Nisga’a treaty contentious
Your Sept. 14 editorial about aboriginal land claims being conducted “behind closed doors” raises questions about the Nisga’a treaty. The treaty, also conducted without public input, has now become a …
News
MOST ACTIVE ISSUES (November 02, 1998)
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MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Junior mining issues help buoy VSE
The Vancouver Stock Exchange composite index climbed 4.75 points, or 1.2%, to finish the report period ended Oct. 27 at 389.37. The mining index remained steady, edging up only 0.03 of a point, to clo…
PRODUCER & DEALER PRICES (November 02, 1998)
Aluminium: LME settlements US$1,263.50, alloy US$1,085 per tonne (Oct. 27/98).Antimony: Representative mid-market US$1,250 per tonne (Oct. 27/98).Bismuth: Representative mid-market US$3.25 per lb. (Oc…
LME WHSE LEVELS (November 02, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Oct. 27/98 (change from Oct. 20 in brackets):MetalStocks (tonnes)Change…
MINING MARKETS & INVESTMENT NEWS — NEWS ROUNDUP — Rayrock beefs up board
Not long after appointing James Askew president, Rayrock Resources (RAY-T) beefed up its board by adding three directors with backgrounds in international exploration, mining and finance.Michael Marti…
TVI takes on partner
TVI Pacific (TVI-T) has signed up a partner to help explore its Rapu Rapu and Buenavista gold properties on the Philippine island of Luzon.A private Philippine company can a earn a 75% interest in eac…
Dayton to restructure debt
Dayton Mining (DAY-T) reports that it is in discussions with its creditors for the purpose of restructuring its bank debt.All existing defaults were waived by the lenders through to Oct. 19, 1998, but…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Modest loss for Dow
During the report period ended Oct. 27, the Dow Jones industrial average slowed its pace, having posted heavy gains in the previous week. The Dow slipped 139.81 points, or 1.6%, to close at 8,366.04.M…
Economics improved at Cristinas
Placer Dome (PDG-T) has reduced the anticipated average production costs at its 70%-owned Las Cristinas gold project in southeastern Venezuela.The reduction of operating costs and the increase in prod…
TSE INDICES (November 02, 1998)
1998Oct. 27Oct. 26Oct. 23Oct. 22Oct. 21HighLowCom…
TSE SHORTS (November 02, 1998)
Short positions outstanding at October 15, 1998Larger individual positions include:Abitibi-Consolidated 1,056,644, up 75,600; Alcan Aluminium 1,227,872, down 75,794; Anderson Exploration 142,585; Arge…