THE NORTHERN MINER — SMALL PRODUCERS INDEX (October 26, 1998)
96.63 (-1.20)(Sept 30/98 = 100)…
News
DIAMONDS — Ekati mine new jewel in Canada’s crown
A Canadian mine opening that attracts two cabinet ministers, a raft of federal and territorial politicians, aboriginal leaders, top mining executives from Down Under, a planeload of reporters, and a c…
Winspear, Aber expand Camsell Lake’s potential
The final five holes of the fall drilling program have expanded the tonnage potential of the NW Snap Lake dyke at the Camsell Lake property in the Northwest Territories.The drilling has been suspended…
DIAMONDS — Pinewood examines Afridi
Hoping to imitate its neighbor’s success, Pinewood Resources (PNW-V) is carrying out an airborne electromagnetic and magnetic survey at its Afridi Lake diamond project, 320 km northeast of Yellowknife…
Juniors step up pace in Newfoundland — Altius, Noveder among companies involved in grassroots programs
While exploration activity may have cooled in Labrador, across the Strait of Belle Isle in Newfoundland many juniors and majors are once again targetting base metal and gold prospects.What follows is …
DIAMONDS — Like a shot-gun blast from below
Diamond deposits begin forming 150-200 km below the thickest portion of the earth’s crust, where the right combination of cool temperatures and high pressures converts carbon not into the more common …
EDITORIAL & OPINION — Ekati opening reason to celebrate — How sweet it is!
They said it couldn’t be done. They said caribou herds and other wildlife would be at risk. They warned that fish habitat would be lost, that lakes would be drained, and that the aboriginal way of lif…
DIAMONDS — Citation acquires Quadrant’s diamond projects
Following several months of delays, Vancouver-based junior Citation Resources (CUE-V) has finally completed a deal to acquire diamond projects in western Greenland and Australia from Australian-based …
Ottawa appoints valuator
Canada’s Department of Indian Affairs and Northern Development has appointed privately held Diamonds International Canada (Dican) as its official diamond valuator for the determination of federal and …
Rio Narcea expands search for Iberian gold
Drilling by Rio Narcea Gold Mines (RNG-T) has extended the known mineralization at the El Valle open-pit mine in northern Spain.Alberto Lavandeira, the company’s president, spoke at the Mining Investm…
MINING MARKETS & INVESTMENT NEWS — INSIDER TRADING — Low metal prices spur insider buying spree
Recent filings with the U.S. Securities and Exchange Commission show that executives in several companies are taking advantage of the market downturn to pick up cheap shares in their respective compan…
LME WHSE LEVELS (October 26, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Oct. 20/98 (change from Oct. 13 in brackets):MetalStocks (tonnes)Change…