Imperial, Sumitomo consider closing Mt. Polley
Low metal prices are forcing Imperial Metals (IMP-T) and Japanese partner Sumitomo to consider temporarily suspending operations at the Mt. Polley copper-gold mine at the end of July.Built for $115 mi…
News
STOCK MARKET — TSE continues to break records, while gold has its day — Juniors feed off higher prices for the yellow metal
The Toronto Stock Exchange 300 index broke another record, ending the report period of April 1-7 at 7579.70, for a gain of 28.56 points, or 0.4%, over the previous period.The market was stimulated par…
GSN plans Nevada symposium
The Geological Society of Nevada (GSN) will host a symposium in Reno-Sparks, Nev., on May 15-18, 2000.Topics scheduled for discussion include: the geology of Nevada in the context of the Great Basin a…
Prefeasibility set for Separation Rapids
Encouraged by market projections and recent drill results, Avalon Ventures (AVL-V) plans to obtain a prefeasibility study on its Separation Rapids property, 60 km north of Kenora, Ont.A program of inf…
EDITORIAL — Consider independent legal opinions — Legal minefields
Stock exchanges and securities regulators ask exploration companies to submit independent geological reports at certain junctures, which begs the question: should an independent legal opinion be requi…
TSE INDICES (April 13, 1998)
1998Apr. 7Apr. 6Apr. 3Apr. 2Apr. 1HighLowComposit…
Writedowns lead to loss for Golden Star
Writedowns of the carrying value of many of its properties have forced Golden Star Resources (GSC-T) to post a fourth-quarter loss.In all, Golden Star took charges totalling US$22.4 million against it…
PEOPLE — ECHO BAY (April 13, 1998)
Jerry McCrank appointed vp operations
PEOPLE — DONNER (April 13, 1998)
Rex Gibbons elected director.
PEOPLE — DIAMOND FIELDS (April 13, 1998)
Trevor S. Schultz appointed CEO. Kevin A. Dardis elected director.
Greatest Value Traded, April 1-7
ExchgVal($000s)HighLowCloseChangeBarrick GoldT481…
PEOPLE — AMERICA MINERAL FIELDS (April 13, 1998)
Mark Collins appointed vp exploration. Paul MacNeill appointed director.