COMMENTARY –A new approach to land use
Several jurisdictions across the country are engaged in consultations designed to develop plans for the future use of Crown land. Much of the struggle hinges on finding a balance between two apparent …
News
SUPPLIERS NEWS ROUNDUP — Knelson expands in BC
Knelson Concentrators has constructed an additional development laboratory in Langley, B.C.The Knelson Research and Testing Centre will test gravity recovery rates for local and international explorat…
McClean Lake approved
The Atomic Energy Control Board (AECB) has approved construction of the tailings storage plant at the McClean Lake uranium project in northern Saskatchewan.McClean Lake, which has a minable reserve of…
Correction (August 24, 1998)
In our Aug. 17-23 issue, we stated that 47,300 oz. gold was produced from the Canadian mines of River Gold Mines (RIV-T) in the first half of 1998 at a cash cost of US$296 per oz. The correct cash cos…
Atlas, Arizuma plan merger
Juniors Atlas Mining Company (ALSM-N) and Arizuma Silver (ARZS-C) have signed an agreement-in-principle to merge.Under the proposed plan, Atlas shareholders would hold 51% of the voting shares of the …
FACTS ‘N’ FIGURES — IMF to hang on to gold
Although gold no longer has an official role to play in the international monetary system, it continues to serve an important function by underpinning the financial strength of the International Monet…
NEWS ROUNDUP — Indochina reports discovery
Vancouver-based Indochina Goldfields (ING-T) has discovered polymetallic mineralization at its Sekatak project in northeastern Kalimantan, Indonesia.The “potentially significant” discovery consists of…
Companies (August 24, 1998)
Aber ResAmblin ResourcesAnglogoldAquiline ResArgosy MiningArizuma SilverArmada GoldAtlas MiningAur ResourcesAurcanaAuspex MineralsB.Y.G. Natrl ResBarrick GoldBattle Mtn GldBolidenCaledonia MgCambiorC…
MINING MARKET & INVESTMENT NEWS — EASTERN MARKETS — Eastern markets rebound from previous week’s slump
The markets enjoyed a rebound during the Aug. 12-18 report period, with the Toronto Stock Exchange 300 composite index regaining more than half of the previous week’s losses, climbing 3.2% to 6,517.68…
Nevsun expands gold deposit in Mali
Nevsun Resources (NSU-T) has boosted its resource estimate by 29% at the Tabakoto gold project in western Mali.The estimate is based on 250 diamond drill holes and 382 reverse-circulation holes. A cut…
Revenue, profits down for royalty sisters
The money kept rolling in for both Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) during the last fiscal quarter, though the low gold price did take a bite out of both companies’ bottom lin…
Colorado junior to focus on Alaskan prospects
A little-known private company has signed an exclusive option agreement with Doyon Limited, an Alaskan native corporation, for a 25-property package totalling more than 7 million acres in the state’s …