Trading in Golden Eagle International has been suspended by the U.S.Securities and Exchange Commission amid controversy surrounding the company’s claims that it has discovered a large gold deposit in …
“The gold exists,” potential investors are told, “but conventional assaying can’t detect it because the metal is associated with platinoids (or encapsulated by other minerals, or tied to microclusters…
Your editorial covering the release of the Mining Standards Task Force (T.N.M., June 15-21/98) did a good job of touching on the main points.However, your conclusion that the Toronto Stock Exchange sh…
Looking to strengthen its economy, which continues to suffer under civil unrest, the Algerian government is seeking foreign partners to help develop its mineral assets.Mining in the North African nati…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 8/98 (change from June 1 in brackets):MetalStocks(tonnes)Change…
Nebex Resources (NBX-T) has drilled more long copper-gold intersections at its Munelle polymetallic property in north-central Albania.Highlights from the three latest holes include:* 8 metres (from 29…
Aluminium: LME settlements US$1,315.50, alloy US$1,215 per tonne (June 23/98).Antimony: Representative mid-market US$1,350 per tonne (June 23/98).Bismuth: Representative mid-market US$3.60 per lb. (Ju…
Gold Funds as of June 18, 1998BGRCentralNet Value$13.84$5.95Price$10.10$5…
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateJune 23June 22June 19June 18Jun…
Taking advantage of the fast growing market in carbon black, Phelps Dodge (PD-N) will acquire a Brazilian carbon black manufacturing business from Luxembourg-based major Minorco (MNRC-Q).The Arizona-b…
Junior St Andrew Goldfields (SAS-T) has discovered three gold prospects near its past-producing Stock gold mine near Matheson, Ont.Each prospect was found while drilling induced-polarization (IP) anom…
The author is Canada’s Minister of Natural Resources. He has written this article at the request of Mining Works for Canada, a grassroots campaign designed to increase awareness of the importance of m…
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