Meetings (July 06, 1998)
July 6, Bravo GoldJuly 6, Petra extraordinaryJuly 6, Roxwell GoldJuly 7, First Canadian GoldJuly 7, DumontJuly 7, HucampJuly 7, MidasJuly 7, TrincanaJuly 7, OlympicJuly 8, BonaventureJuly 8, CansparJu…
1998
Meliadine West jumps prefeasibility hurdle
An independent prefeasibility study has given the thumbs-up sign to the Meliadine West gold project, situated 70 km north of Rankin Inlet, N.W.T.The Meliadine West project is a joint venture among Cum…
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…
Partners resume program
Partners Prospectors Alliance (PALL-C) (with privately held co-venturer Explorers Alliance), Falconbridge (F-T) and the exploration arm of Minorco (MNRC-Q) subsidiary Hudson Bay Mining and Smelting, h…
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…
Index (July 06, 1998)
CareersClassifiedCommentaryDiamond PageDrillersEditorialFacts’n’FiguresInvestment CommentaryLetters to the EditorMarket PlaceMetal PricesMining Markets and Investment NewsProfessional DirectoryQuerySt…
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…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Analyst sees buying opportunity in Canabrava’s share decline
John Hainey, mining analyst for Yorkton Securities, was among the first to understand the significance of the diamond discoveries in the Lac de Gras region of Canada’s Northwest Territories. These day…