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…
News
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 …
LETTER TO THE EDITOR — Resource reporting should be clarified from the top
This is the time of year when executives and boards present their annual reports to shareholders. This year’s reports will be the first drafted since the Bre-X Minerals bubble burst.How will companies…
Cobre advised to reject Phelps Dodge
Financial advisors to Cobre Mining have recommended that the takeover bid by Phelps Dodge (PD-N) be rejected.A special committee of Cobre board members has rejected the bid on the financial advice of …
NEWS IN BRIEF (January 12, 1998)
Network Telemetrics (NTM-V) has changed its name to Belvedere Resources (BEL-V).
KWG and St. Gen resume trading
The shares of disgraced companies St. Genevive Resources (SGY-T) and affiliate KWG Resources (KWG-T) are now trading as penny stocks after their move onto the Canadian Dealing Network, using the symbo…