Montreal-based SNC-Lavalin, in a joint venture with Engineering Management Services (EMS) of South Africa, will manage the engineering, procurement and construction of the US$1.3-billion Mozal aluminu…
The bulk sampling of two diamond-bearing kimberlite pipes in the vicinity of the Ekati mine site development area has returned preliminary grades and valuations comparable to the five pipes slated to …
Environmentalists opposed to changing the boundary of the proposed Tuktut Nogait park in the Northwest Territories are waging a propaganda war against native Canadians. In doing so, they are snatching…
According to an instruction by Azerbaijani President Heydar Aliyev printed in the local press, metallurgical enterprises belonging to the Metallurgiya holding company are to be privatized.The enterpri…
Now that its merger with Amax Gold is complete, Kinross Gold (K-T) is the fifth-largest gold producer in North America.Pursuant to the transaction, Kinross released from escrow 38.1 million subscripti…
1998June 2June 1May 29May 28May 27HighLowComposit…
Gold Funds as of May 28, 1998BGRCentralNet Value$15.07$5.84Price$11.75$5.
Expansion of the Jilau gold mine in northwestern Tajikistan enabled Nelson Gold (NLG-T) to ring up $214,000 in profits (or 3 cents per share) in the first quarter, compared with $387,000 (5 cents per …
Mining analyst Roger Chaplin of T. Hoare & Co. describes the 1997 results of Royal Oak Mines (RYO-T) as “disastrous” and sees little upside for the beleagured gold producer.Chaplin is not encouraged t…
Recent issues of the Ontario Securities Commission’s OSC Bulletin show insiders of Asia Pacific Resources (APQ-T) were actively buying and selling its shares in March and April.Crew Holdings, holder o…
Wednesday June 3, 1998Price (US)Week’s ChangeGold*$293.35+ $0.75Silver*$ 5.19…
Graeme Currie, mining analyst for Canaccord Capital, has issued a “speculative buy” recommendation for Sutton Resources (STT-V) based on the growing resource at the company’s Bulyanhulu gold deposit i…
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