MOST ACTIVE ISSUES (September 14, 1998)
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1998
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Western markets take step on road to recovery — Polymet, Auspex, Int’l Vestor witness boost in price of shares
The Vancouver Stock Exchange composite index hurtled over the 400 level, making a comeback from last week’s carnage. The index gained 19.53 points, or 5%, to close at 408.39 over the holiday-shortened…
Correction (September 14, 1998)
Mining at the Santa Gertrudis project, owned by Campbell Resources (CCH-N), ended in late 1997, though gold production will continue until all the ore remaining on leach pads is processed. The company…
PRODUCER AND DEALER PRICES (September 14, 1998)
Aluminium: LME settlements US$1,355, alloy US$1,160 per tonne (Sept. 1/98).Antimony: Representative mid-market US$1,250 per tonne (Aug. 25/98).Bismuth: Representative mid-market US$3.45 per lb. (Sept….
Meetings (September 14, 1998)
Sept. 14, Camnor –Sept. 14, Cont’l Precious Minerals –Sept. 14, Int’l Taurus –Sept. 14, Tenajon –Sept. 14, Western Pacific –Sept. 15, Altagem –Sept. 15, Ascot –Sept. 15, Mazarin –Sept. 15, Med…
METAL PRICES (September 14, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateSept. 8Sept.7Sept.4Sept.3…
Asian woes affect Hillsborough
The economic malaise in Asia is taking its toll on Hillsborough Resources (HLB-T), operator and 63%-owner of the Quinsam coal mine near Campbell River, B.C.After consulting with Japanese partner Marub…
NAME CHANGE (September 14, 1998)
Vantage Enterprises (VEC-V) has changed its name to African Gemstones (AGZ-V).
VenCan seeks remedy in Edwards dispute
Operator River Gold Mines (riv-t) says the Edwards mine, northeast of Wawa, Ont., sustained a loss last year. The mine’s owner, VenCan Gold (VCG-M), believes the operation generated a profit of at lea…
NEWS ROUNDUP — Freewest reports find near Sudbury
Montreal-based Freewest Resources Canada (FWR-T) has discovered a platinum-palladium-copper-nickel showing at its wholly owned Folson Lake property in Gerow Twp., 80 km west of Sudbury, Ont.The 320-ha…
Australasian PGM sector needs dash of Fipke magic
In the mid 1980s, the man who later undertook the great geological detective work that put Canada on the world diamond map, was in the deep south of New Zealand, in conditions as cold as, but a lot we…
Minroc eyes Kanyemba
Clifford Frame’s Minroc Mines (MN-T) is acquiring a half-interest in the Kanyemba uranium-vanadium project in Zimbabwe from Toronto-based junior Cline Mining (CMK-V).Minroc will pay Cline 1.5 million …