Metallurgical firms pursue new ventures
Several metallurgical firms have inked deals with mining companies in order to maximize benefits from processing technologies and expand into new business opportunities.An agreement between GeoBiotics…
News
INSIDER TRADING — Royal insiders buy shares
Recent filings with the U.S. Securities and Exchange Commission show that four executives of Royal Gold (RGLD-Q) picked up shares in September and October.Odin Howell, director, exercised 2,500 option…
TVI farms out Rapu Rapu
A group of companies controlled by Lafayette Mining, a publicly traded Australian company, has signed a joint-venture agreement with TVI Pacific (TVI-T) to acquire a 75% stake in the Rapu Rapu preciou…
GREATEST VALUE TRADED (December 21, 1998)
ExchgVal($000s)HighLowCloseChangePlacer DomeT5261…
MOST ACTIVE ISSUES (December 21, 1998)
ExchgVol(000s)HighLowCloseChangePlacer DomeT27476…
Ambrex reassesses Aripuana
Resampling an old drill hole has led to the discovery of high-grade gold mineralization in oxides at the Aripuana polymetallic property in northwestern Brazil.Operator Ambrex Mining (AMBX-C) reports t…
NEWS ROUNDUP — Crown Butte mulls dissolution
The saga of the expropriated New World mine in Montana is nearing its end as owner Crown Butte Resources (CBL-T) seeks shareholder approval to dissolve the company.This past summer, the company receiv…
NAME CHANGE (December 14, 1998)
Brazilian Goldfields (BGF-V) has changed its name to Brazilian International Goldfields (BZ-V) on a 1-new-for-4-old-share basis.
Las Huaquillas yields mixed results — Junior also signs deal to acquire Newfoundland gold property
Sulliden Exploration (SUE-M) has received mixed results from the latest six holes drilled at its Las Huaquillas property in the Cajamarca department of northern Peru.All six were collared in the San A…
INVESTMENT COMMENTARY — Iamgold gets nod for low costs at Sadiola Hill
First Marathon’s Kerry Smith is one of a growing number of mining analysts giving high marks to the financial performance of Iamgold (IMG-T) and the operating success of its Sadiola Hill gold mine in …
LME WHSE LEVELS (December 14, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec. 7/98 (change from Dec. 1 in brackets):MetalStocks (tonnes)Change…
Orezone hits high-grade gold
Trenching by Orezone Resources (ORZ-M) has revealed a high-grade gold zone at the Intidougou property in Burkina Faso.Eight channel samples from a continuous zone of highly silicified, brecciated bed…