PCS rakes in third-quarter profits
They may not have the glamour of gold or the allure of diamonds, but potash and phosphates are producing plenty of profits for Potash Corporation of Saskatchewan.The Saskatoon-based company reported n…
1998
NAME CHANGE (November 23, 1998)
Thunderwood Resources (THS-T) and Joutel Resources (JTL-T) have to merged to create Thundermin Resources. Shareholders of Thunderwood will receive one share and one share purchase warrant of Th…
THE NORTHERN MINER — NORTH AMERICAN MINING INDEX (November 23, 1998)
108.50 (-1.95)(Sept 30/98 = 100)…
LME WHSE LEVELS (November 23, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov. 17/98 (change from Nov. 10 in brackets):MetalStocks (tonnes)Change…
PRODUCER & DEALER PRICES (November 23, 1998)
Aluminium: LME settlements US$1,296.50, alloy US$1,085 per tonne (Nov. 17/98).Antimony: Representative mid-market US$1,295 per tonne (Nov. 17/98).Bismuth: Representative mid-market US$3.20 per lb. (No…
DIAMOND PAGE — DIAMOND NEWS ROUNDUP — Arbitration delays Northbank
A dispute over compensation owed to the owner of the Northbank diamond property, operated by Trans Hex International (THI-T) in Namibia, will be taken to arbitration.The move will delay development of…
Careers (November 23, 1998)
We are a TSE-listed junior company located north of Toronto, with numerous active gold and base metal projects in Canada and overseas.INVESTOR RELATIONS MANAGERWe are seeking a proven, successful inve…
Index (November 23, 1998)
CareersClassifiedCommentaryDiamond News RoundupDiamond PageDrillersEditorialGuest ColumnInsider TradingInvestment CommentaryLetter to the EditorMarket PlaceMetal PricesMining Markets and …
Westray tragedy mired in fresh controversy
Inquiry may have been unaware of defective methane-detectors Lawyers representing the families of some of the miners killed in the May 1992 explosion at the Westray coal mine are weighing new informat…
Golden Star looks ahead at five best properties
Golden Star Resources (GSC-T) is changing its strategy in the face of persistently low gold prices.The Denver-based company will minimize its grassroots work in favor of focusing on five advanced proj…
Refugio mine covers Bema in red ink — But production levels, cash costs show signs of improvement
Lower-than-planned production at the Refugio gold mine in northern Chile contributed to a third-quarter loss for Bema Gold (BGO-T).The company posted a loss of US$6.8 million (or 6 cents per share) on…
DIAMOND PAGE — Phoenix kimberlite proves diamondiferous
Kennecott Canada Exploration has recovered a small amount of diamonds from the Phoenix kimberlite body in northeastern Alberta. Phoenix is the first of five kimberlites discovered to date on the Legen…