Article Abstract:
The mining major RGC announced in Nov 1998 it will expand its Queensland copper operations. RGC for months had made it clear its non-mineral sands assets are for sale as it tried to merge with rival mineral-sands miner, Westeralian Sands. RGC's shares dropped from its high of $4.35 to a low of $1.35 earlier in 1998 but has bounced back to $2.35. At that price, the company carries a market capitalization of $493 mil, which is short of its forecasted $1.3 bil.
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Article Abstract:
Well prospects of Norwest Energy, Pancontinental Oil, and Lakes Oil are discussed. Consolidated Broken Hill hopes to acquire mining assets of Pasminco. AGD Mining has closed its non-renounceable one-for-four share issue.
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Article Abstract:
Issues are presented concerning the successful working of the copper deposit in Laos purchased by Oxiana Resources from Rio Tinto. The quality and volume of the copper found at the site are discussed.
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