Hart grabs NWT showings
Preliminary exploration by Golden Hart Exploration (GHXX-C) has uncovered polymetallic showings in iron formation at the Whitehills Lake property in the Northwest Territories.Two of five grab samples …
News
EDITORIAL & OPINION — Environmentalists themselves a threat — Scaremongering
Notwithstanding a few notable exceptions, most self-described environmentalists are woefully ignorant of science. In fact, some are openly contemptuous of the discipline, which they blame for causing …
TSE SHORTS (October 05, 1998)
Short positions outstanding at September 18, 1998Larger individual positions include:Abitibi Consolidated2,079,307, up 94,475; Alcan Aluminium 1,045,099, down 73,536; Asia Pacific Resources 255,400; B…
PRODUCER & DEALER PRICES (October 05, 1998)
Aluminium: LME settlements US$1,312.50, alloy US$1,128 per tonne (Sept. 29/98).Antimony: Representative mid-market US$1,320 per tonne (Sept. 29/98).Bismuth: Representative mid-market US$3.25 per lb. (…
Atlas bears financial burden
Atlas (ATSP-O) has filed for bankruptcy protection, but will continue producing lead, zinc and silver at its Andacaba mine in southwestern Bolivia.Meanwhile, the company hopes to sell its 61% holding …
NEWS ROUNDUP — Leader, Ariel go separate ways
Juniors Leader Mining (LMN-A) and Ariel Resources (AU-T) have scrapped plans to merge.The companies, which in May signed a letter-of-intent to amalgamate, blame poor markets for their decision to forg…
NEWS ROUNDUP — Camnor, La Teko deal gets nod
Regulators have approved a deal for Camnor Resources (CMB-V) to earn a 51% interest in the 3,000-acre Discovery Gulch property of La Teko Resources (LAO-V) in Alaska.For its interest, Camnor must spen…
NEWS ROUNDUP — Junior expands strike of Copper Pond
Prospecting and mapping by Copper Hill (CUHL-C) have extended by 1.5 km the strike length of a massive sulphide zone on its Copper Pond property in Labrador.The 1998 program of geophysical surveys and…
Canadian output of precious, base metals climbs
Canadian production of copper, nickel, lead, gold and silver increased between June 1997 and June 1998. However, output of non-ferrous commodities iron ore and asbestos was down over the same period.T…
LETTER TO THE EDITOR — Geostatistics blameless in mine failures
Your editorial and article implicating geostatistics in recent mine failures has it all wrong (“Challenging geostatistics” and “Recent History reveals trends in mine failures,” T.N.M., Sept. 28-Oct. 4…
Hornby Bay sizes up NWT zinc discovery
Hornby Bay Exploration (HBBY-C) is set to begin preliminary exploration on a recently discovered mineralized sulphide zone in the Hornby Basin of the Northwest Territories.The company intends to condu…
Careers (October 05, 1998)
Socit minire Raglan du Qubec Lte “SMRQ”, dont les oprations se situent la limite nord du territoire qubecois, constitue l’un des projets de mtaux de base les plus importants avior t ral…