GREATEST VALUE TRADED (March 23, 1998)
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News
Venezuelan congressman challenges Crystallex — Congressional committee offers papers to OSC
Calling the court actions launched by Crystallex International (KRY-T) “judicial privateering,” a Venezuelan congressman told an investment conference here that the company’s claims to legal title to …
Etruscan, Placer Dome hit more gold mineralization at Samira
Results from seven deep holes drilled at the Samira gold project in southwestern Niger have enabled partners Etruscan Resources (EET-T) and Placer Dome (PDG-T) to confirm the deposit’s continuity at d…
Arcon takes shine to Princess
By signing a letter of intent, Princess Resources (PRL-V) has enabled Dublin-based Arcon International Resources to gain a toehold entry into its exploration projects in China and Africa.Arcon will su…
Tyranex seeks gold in Montana
Toronto-based Tyranex Gold (TXGI-C) intends to raise $10 million so that it can buy the Mineral Hill gold mine in Montana from TVX Gold (TVX-T).The deposit contains a drill-indicated minable reserve o…
METAL PRICES — Daily Metal Prices (March 23, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMar. 17Mar. 16Mar. 13Mar. 12Mar…
DIAMOND PAGE — De Beers samples TNK property
Initial sample testing by the Botswanan prospecting arm of De Beers Consolidated Mines (DBRS-Q) has turned up macrodiamonds in three of four kimberlite pipes discovered in 1997 by TNK Resources (TNKR-…
Iamgold, Anglo bring Niamboulama to feasibility
Having completed their due-diligence review, equal partners Iamgold (IMG-T) and Anglo American are proceeding with a feasibility study of the Niamboulama gold deposit on the Yatela concession in weste…
Convention expands despite industry slump — PDAC honors Rebagliati and Keevil at awards ceremony
While the delegates at the 66th annual Prospectors and Developers Association of Canada (PDAC) convention walked with less of a swagger and spoke with less bravado than in 1997, they nonetheless showe…
Antamina gets green light — But Inmet incapable of financing its full 50% interest
Partners Rio Algom (ROM-T) and Inmet Mining (IMN-T) have completed a positive feasibility study of the huge Antamina copper-zinc project in Peru.The fast-tracked study, compiled by Bechtel Internation…
Yorbeau explores in Casa Berardi
Montreal-based junior Yorbeau Resources (YRB.A-T) is poised to begin drilling on one of its three properties in the Casa Berardi area of northern Quebec.The 1,000 to 1,500-metre program in Beschefer T…
Phelps Dodge doubles size of Piedras Verdes deposit
Drilling has enabled Phelps Dodge (PD-N) to boost the copper resource at the Piedras Verdes project in Mexico’s Sonora state.The Phoenix, Ariz.-based producer, which holds a 70% stake in the project, …