Toronto-based American Gem (GEM-V) has signed an agreement granting Gupta Gemhouse the right to become the exclusive distributor of its existing sapphire inventory and future production from the Gem M…
Ongoing definition drilling has enabled Goldcorp (G-T) to report a 47% increase in high-grade reserves at its Red Lake gold mine in northwestern Ontario.High-grade, probable reserves are calculated at…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept. 8/98 (change from Sept. 1 in brackets):MetalStocks (tonnes)Change…
Adrian Resources (ADL-T) and International Skyline Gold (SK-T) will acquire a 63% and a 27% interest, respectively, in the Picuda copper-oxide property in southern Peru.In return, Adrian must pay the …
Aluminium: LME settlements US$1,355, alloy US$1,160 per tonne (Sept. 1/98).Antimony: Representative mid-market US$1,250 per tonne (Aug. 25/98).Bismuth: Representative mid-market US$3.45 per lb. (Sept….
Ongoing weakness in world nickel markets has prompted a unit of Falconbridge (FL-T) to curtail production from its 85.26%-owned ferronickel operation in the Domincan Republic.During the 3-month shutdo…
Sept. 14, Camnor –Sept. 14, Cont’l Precious Minerals –Sept. 14, Int’l Taurus –Sept. 14, Tenajon –Sept. 14, Western Pacific –Sept. 15, Altagem –Sept. 15, Ascot –Sept. 15, Mazarin –Sept. 15, Med…
Donner Minerals (DML-V) has resumed drilling at the South Voisey’s Bay joint venture in Labrador.Drilling had been suspended for one month to allow an ongoing pulse electromagnetic survey to delineate…
Polymet Mining (POM-V) is pulling out of Labrador so that it can focus on the Dunka Road polymetallic project in northeastern Minnesota.Polymet, formerly known as Fleck Resources, will sell its intere…
ATS Wheel (ATK-V) has changed its name to JSS Resources (JSS-V).
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateSept. 8Sept.7Sept.4Sept.3…
The economic malaise in Asia is taking its toll on Hillsborough Resources (HLB-T), operator and 63%-owner of the Quinsam coal mine near Campbell River, B.C.After consulting with Japanese partner Marub…
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