With weak copper and gold prices sending shares of producers to their lowest levels in years, some companies are diving into the bargain-basement equity market to buy back their own shares.As the Dow …
Stepout drilling at the El Penon gold-silver project in northern Chile has more than doubled the strike length of the Quebrada Colorado gold-silver zone.Owner Meridian Gold (MNG-T) recently received r…
While many of its peers are chasing mineral deposits in Africa, Latin America and Southeast Asia, Cumberland Resources (CBD-T) has chosen to concentrate its exploration efforts in Canada’s Far North. …
In 1919, I left my job as an Ontario mines inspector to work for the Longyear Company in Minneapolis, Minn., on its shaft contracts.My family came from Ontario with me, but, because I was often on the…
I wish to clarify your description of the terms of our agreement with Anatolia Minerals Development, as described in a recent issue (“Rio Algom teams with Anatolia in Turkey,” T.N.M., Sept. 7-13/98).I…
The Asian economic crisis has continued to have an adverse effect on gold demand in those markets, with the exception of Vietnam. However, gold consumption turned positive in the second quarter as dem…
Sulliden Exploration (SUE-M) manages its own exploration programs at its Las Huaquillas polymetallic property and no longer employs independent firm Kilborn Engineering Pacific. As well, hole 97-4 ret…
At the annual meeting of Porcher Island Gold (PIG-V), shareholders approved a change in the name of the company to Tetra Metals.The meeting was adjourned for one month until Sept. 30 to allow register…
An 82-metre-thick interval of volcaniclastic, mud-rich, indicator-bearing kimberlite, encountered near the previously tested DO-29 body on the WO claim block near Lac de Gras in the Northwest Territor…
I couldn’t agree more with Ben Ainsworth’s letter (T.N.M., Aug. 31-Sept. 6/98) advocating a national standard for those of us who might be classified as “Qualified Persons.” The current state of affai…
In the midst of an insurgency aimed at ousting President Laurent Kabila of the Democratic Republic of Congo, Banro Resources (BNRS-C) has launched a $1-billion lawsuit against the government following…
Wednesday September 9, 1998Price (US)Week’S ChangeGold*$284.15+$4.15Silver*$ 4.85…
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