GREATEST VALUE TRADED, July 8-14
ExchgVal($000s)HighLowCloseChangePhelps Dodg *N13…
1998
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…
LME WAREHOUSE LEVELS (July 20, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at July 13/98 (change from July 6 in brackets):MetalStocks(tonnes)Change…
TSE INDICES (July 20, 1998)
1998July 14July 13July 10July 9July 8HighLowCompo…
Western Pacific seeks JV in PNG
Edmonton-based Western Pacific Gold (WPI-A) says it has entered negotiations with an undisclosed company to form a joint venture to explore in Papua New Guinea.Western Pacific is keeping the name of t…
PRODUCER & DEALER PRICES (July 20, 1998)
Aluminium: LME settlements US$1,289.50, alloy US$1,255 per tonne (July 13/98).Antimony: Representative mid-market US$1,375 per tonne (July 13/98).Bismuth: Representative mid-market US$3.60 per lb. (Ju…
Index (July 20, 1998)
Book ReviewCareersClassifiedDiamond PageDrillersEditorialFacts’n’FiguresInsider TradingListings & FinancingsMetal PricesMining Markets and Investment NewsObituaryOdds’n’SodsPeopleProfessional Director…
Rio Tinto joins Pangea in Peru
A subsidiary of Pangea Goldfields (PGD-T) has optioned the Huancavelica gold property in central Peru to Rio Tinto (RTP-N).The major can earn a 55% interest in the property by making staged payments a…
Canyon suspends EIS at McDonald
Weak gold prices have forced Canyon Resources (CAU-X) to slow the permitting process at its McDonald gold project in Montana.The company was spending US$500,000 per month on the environmental impact s…
DIAMOND PAGE — Diagem tests property
Determined to find the kimberlite source of alluvial diamonds found on the Chapada property in Brazil’s Mato Grosso state, Diagem International Resource (DGM-V) has begun drilling selected targets.The…
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…