Western Quebec takes Wesdome subsidiary public
Eager to raise funds for further exploration at the Wesdome gold property in Val d’Or, Que., Toronto-based Western Quebec Mines (WQM-T) is proceeding with an initial public offering of its wholly owne…
News
Goldbar to acquire Dufferin
A share deal worth $1.6 million has enabled Newfoundland Goldbar Resources (NFGB-C) to acquire the Dufferin gold property in Nova Scotia.The company picked up the property by purchasing all the shares…
Partners find new zone at Dubenski gold property
Avalon Ventures (AVL-V) and Consolidated Westview Resource (CWS-V) have discovered a new gold zone on the East Cedartree portion of their joint-ventured Dubenski project near Kenora, Ont.As part of an…
DIAMOND PAGE — American Gem settles with feds
Toronto-based American Gem (AAGM-C) has agreed to pay the U.S. government US$150,000 to settle an investigation into the company’s claim-staking practices between 1994 and 1997.The government was inve…
Northair drills for silver at Venturina
A first round of drilling of the Venturina gold-silver target in the northern Mexican state of Chihuahua has returned mixed results for International Northair Mines (INM-V).The Vancouver-based junior …
Careers (December 14, 1998)
NORTHERN COLLEGEINTERNAL / EXTERNAL POSTINGPOSITION: Principal…
Index (December 14, 1998)
CareersClassifiedCommentaryDiamond PageDividendsDrillersEditorialGeology 101Insider TradingInvestment CommentaryLetters to the EditorMarket PlaceMetal PricesNews RoundupPeopleProfession…
NEWS ROUNDUP — Cheviot proposal to return to court
A ruling by the Federal Court of Appeal will enable environmental groups to challenge development of the Cheviot coal mine in Alberta.The court agreed with allegations from a coalition of five environ…
Noranda options prospect
Noranda (NOR-T) has signed a letter-of-agreement to option a second property from Golden Temple Mining (GTM-V) in the Mexican state of Guanajuato, near Leon.The Mexican subsidiary of Noranda can earn …
TSE SHORTS (December 14, 1998)
Short positions outstanding at November 30, 1998Larger individual positions include: Abitibi-Consolidated 1,299,255, up 160,265; Alcan Aluminium 1,128,040, down 230,566; Asia Pacific Resources 132,700…
METAL PRICES (December 14, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateDec. 8Dec. 7Dec. 4Dec. 3…
Bolivar doubles mill capacity
Bolivar Goldfields (BVG-T) will double, to 1,400 tonnes, the daily capacity of the mill it bought in Venezuela last June.The refurbished Revemin mill will continue to process gold ore. Bolivar says th…