NAME CHANGE (July 05, 1999)
Athlone Resources (AT-V) has changed its name to Athlone Minerals (ATH-V) on a 1-new-for-1-old-share basis.
News
MOST ACTIVE ISSUES, June 23-28
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MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Firmer metals propel producers
The Dow Jones industrial average fell slightly during the report period ended June 28, closing down 66.48 points, or 0.6%, at 10,655.15.Metal producers perked up as the price of both copper and gold s…
EDITORIAL & OPINION — Innovation and culture — The Me Generation
The baby-boomers like to think they led the way, but it was really their parents — the Second World War generation — who entrenched innovation, entrepreneurship and individualism in North American c…
Manitoba shells out for exploration projects
The government of Manitoba will contribute $1.2 million to exploration projects in the province.The funding is part of the government’s Mineral Exploration and Assistance Program (MEAP), designed to a…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Winspear leads as VSE posts modest gains
During the holiday-shortened report period ended June 28, the Vancouver Stock Exchange composite index tacked on 5.75 pointts, or 1.35%, to close the week at 430.48. The mining index rose 3.70 points,…
Miramar tightens belt, looks to expand
With a strike behind it and cash in the bank, Miramar Mining (MAE-T) is looking to join the ranks of intermediate gold producers, the company’s president told shareholders at the annual meeting.The co…
LETTERS TO THE EDITOR — Blame Grits for gold’s woes
The recent precipitous drop in the price of gold is both damaging to some investors and alarming to the wider public.For centuries, gold has been an important yardstick by which we measure the wealth …
DIAMOND PAGE — Kennecott seeks diamonds near Wawa
Encouraged by northern Ontario’s newfound diamond potential, Kennecott Canada Exploration has signed a deal to earn majority interests in properties comprising more than 200,000 ha near the town of Wa…
BHP pulls plug on mines
Australia’s Broken Hill Proprietary (BHP-N), the second-largest copper producer in the world, will close its North American operations as a result of persistently low prices for the red metal.The anno…
BASE METALS — PolyMet tests NorthMet material
Metallurgical tests on material pulled from the NorthMet copper-nickel project in northern Minnesota are returning encouraging results for PolyMet Mining (POM-V).The bio-leach testing is being carried…
IMF gold sales would harm struggling economies
The International Monetary Fund’s proposal to sell 10% of its gold to assist debt relief would harm, rather than help, some of the world’s poorest nations, says the World Gold Council.The New York-bas…