Ross appointed directors.
Uzbekistan to sell plant
The government of Uzbekistan is placing almost half of Almalyk Integrated Mining & Metallurgical on the auction block.Under the proposed privatization, the first of its kind in the former Soviet repub…
Atna expands Wolf deposit in Yukon
With drill results pending, Atna Resources (ATN-T) is encouraged by the degree to which it is expanding the Wolf polymetallic property in southeastern Yukon.Of the 10 holes completed to date, eight ha…
GREATEST VALUE TRADED, July 8-14
ExchgVal($000s)HighLowCloseChangePhelps Dodg *N13…
Mount Polley placed on life support
Imperial Metals (IPM-T) will not suspend operations at its 55%-owned Mount Polley mine, 60 km northeast of Williams Lake, B.C.The decision was reached after shareholders agreed to adopt an economic pl…
MINING MARKETS & INVESTMENT NEWS — Nelson to proceed with offering
Proceeds from a rights offering by Nelson Gold (NLG-T) will be used to repay a loan.The purchase of four rights will entitled holders to purchase one common share at 27 cents until July 27, 1998. The …
Index (July 20, 1998)
Book ReviewCareersClassifiedDiamond PageDrillersEditorialFacts’n’FiguresInsider TradingListings & FinancingsMetal PricesMining Markets and Investment NewsObituaryOdds’n’SodsPeopleProfessional Director…
Sirios active near James Bay
Montreal-based Sirios Resources (SOI-M) has kicked off several summer exploration programs in northwestern Quebec.At the Aquilon project, near James Bay in northwestern Quebec, the junior is endeavori…
DIAMOND PAGE — Winspear finances Snap Lake program
Of the $2.5 million budgeted for diamond exploration for the remainder of the year, Winspear Resources (WSP-V) intends to spend $1.5 million in the Snap Lake area of the Camsell Lake property in the N…