Partners boost Glimmer reserves
Minable reserves at the Glimmer gold mine, near Matheson, Ont., have increased by one-third over previous estimates.Majority owner and operator Exall Resources (EXL-T) now pegs the mine’s reserves at …
News
Mining boon to Saskatchewan
Saskatchewan’s economy will continue to grow in 1998, thanks largely to its energy and mining sectors, according to Scotiabank’s latest economic report.”The increasing diversification away from agricu…
Venetia a mine of its time
The processing plant at the Venetia mine, west of Messina, South AfricaEvery mine is a creature of its age, a reflection of the kind of thinking that marks the time during which it was planned. In Sou…
MOST ACTIVE ISSUES, April 1-7
ExchgVol(000s)CloseBarrick GoldT1515232.00Kinross GldT…
Cameco’s Cigar Lake passes regulatory hurdle
Slowly but surely, the Cigar Lake uranium project continues to inch its way toward a production decision.The high-grade mine, situated in northern Saskatchewan, is operated by Cigar Lake Mining, a joi…
GOLD FUNDS (April 13, 1998)
Gold Funds as of April 2, 1998BGRCentralNet Value$15.67$6.41Price$12.00$6…
Meetings (April 13, 1998)
Apr. 14, Denison MinesApr. 14, DiazApr. 14, Emerging Africa GoldApr. 14, KWGApr. 14, St GenevieveApr. 14, Sawtooth Int’lApr. 14, Sun Devil GoldApr. 15, Classic GoldApr. 15, Falcon PointApr. 15, Minco …
Mining associations to converge on Montreal for joint conference
Four associations are joining forces to stage a major mining show in Montreal next month.Montreal ’98, a conference of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), the Council of …
Aurizon suffers loss despite record gold production — Closing date extended on Casa Berardi
A drop in both head grade and realized gold prices pushed Aurizon Mines (ARZ-T) into the red for fiscal 1997, despite the company’s record gold production of 39,668 oz.For the year ended Dec. 31, 1997…
NEWS IN BRIEF (April 13, 1998)
Reward Mining (REW-V) has changed its name to Riverdance Resources (RVD-V).
TSE Short Positions (April 13, 1998)
Short positions outstanding at March 31, 1998Larger individual positions include:Abitibi-Consolidated 737,173, down 1,036,079; Barrick Gold 14,765,318, up 565,339; Battle Mountain Canada 2,446,763, up…
SPOT PRICES (April 13, 1998)
Wednesday, April 8, 1998Price (US)Week’s ChangeGold*$309.75+ $8.15Silver*$ 6.46…