News


NEWS ROUNDUP –Canmine buys associated company

Canmine Resources (CMR-T) has acquired Red Engine Resources, a private company partnered with Canmine at several properties in Ontario and Manitoba.The merger between the companies, which share a pres…



NEWS ROUNDUP — Yamana funds Argentine programs

Washington state-based Yamana Resources (YRI-T) has raised $4.7 million through a special warrant financing, with each special warrant priced at $1.Each special warrant entitles the holder to acquire,…




Greenstone weathers storm in Central America

Gold miner Greenstone Resources (GRE-T) has reported less-than-catastrophic hurricane damage to its facilities in Central America.Damage caused by Hurricane Mitch at the Cerro Mojon mine in Nicaragua …


NEWS ROUNDUP — Agnico juniors to merge

In order to cut administrative costs, Agnico-Eagle Mines (AGE-T) plans to merge two of its junior exploration companies: Sudbury Contact Mines (SUD-T) and Silver Century Explorations (SVC-A).



Ararat exceeds expectations

In November, First Dynasty Mines (FDM-T) produced 2,500 oz. gold equivalent from its Ararat tailings recovery project in Armenia.The project is operating 25% above design capacity, recovering 17% more…



PRODUCER AND DEALER PRICES (December 14, 1998)

Aluminium: LME settlements US$1,262, alloy US$1,053 per tonne (Dec. 8/98).Antimony: Representative mid-market US$1,295 per tonne (Dec. 1/98).Bismuth: Representative mid-market US$3.20 per lb. (Dec. 1/…


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