GREATEST VALUE TRADED (August 23, 1999)
August 11-17, 1999CompanyExchgValue($000s)HighLowCloseChangeReyn…
1999
LETTER TO THE EDITOR — Time for a national geoscience association
In recent months, there has been a new imperative that geoscientists be registered with a professional organization. This follows the practice already in place for engineers.As Canadians, we need to l…
Aquest hits more gold at Anabella
Junior Aquest Minerals (AQU-V) has intersected additional gold and antimony at its Anabella project in western Guatemala.The mineralization is hosted in fine-grained, disseminated arsenopyrite in argi…
Meetings (August 23, 1999)
Aug 23 AltagemAug 23 DonnerAug 23 InterstarAug 23 SpokaneAug 23 StarrexAug 24 AmeridexAug 24 Cons. ShoshoniAug 24 Grand OakesAug 25 Booker GoldAug 25 Klondike GoldAug 25 MossAug 25 PanterraAug 26 Cons…
Antares gains diamond properties
Antares Mining & Exploration (ANZ-T) has signed an agreement with South African-based Randgold covering the latter’s 50% interest in the Witkrans diamond property and its 100% interest in the Kaffersk…
Rio Narcea reports mixed quarter
Despite record production and lower cash costs at its El Valle gold mine in northern Spain, Rio Narcea Gold Mines (RNG-T) posted a net loss in the second quarter.The company lost US$674,500 on revenue…
Anglo explores Peruvian gold prospect
The Peruvian subsidiary of South African-based Anglogold (AU-N) has signed a letter-of-intent with Solitario Resources (SLR-T) to acquire an interest in the Sapalache gold property in northern Peru.An…
Geomaque tackles San Francisco costs
The San Francisco gold mine in Mexico continues to provide a steady stream of production to Geomaque Explorations (GEO-T), having churned out 17,532 oz. in the second quarter.The quarterly output brin…
Seabee production increases
Increased production from the Seabee mine in northern Saskatchewan kept Claude Resources (CRJ-T) in the black during the first half of 1999.Earnings during the period reached $1.9 million (6 cents per…
Aquest seeing gold, antimony at Anabella
Drilling at the Anabella project in the western highlands of Guatemala has encountered intermittent zones of gold-antimony mineralization, reports operator Aquest Minerals (AQU-V).The results come fro…
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,…
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…