Key recommendations of the task force
* A “Qualified Person” must sign off on all corporate disclosures by mineral exploration companies.The report defines “Qualified Person” (QP) as a licenced professional, regulated by a professional bo…
News
EDITORIAL — Rebuilding investor confidence no easy task — Why re-invent the wheel?
The past few weeks were eventful ones for the Canadian mining industry.David Walsh, the disgraced founder of Bre-X Minerals, died in a Caribbean hospital of a brain aneurism and related stroke. The Mi…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — European analysts monitor Aussie upstarts
These are tough times for the nickel business, and some analysts contend that a crisis is looming in the years ahead as a new crop of nickel projects comes on stream, including some high-profile Austr…
GOLD FUNDS (June 15, 1998)
Gold Funds as of June 4, 1998BGRCentralNet Value$14.90$5.82Price$10.70$5.
Cimarron plans drilling at VMS target
Cimarron Minerals (CIU-V) has begun field work in preparation for core drilling at the Schell Ranch volcanogenic massive sulphide property in central California.The company expects to kick off a 4,000…
BOOK REVIEW — Book catalogues Canada’s mining heritage — Untold Wealth: Canada’s Mineral Heritage
Gold Fever Publishing — Seven Whaling Rd., Darien, CT., 06820Since John Cabot’s arrival in 1497, Canada has built a reputation as one of the world’s largest and richest repositories of mineral deposi…
NEVADA AND THE WESTERN STATES — Junior covers both ends of Carlin trend
Having secured funding from its partners, White Knight Resources (WKR-V) is exploring for gold at both ends of Nevada’s Carlin trend.The Vancouver-based company currently has two drilling programs at …
NEVADA AND THE WESTERN STATES — Echo Bay focuses exploration around existing operations
A leaner, trimmer Echo Bay Mines (ECO-X) has shaken itself off after a troubled year and set to work exploring its numerous North American mineral properties.The past year was marked by dramatic staff…
Mine profits down in BC
Despite increased production and shipments, British Columbia’s mining industry posted a 26% decline in profits in 1997, according to a report by Price Waterhouse.Mining Industry in British Columbia 19…
NEVADA AND THE WESTERN STATES — Drilling progresses for AMT
AMT International Mining (AAI-T) is looking to expand known copper reserves at the Copper Creek property in southern Arizona.Copper Creek is a 50-50 joint venture with BHP Copper, a unit of Broken Hil…
NEVADA AND THE WESTERN STATES — Oro Nevada plans drilling at DeWitt
As soon as permits are in hand, Oro Nevada Resources (ONV-A) plans to commence drilling at its DeWitt gold project in the Battle Mountain trend of central Nevada.The company expects the Nevada Bureau …
Uranium miners to meet in Toronto
All aspects of uranium mining and nuclear power will be discussed at the 1998 World Uranium Mining Congress, set for June 22-23 at Toronto’s Delta Chelsea Inn.The event is being organized by AIC World…