Record production keeps Nelson in black
Record gold production and lower cash costs at the Jilau gold mine in northwestern Tajikistan continue to keep Nelson Gold (NLG-T) profitable.The London, England-based company earned $421,000 during t…
1998
JAG makes copper discovery
A regional exploration program by International Jaguar Equities (JAG-V) has resulted in the discovery of an area of extensive copper mineralization at the Lord River project in the Taseko Lakes area, …
Meetings (August 31, 1998)
Aug. 31, AranleeAug. 31, Canadian MonoAug. 31, GoldmaxAug. 31, GronarcticAug. 31, Porcher IslandAug. 31, Red EngineAug. 31, RichmarkSept. 2, CancorSept. 2, AquestSept. 2, CancorSept. 2, Cotton ValleyS…
Great Basin expands gold-silver system at Ivanhoe property
Partners Great Basin Gold (GBG-V) and Cornucopia Resources (CNP-T) have released more positive drill results from the Hollister area of the Ivanhoe property in north-central Nevada.The property compri…
EDITORIAL & OPINION — NEW HORIZONS — Holograms indebted to silver
To the eye, the color image is almost indistinguishable from the original object.Essential to the quality of the color holograms is the fine-grain, silver-halide film required to record the laser ligh…
Novicourt still in the black
Copper prices are not what they were a year ago, yet Novicourt (nov-t) continues to post profits from its share of production at the Louvicourt mine near Val d’Or, Que.The Noranda subsidiary holds a 4…
Record gold production for Normandy
Australia’s largest gold miner broke several production records during its recently completed fiscal year.For the year ended June 30, 1998, Normandy Mining (NDY-T) produced 1.4 million attributable ou…
Fort Knox plans work program for Gunsite project in Alaska
A mapping and sampling program is under way at the Gunsite property, 90 miles north of Anchorage, Alaska, at the northwestern end of the historic Palmer gold mining district.The project was recently a…
SPOT PRICES (August 31, 1998)
Wednesday Aug. 26, 1998Price (US)Week’S ChangeGold*$282.50-$3.25Silver*$ 4.97…
Cluff Lake to shut down at turn of century
Saying that uranium prices are too low to sustain mining, Cogema Resources has moved up the anticipated closure of the Cluff Lake mine in northern Saskatchewan.The mine is now expected to close at the…
MOST ACTIVE ISSUES (August 31, 1998)
ExchgVol000s)HighLowCloseChangePlacer DomeT5554…
MINING MARKETS & INVESTMENT NEWS — QUERY — Juniors out of action
I hold common shares of Orecan Explorations and, having done some research, have found little information about the company. I would also like to know what happened to Canreos Minerals, and where this…