The biggest story during the report period ended Jan. 19 was the announcement that the low-grade, high-tonnage Highland Valley copper mine in British Columbia would close in May.The decision was made …
Ashton Mining of Canada (ACA-T) has met with a setback at the Buffalo Hills diamond exploration project in north-central Alberta: the analysis of a mini-bulk sample from kimberlite K-11 has proved une…
Although hedging by gold mining companies has had a relatively short history, it has reached a position of great significance, and not just to producers. Nowadays, any potential investor, any dealer i…
Diamond explorer Winspear Resources (WSP-V) is gearing up for a $12-million drilling program designed to advance the NW Snap Lake project in the Northwest Territories.The project is focused on the exp…
Almost every North American geologist, mining executive and research analyst has one. Some have two or more white-knuckle stories to tell about their ventures into foreign lands. Few, however, are as …
Acting on the principle that two treasuries are better than one, Eastmain Resources (ER-T) has joined forces with another junior to explore its Tingley Brook base metal property in New Brunswick’s Bat…
Australia’s Centaur Mining & Exploration (CEMGY-O) has achieved commercial production at Cawse nickel-cobalt mine in Western Australia.The open-pit laterite operation began producing cobalt in Decembe…
In an effort to settle its long-standing dispute with partner Lancaster Mining, Piedmont Mining (PIED-O) will sell its minority interest in the Haile joint venture in South Carolina, For US$2 million,…
A technical session on diamonds, sponsored by De Beers Consolidated Mines, and an overview of volcanogenic massive sulphide (VMS) and carbonate-hosted polymetallic deposits in Mexico are but a few of …
Five private investors have agreed to buy more than 1 million special warrants of Manhattan Minerals (MAN-T) at $2.95 each. Gross proceeds are expected to total $3 million.Each special warrant will al…
Partners Noranda (NOR-T) and Southern Africa Minerals (SAF-T) are resuming exploration of the latter’s Caber zinc-copper property in Quebec’s Matagami region.The co-managed program will include an ini…
Short positions outstanding at December 31, 1998Larger individual positions include:Abitibi-Consolidated 929,500, down 448,880; Alcan Aluminium 1,062,050, down 293,341; Asia Pacific 118,700; Barrick G…
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