Companies (March 29, 1999)
Adobe VenturesArabian Shield DevelopmentArimex MiningAtna ResourcesAuric ResourcesAvalon VenturesBand-Ore ResourcesBarrick GoldBattle Mountain GoldBolidenBroadlands ResourcesCambiex Explora…
News
SPOT PRICES (March 29, 1999)
Precious MetalsPrice (US)ChangeGold$284.25+$0.35Silver$ 5.10+$0.06…
Sunshine posts quarterly loss
Despite higher silver production, Sunshine Mining & Refining (SSC-N) posted a net loss for the fourth quarter of 1998.The company reported a loss of US$3.8 million, compared with a loss of US$3.1 mill…
Geomaque discovers new zone on San Francisco
Following a record year of output, Geomaque Explorations (GEO-T) has discovered a new zone of near-surface gold mineralization just west of its San Francisco mine in Mexico’s Sonora state.Results are …
Redaurum shareholders approve takeover
Shareholders have approved a revised agreement for a business combination between Redaurum (RRK-T) and a private company.The revised merger agreement — effectively a reverse takeover of Redaurum — w…
East Bull Lake yields more PGE for Mustang
Junior Mustang Gold (MMIN-C) has discovered more platinum group elements in the East Bull Lake intrusion, 80 km west of Sudbury, Ont.The Toronto-based company resampled a hole that was drilled in the …
Australian geology subject of tour
With a focus on Australia’s diverse geology, two field trips will make stops at 16 of the continent’s precious and base metals mines.Sponsored by the Australian Minerals Foundation (AMF), the tour, en…
GREATEST VALUE TRADED, March 17-23
ExchgVal ($000s)HighLowCloseChangeBarrick GoldT24…
Virginia drills gold at La Grande Sud
Virginia Gold Mines (VIA-M) continues to intersect gold mineralization at the recently discovered Veines zone, part of the company’s La Grande Sud deposit in Quebec’s James Bay region.The zone, situat…
EDITORIAL & OPINION – COMMENTARY — Robotics transforming mining
During the 20th century, the Canadian mining industry earned a global reputation as a leader in the development of advanced technology. Today, many of the technological innovations that were conceived…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Western markets cool on Starcore, Argentina Gold
The Vancouver Stock Exchange composite index sank 5.1 points, or 1.2%, to close the week ended March 23 at 419.57. The mining index lost 6.74 points, or 2.1%, and finished at 307.11.Meanwhile, the com…
TSE INDICES (March 29, 1999)
1999Mar. 23Mar. 22Mar. 19Mar. 18Mar. 17HighLowCom…