News


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…


Anglo American buys into Aussie nickel miner

Having advanced its Murrin Murrin nickel-cobalt mine and refinery to the commissioning stage, Australian-listed Anaconda Nickel is receiving a second vote of confidence from a foreign nickel producer….



INSIDER TRADING — Armada exec unloads shares

Recent insider trading reported by the Ontario Securities Commission in its OSC Bulletin includes the following:Armada Gold (AAU-T) — John Hopkins, director, sold 500,000 shares at 4 cents-5 cents pe…


Three aluminum giants enter into merger

In the biggest cosolidation move yet in the international aluminum industry, Alcan (AL-T) is taking the lead in a merger with two large European aluminum producers.The Montreal-based company announced…


George Lake project gets new lease on life

Unable to go it alone, Kit Resources (kit-) has enlisted the aid of Kinross Gold (K-T) to develop its George Lake gold project near Bathurst Inlet in Nunavut.Touted as one of the largest undeveloped p…


Ecuadorian hits high grade at Beroen

Junior Ecuadorian Minerals (EMC-T) has intercepted high-grade gold-silver values at the Beroen project in southwestern Ecuador.Results from the first four holes drilled on the Alejandra breccia encoun…


No Headline (August 09, 1999)

,HLME WHSE LEVELSMetal stocks (in tonnes) held in London Metal Exchange warehouses at Aug. 3/99 (change from July 27 in brackets):MetalStocks(tonnes)Change…


PRODUCER & DEALER PRICES (August 09, 1999)

Antimony: Mid-mkt US$1,195/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Recent trades US$60.00-90.00/t.Cobalt: Recent trades US$18.50-20.20/lb.Copper: Comex Sept. US$0.756/lb.In…


Excellon, Apex hot on Platosa

Partners Excellon Resources (EXN-V) and Apex Silver Mines (SIL-X) have tabled encouraging assay results from a drill program on the Platosa property in Mexico’s Durango state.The 11,600-acre property …


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