METAL PRICES (December 21, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateDec. 15Dec. 14Dec. 11Dec. 10…
1998
Southern Metals acquires Chilean ground
Having only recently acquired the Laja gold project in northern Chile, Fremont Gold (FGLD-O) is now joint-venturing the property to a second party.Arizona-based Southern Metals (SUH-V) will earn up to…
Index (December 21, 1998)
Jan. 20 Canadian Mining Hall of Fame — “11th Annual Induction Banquet.” Royal York Hotel, Toronto. Contact Christine Giovis. Tel: (416) 510-6843. Fax: (416) 442-2181.Jan. 20-21 McGill University (Dep…
La Camorra mine making long climb back
Less than a year ago, the La Camorra gold mine in eastern Venezuela looked like an expensive hobby.Operating losses and poor production at the mine had left operator Monarch Resources (MRE-T) with lit…
Russia struggles with mine funding proposals
Proposals to restructure government financing deals for Russian gold producers in 1999 are meeting with resistance from other state agencies and miners themselves.Gokhran, a branch of the ministry of …
Skyline to extend Snip on to Bronson Slope
Junior International Skyline Gold (SK-V) and Homestake Canada, a wholly owned subsidiary of San Francisco-based Homestake Mining (HM-N), have inked a deal on the exploration and possible mining of a p…
Nico deposit focus of preliminary exam
An independent scoping study on the Nico polymetallic deposit in the Northwest Territories is offering some holiday cheer to majority owner Fortune Minerals (FT-T).Situated in the Mazenod Lake distric…
Pacific Rim boosts resource
The size of the Oculto silver-gold deposit in northwestern Argentina has expanded, reports Pacific Rim Mining (PFG-T).Reno, Nev.-based Mine Development Associates estimates that the deposit contains a…
Ken Snyder in caldera country
Having mapped in detail most of the Midas district for two different mining companies, I have to take exception to the implication in your article that the Ken Snyder mine does not lie in a caldera se…
Metallurgical firms pursue new ventures
Several metallurgical firms have inked deals with mining companies in order to maximize benefits from processing technologies and expand into new business opportunities.An agreement between GeoBiotics…
TVI farms out Rapu Rapu
A group of companies controlled by Lafayette Mining, a publicly traded Australian company, has signed a joint-venture agreement with TVI Pacific (TVI-T) to acquire a 75% stake in the Rapu Rapu preciou…
GREATEST VALUE TRADED (December 21, 1998)
ExchgVal($000s)HighLowCloseChangePlacer DomeT5261…