TSE suspends Cobatec
The Toronto Stock Exchange has suspended trading in Cobatec (CBT-T) for failure to keep up the exchange’s listing requirements.Cobatec, which had been producing cobalt chemicals at a hydrometallurgica…
News
Atna, YGC wrap up at Wolf
Atna Resources (ATN-T) and YGC Resources (YGC-V) have completed their 1998 drill program on the Wolf property in southeastern Yukon. Thirty holes totalling 6,625 metres were drilled this past season. …
LME WHSE LEVELS (October 05, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept. 29/98 (change from Sept. 22 in brackets):MetalStocks (tonnes)Change…
Rubicon eyes Point Leamington deposit
Two letters-of-intent pave the way for Rubicon Minerals (RMX-V) to acquire the Point Leamington massive sulphide deposit near Grand Falls, Nfld.The deposit hosts an estimated resource of 13.2 million …
DIAMOND PAGE — Archangel to explore in Finland
Archangel Diamond (AAD-V) has signed an agreement with a subsidiary of Popular Resources (PPX-V) to explore for diamonds in southern Finland.The agreement affects 39 claims, or 3,200 acres, near Oulo,…
NEWS ROUNDUP — Electra finances tailings project
Electra Gold (ELT-V) has raised sufficient funds to begin processing tailings at a Newfoundland mill owned by Ming Minerals.The project hinges on a rental agreement with Eastern Meridian Mining (EME-A…
Major General hits sulphides at Sarah Lake
Major General Resources (MGH) has intersected two zones of semi-massive sulphides at its Sarah Lake property in Labrador. The total thickness of the two zones is 2.2 metres.Hole 21 intersected 1.7 met…
MINING MARKETS & INVESTMENT NEWS — Kobex lists on Vancouver
Kobex Resources (KBX-V) has been called for trading on the Vancouver Stock Exchange. The Vancouver-based company raised $1.2 million in its initial public offering, which consisted of 2 million shares…
Index (September 28, 1998)
CareersClassifiedDiamond PageDrillersEditorialGeology 101Insider TradingInvestment CommentaryLetter to the EditorMarket PlaceMetal PricesMining Markets and Investment NewsNew HorizonsProfessional Dire…
GOLD FUNDS (September 28, 1998)
Gold Funds as of September 17, 1998BGRCentralNet Value$13.175.92Price$10.70…
MINERAL EXPLORATION — CASE STUDIES — Ruby Hill gold mine invigorates Nevada camp
The town of Eureka in central Nevada was the birthplace of American silver and lead smelting technology. Recently, after more than a century of mining, the region has seen a resurgence in activity, th…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Investors continue to shun VSE-listed juniors
Western markets had little to cheer about over the Sept. 16-22 report period as junior resource stocks continued to hold little interest for investors. The Vancouver Stock Exchange composite index sli…