Careers (October 26, 1998)
Lovat Inc. is the Canadian-based world leader in the custom design and manufacture of Tunnel Boring Machines utilized in the construction of tunnels for the transportation, sewer and water main, minin…
News
MINING MARKETS & INVESTMENT NEWS — Caledonia looks to regain listing
Toronto-based Caledonia Mining has been dropped from the Nasdaq board for failure to keep its head above the minimum trading level of US$1.However, the company is negotiating with CIBC Wood Gundy to r…
Index (October 26, 1998)
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VenCan wins day in court
An Ontario Court has denied River Gold Mines’ (RIV-T) request to relieve it from forfeiture of a lease to operate the Edwards gold mine northeast of Wawa, Ont.The decision came a day after mine owner …
TSE INDICES (October 26, 1998)
1998Oct. 20Oct. 19Oct. 16Oct. 15Oct. 14HighLowCom…
DIAMONDS — Platinova continues search in Greenland
Platinova (PAS-T) has wrapped up summer field work at its diamond properties in west-central Greenland.The company evaluated some 50 geochemical and geophysical targets for kimberlite-pipe potential a…
DIAMONDS — Guibord ruby counts indicate potential
Testing and mineral counts on a bulk sample from a property owned by Tandem Resources (TDM-M) in northeastern Ontario are confirming ruby mineralization in a kimberlite found there in 1996.Test work b…
MINING MARKETS & INVESTMENT NEWS — Glamis acquires Mar-West
Reno, Nev.-based Glamis Gold (GLG-T) has acquired Mar-West Resources.Glamis issued 7.5 million shares and paid $6.7 million cash to complete the deal. For every two shares held, stockholders of Mar-We…
THE NORTHERN MINER — SMALL PRODUCERS INDEX (October 26, 1998)
96.63 (-1.20)(Sept 30/98 = 100)…
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…