Meetings (December 21, 1998)
Dec. 22, BarrierDec. 22, Cons. RamblerDec. 22, First MaritimeDec. 22, Key AnaconDec. 22, Northern CanadaDec. 22, RIS Res.Dec. 22, SheffieldDec. 23, ArkonaDec. 23, AuriginorDec. 23, Int’l All NorthDec….
1998
INSIDER TRADING — Royal insiders buy shares
Recent filings with the U.S. Securities and Exchange Commission show that four executives of Royal Gold (RGLD-Q) picked up shares in September and October.Odin Howell, director, exercised 2,500 option…
CORRECTION (December 21, 1998)
In our Nov. 30 issue, we incorrectly stated that startup of the Diavik diamond project in the Northwest Territories was set for the second quarter of 2001. Startup is scheduled for the second quarter …
Index (December 21, 1998)
Jan. 20 Canadian Mining Hall of Fame — “11th Annual Induction Banquet.” Royal York Hotel, Toronto. Contact Christine Giovis. Tel: (416) 510-6843. Fax: (416) 442-2181.Jan. 20-21 McGill University (Dep…
Hammerdown deal amended — Battle Mountain relinquishes back-end rights for shares
Battle Mountain Gold (BMG-N) is relinquishing its back-in right to the Hammerdown gold project in western Newfoundland in exchange for 50,000 shares of owner Major General Resources (MGJ-V).The amendm…
LETTERS TO THE EDITOR — Faulty software raises red flags for miners — Engineers should be involved in design process
I must commend Brian Hester for highlighting problems he has encountered using packaged software in geophysics (“Software can affect geostats,” T.N.M., Dec. 7-13/98).As a member of the Council of Prof…
DIAMOND PAGE — Ashton finds more kimberlites in Alberta
A program of early winter drilling is proving auspicious for Ashton Mining of Canada (ACA-T), which has uncovered two more kimberlites in the Buffalo Hills region of north-central Alberta.The first of…
METAL PRICES (December 21, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateDec. 15Dec. 14Dec. 11Dec. 10…
Russia struggles with mine funding proposals
Proposals to restructure government financing deals for Russian gold producers in 1999 are meeting with resistance from other state agencies and miners themselves.Gokhran, a branch of the ministry of …
EDITORIAL & OPINION — Tailings management critical for miners — Being prepared
Each time a mainstream journalist rounds up the usual suspects and prepares a report on mining practices worldwide, tailings dam failures are invariably stressed. Even though the articles generally sh…
Another setback for Inuvialuit
The Canadian Senate has voted 40 to 35 against any further consideration of efforts by an aboriginal group to amend the boundaries of a proposed park covering ground believed to be prospective for nic…
Pacific Rim boosts resource
The size of the Oculto silver-gold deposit in northwestern Argentina has expanded, reports Pacific Rim Mining (PFG-T).Reno, Nev.-based Mine Development Associates estimates that the deposit contains a…