Meetings (June 08, 1998)
June 8, DalmationJune 8, Grange GoldJune 8, Int’l CapriJune 8, Rio Narcea.June 9, Big BearJune 9, BijouJune 9, Crown ButteJune 9, Mineral ResourcesJune 9, Newhawk Gold.June 9, NearyJune 9, ProfcoJune …
1998
Resource outlined at Sierra Azul
Junior Stratabound Minerals (SB-A) has calculated a resource for the past-producing Sierra Azul lead-zinc property in Mexico’s Coahuila state.A preliminary resource of 700,000 tonnes grading 9.22% zin…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — High-flyer St. Jude comes back to earth
The Vancouver Stock Exchange composite index lost 14.42 points, or 2.4%, to close the report period ended June 2 at 588.79. The mining index followed suit, slipping 15.7 points, or 3.4%, to finish at …
DIAMOND PAGE — Ashton drill results promising
A second batch of microdiamond results from Ashton Mining of Canada’s (ACA-T) winter reconnaissance drilling program on the Buffalo Hills project in north-central Alberta has shown kimberlite K-11, on…
McVicar eyes Chinese gold
Toronto-based McVicar Minerals (MVR-A) has signed a letter of intent with a Chinese government agency to explore the producing Xiaojin gold property in southwestern China.The small open-pit, heap-leac…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Mining issues fall in stagnant market
The Toronto Stock Exchange traded in a narrow range during the May 27-June 2 report period, with the TSE 300 composite index closing down 91.95 points to 7,534.01. Both mining sub-groups outpaced the …
Spectrum seeks PGMs in New Zealand
High prices and demand for platinum and palladium have prompted Spectrum Resources (SPC-V) to option two New Zealand properties prospective for platinum group metals (PGMs).The first property covers 1…
Noveder launches drilling in Quebec, Newfoundland
Montreal-based Noveder (NED-M) has begun new drilling campaigns on several of its gold properties in Quebec and Newfoundland.* Abitibi — At the Abitibi project, near Val d’Or, Que., drill crews are e…
MINING MARKETS & INVESTMENT NEWS – MERGERS & ACQUISITIONS — Indocan acquires Prodigy
Toronto-based Indocan Resources (IDCN-O) has wrapped up its acquisition of Prodigy Resources.The deal was sealed upon the issue by Indocan of 15 million new shares to Prodigy shareholders. Indocan has…
SouthernEra holds firm at Klipspringer property
Rumors of a potential breakup in ownership of the producing Klipspringer diamond project in South Africa’s Northern Province are unfounded, says SouthernEra Resources (SUF-T).The embattled company’s l…
Taparko drilling confirms size of zone — Full feasibility study expected by year-end
Infill drilling at the Taparko property of High River Gold (HRG-T) has confirmed the structural continuity of the gold deposit in zones 3 and 5.The recently completed 21-hole drilling program forms pa…
GREATES VALUE TRADED, May 27-June 2
ExchgVal($000s)HighLowCloseChangeBarrick GoldT167…