MOST ACTIVE ISSUES, Dec. 16-21
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News
DIAMOND PAGE — Judge calls for charges against Rovic
A judge has recommended that two employees of Rovic Diamonds and their employer be charged with culpable homicide in connection with a mud slide that killed 20 people at a diamond mine in South Africa…
TNK plans drilling
A soil-sampling program by TNK Resources (TNKR-C) has identified 28 potential drill targets on two portions of the Gope diamond prospect in Botswana.De Beers Consolidated Mines (DBRS-Q) holds rights t…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS
Majors languish as gold sags below US$290 per oz.During the Dec. 16-21 report period, the TSE 300 composite eased up 2% to 6,381 points while the gold and precious minerals sub-index dropped slightly …
Careers (December 21, 1998)
Located on the Northeast Coast of New Brunswick, Noranda Inc., Brunswick Mine, a world leader in the production of zinc, lead, copper and bulk concentrates, has challenging career opportunities availa…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — VSE holds its own as mining index edges ahead
The Vancouver Stock Exchange composite index held its ground during the report period ended Dec. 15, losing only 0.17 point to finish at 382.50. The mining index showed signs of life, tacking on 4.89 …
Meetings (December 21, 1998)
Dec. 22, BarrierDec. 22, Cons. RamblerDec. 22, First MaritimeDec. 22, Key AnaconDec. 22, Northern CanadaDec. 22, RIS Res.Dec. 22, SheffieldDec. 23, ArkonaDec. 23, AuriginorDec. 23, Int’l All NorthDec….
DIAMOND PAGE — Messina Diamond grapples for survival
Faced with financial difficulties and a depressed diamond market, Messina Diamond (MSC.U-T) is selling its Star operation in an effort to maintain production at its namesake mine.Both operations are i…
DIAMOND PAGE — Ashton finds more kimberlites in Alberta
A program of early winter drilling is proving auspicious for Ashton Mining of Canada (ACA-T), which has uncovered two more kimberlites in the Buffalo Hills region of north-central Alberta.The first of…
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Output up for Nevada gold
Nevada mined 7.8 million oz. gold in 1997, which is 75% of all gold produced in the U.S. and nearly 10% of world production.Gold production in Nevada makes the U.S. the second leading gold producer in…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow shakes off downward trend
After five straight days of losses, the Dow Jones industrial average turned things around with a gain of 126 points on Dec. 15, the last day of our report period. However, the average was still off 20…
GOLD FUNDS (December 21, 1998)
Gold Funds as of December 10, 1998BGRCentralNet Value$13.795.92Price$9.45…