Sampling planned for ATW property
A prominent indicator mineral anomaly is the focus of new work being done on the ATW Mackay Lake diamond property in the Lac de Gras region of the Northwest Territories.Kennecott Canada, a division of…
News
Eastmain acquires BHP’s prospects
Eastmain Resources (ER-T) is acquiring BHP Minerals International’s interests in a portfolio of gold and base metal exploration projects in Eastern Canada.In return, BHP will receive a 3% net smelter …
STOCK MARKETS — Western markets slip as composite, mining lose footing — Few juniors able to weather foul investor mood
The Vancouver Stock Exchange composite index dropped 38.16 points, or 6.2%, to close at 579.20 over the report period ended Jan. 13. The mining index also took a beating, falling 40.29 points, or 7.9%…
Phelps Dodge makes nickel-cobalt discovery in Madagascar
In its first foray into the nickel business, Phelps Dodge (PD-N) has discovered a potentially significant nickel laterite deposit in central Madagascar.Over the last two years, the Phoenix-based coppe…
PRODUCER AND DEALER PRICES (January 19, 1998)
Aluminium: LME settlements US$1,459.50, alloy US$1,315 per tonne (Jan.13/98).Antimony: Representative mid-market US$1,685 per tonne (Jan. 13/98).Bismuth: Representative mid-market US$3.25 per lb. (Jan…
Potash Corp. adds Potacan to holdings
The Potash Corporation of Saskatchewan (POT-T) has signed a letter of intent to purchase all the outstanding shares of potash producer Potash Company of Canada (Potacan) from equal partners Kali und S…
Cordilleran Roundup set for B.C.
A conference focusing on all aspects of Canadian and international exploration will be held from Jan. 27-30 at various sites throughout Vancouver, B.C.Entitled “Pathways’98: Cordilleran Roundup and Ex…
Meetings (January 12, 1998)
Jan. 12, El-BonanzaJan. 12, Int’l StarJan. 12, Rembrandt GoldJan. 13, Latitude MineralsJan. 13, Oro BlancoJan. 13, ParkcrestJan. 13, PinewoodJan. 14, ArmisticeJan. 15, Bravo GoldJan. 15, Fort Knox Gol…
AMF sues Anglo over Kolwezi tailings project
America Mineral Fields (AMZ-T) has filed suit against giant South African mining house Anglo American after the Democratic Republic of Congo’s state mining agency, Generale des Carrieres et des Mines,…
DIAMOND PAGE — Asian economic woes hurt CSO diamond sales
De Beers Consolidated Mines (DBRS-Q) earned US$4.64 billion in 1997 from sales of rough diamonds, compared with a record US$4.83 billion in the previous year.De Beers sells its diamonds, and other com…
PEOPLE – CALLIOPE (January 12, 1998)
Graeme Walker appointed vp and CFO.
CORRECTION (January 12, 1998)
CanAlaska Resources (ICA-V) will purchase 10 claims (125 units) in Michie Twp., near Timmins, Ont. from Royal Oak Mines (RYO-T) in return for $125,000 by Jan. 15, 1998. Royal Oak will retain a 2% net …