Partners drill for Ghanaian gold
Partners Battle Mountain Gold (BMC-T) and Birim Goldfields (BGI-T) have begun reverse-circulation drilling at their Dunkwa gold property in Ghana.Battle Mountain, which is managing the project on beha…
News
LETTER TO THE EDITOR — Geostatistics a complex issue
As an exploration and mining geologist, I am very uneasy with the image projected by the editorial “Challenging geostatistics” and the feature “Recent history reveals trends in mine failures,” which t…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Producers focus on cost-cutting in absence of gold rally
A year ago, mining companies talked mostly about their expanding reserves and resources. At the recent Mining Investment Forum in Denver, gold producers were grilled by mining analysts and fund manage…
Companies (October 26, 1998)
Aber ResourcesAlta GoldAltius MineralsArgentina GoldAtna ResourcesBarrick GoldBHP MineralsBolidenBuchans RiverCaledonia MiningCamecoCanaco ResourcesChesbar ResourcesComincoCopperQuestDarnley Bay Resou…
DIAMONDS — Spider Resources to test Brazilian diamond concession
A sampling program will be conducted in a historic diamond-producing region of east-central Brazil to determine whether a structure on ground held by Spider Resources (SPA-A) is the primary source.The…
Argentina Gold pulls hot values from Amable property
Argentina Gold (ARP-V) has tabled some impressive drill results from the Amable target on the Veladero project in San Juan province.Hole 80 returned 212 metres grading 3.67 grams gold and 47.71 grams …
DIAMONDS — Value-added for Canadian diamonds
The impact of diamond mining on the Canadian economy would multiply several-fold if the country established a secondary industry to cut, polish and market the production.Traditionally, about 20% of th…
PRODUCER & DEALER PRICES (October 26, 1998)
Aluminium: LME settlements US$1,308, alloy US$1,118 per tonne (Oct. 20/98).Antimony: Representative mid-market US$1,300 per tonne (Oct. 20/98).Bismuth: Representative mid-market US$3.25 per lb. (Oct. …
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Argentina Gold glows in otherwise flat market
Western markets remained flat over the Oct. 14-20 trading period. The Vancouver Stock Exchange composite index remained virtually unchanged at 384.62, whereas the mining index dropped 3.12 points, or …
Homestake Mining aims to expand Down Under
Homestake Mining (HM-N) is focusing on expanding reserves at two gold mines in Australia, following its recent acquisition of Aussie producer Plutonic Resources.At the Lawlers mine in Western Australi…
MINING MARKETS & INVESTMENT NEWS — Placer absorbs Lassie Red Lake
Lassie Red Lake Gold Mines, formerly listed on the Canadian Dealing Network under the symbol LRLG, has merged with a subsidiary of Placer Dome (PDG-T)Minority shareholders of Lassie Red Lake voted 95….
DIAMONDS — Diadem finances California exploration
Diadem Resources (DIR-M) anticipates that a private placement will enable it to resume exploration at its Leek Springs diamond project in the Sierra Nevada Mountains of central California.The company …