SPOT PRICES (August 16, 1999)
Precious MetalsPrice (US$/oz.)ChangeGold$256.90-$0.60Silver$ 5.34+$0.14…
1999
Freewest raises drilling funds
Junior Freewest Resources Canada (FWR-M) has raised $245,000 to explore two gold properties in New Brunswick.The funds were raised through a private placement of 980,000 treasury shares priced at 25 c…
PEOPLE — Battle Mountain (August 16, 1999)
Ian Atkinson appointed vp operations and exploration.
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — EuroZinc, Grayd buck trend as VSE tumbles
The Vancouver Stock Exchange composite index nosedived 14.26 points, or 3.4%, over the report period ended Aug. 10 to close the week at 400.89. The mining index also lost ground, shedding 6.35 points,…
EDITORIAL & OPINION — NEW HORIZONS — Silver aids in burn therapy
Silver ion therapy helps rebuild tissue and, since its introduction 10 years ago by a New York-based scientist, has been used on a limited basis in a clinical setting at Mountain Medical Specialties i…
Sherritt spring earnings up
Toronto-based Sherritt International (S-T), which has operations in Canada and Cuba, is reaping the benefits of record oil production, upward-trending commodity prices and enhanced efficiency.The comp…
Companies (August 16, 1999)
AfrioreAlcanAlcoaAlusuisse LonzaAnaconda NickelAnglo American PlatinumAnglo AmericanAnglogoldAquest MineralsArmada GoldAshanti GoldfieldsAtna ResourcesAur ResourcesAuric ResourcesBarrick …
Aur Res. enjoys strong quarter
Aur Resources (AUR-T) has reported higher quarterly earnings, thanks to better operating performances at the Louvicourt and Andacollo mines.For the three months ended June 30, the copper miner netted …
EDITORIAL & OPINION — GEOLOGY 101 — Redbed copper deposits, Part 2
Sedimentary redbed deposits are relatively small, and few are ever brought into production. There are no such mines in Canada, though deposits do occur in Nova Scotia and New Brunswick. Around the wor…
SUPPLIERS NEWS ROUNDUP — Chopper company opens doors in north
A partnership between Tulita Land Corp. and Great Slave Helicopters will create one of the largest aboriginal joint ventures to date in the Northwest Territories.The company, to be called Sahtu Helico…
Vancouver site for museum
Considering the mining history of British Columbia, the Yukon and the Northwest Territories, it’s hard to believe that no mineral museum exists west of Ontario. That’s about to change as a result of t…
Major General tests targets
Having outlined two anomalies during a geophysical program, Major General Resources (MGJ-V) is preparing to carry out trenching and drilling on its Spider Lake base metal project near Schreiber, Ont.T…