MOST ACTIVE ISSUES, April 21-27
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News
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Dow eyes 11,000 mark
The Dow Jones industrial average rose 383.16 points, or 3.7%, in the report period ended April 27 to finish at a new high of 10,831.71, closing in on the 11,000 mark.Mining issues were mixed as gold a…
LETTERS TO THE EDITOR — Corruption a slippery slope
I read your editorial “A vicious circle” (T.N.M., March 8-14/98) and must congratulate you on it.Your scenario, I fear, is right on the money in some of the poorer nations. As a caring company that se…
Noranda posts slim first-quarter earnings — Collahuasi, Raglan boost production of copper and nickel
With a major restructuring behind it and several large projects in the pipeline, Noranda (NOR-T) managed to withstand the effects of low metal prices and turn a slight profit in the first quarter.In t…
Valerie drilling at Estrella
Junior Valerie Gold Resources (VLG-V), one of the Lang Mining Group of companies, is exploring the formerly producing Estrella property in the western Mexican state of Nayarit, 140 km southeast of Maz…
CORRECTION (May 03, 1999)
In our March 15 issue, we incorrectly stated that that certain executives of Kit Resources (KIT-T) had disposed of their options, when in fact they cancelled them.John Zigarlick was actually granted 1…
EDITORIAL & OPINION — ODDS ‘N’ SODS — The last forty metres
The following is the second in a series in which the author, an exploration geologist based in Delta, B.C., recounts his experiences working in the jungles of Venezuela in the late 1980s and early 199…
PEOPLE — Polymet (May 03, 1999)
Leslie Landefeld appointed director of investor relations.
PEOPLE — Orion (May 03, 1999)
Peter Workum appointed president and director; Theo Henning, Robert McPherson and Douglas Street appointed directors.
PEOPLE — Cabo (May 03, 1999)
Paul Dumas and Leroy Wolbaum appointed directors.
HMINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — AG settles following Homestake deal
The Vancouver Stock Exchange composite index edged up 1.03 points, or 0.02%, to finish the week ended April 27 at 436.51. The mining index lost 1.95 points, or 0.6%, and ended at 310.56.Meanwhile, the…
Lihir mine underperforms in first quarter
Vengold (VEN-T) says first-quarter gold production at its Lihir mine in Papua New Guinea proved lower than expected. The cause is attributed to unplanned downtime.The company holds an 18.5% interest i…