Index (July 06, 1998)
CareersClassifiedCommentaryDiamond PageDrillersEditorialFacts’n’FiguresInvestment CommentaryLetters to the EditorMarket PlaceMetal PricesMining Markets and Investment NewsProfessional DirectoryQuerySt…
News
Friedland gets green light to pursue counterclaim
The U.S. Environmental Protection Agency (EPA), already under fire for having bungled the remediation of the ill-fated Summitville gold mine in Colorado, has been ordered to face a Canadian court for …
Armenian mine gets nod
Determined to rise above the depressed gold market, First Dynasty Mines (FDM-T) has convinced the Armenian government to give its blessing to redevelopment of the former-producing Zod and Meghradzor m…
Minroc eyes magnesium potential at Cassiar
Junior Minroc Mines (MN-T) is attempting to gain a foothold in the magnesium industry through its producing Cassiar asbestos tailings project in northern British Columbia.The company, formerly known a…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Analyst sees buying opportunity in Canabrava’s share decline
John Hainey, mining analyst for Yorkton Securities, was among the first to understand the significance of the diamond discoveries in the Lac de Gras region of Canada’s Northwest Territories. These day…
GREATEST VALUE TRADED, June 23-29
ExchgVal($000s)HighLowCloseChangeBarrick GoldT151…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Marshall Minerals soars on deal for deposit in Tajikistan
The Toronto Stock Exchange had a broad trading range during the June 24-29 report period, with the TSE 300 composite index rising 3.3% to 7,409.38 points. The metals and minerals sub-index gained 2%, …
TSE INDICES (July 06, 1998)
1998June 30June 29June 26June 25June 24HighLowCom…
PRODUCER & DEALER PRICES (July 06, 1998)
Aluminium: LME settlements US$1,285, alloy US$1,216 per tonne (June 30/98).Antimony: Representative mid-market US$1,350 per tonne (June 30/98).Bismuth: Representative mid-market US$3.60 per lb. (June …
BASE METALS — Insular explores for Sierra Madre gold
An exploration program has kicked into gear at the El Diamante project in Mexico’s Sierra Madre gold belt.Insular Explorations (ISX-V), which is acquiring a 70% working interest in the gold-silver pro…
DIAMOND PAGE — Snap Lake diamonds yield high valuations
Diamonds recovered from the NW Snap Lake dyke on the Camsell Lake property have yielded the highest carat values ever reported in the Northwest Territories.Three independent valuations were carried ou…
Juniors settle differences with South African majors
Ending months of litigation, America Mineral Fields (AMZ-T) has formed a new company with South African mining house Anglo American (ANGLY-Q) to pursue jointly the giant Kolwezi tailings project in th…