Dear President Clinton,South Africa has inaugurated its second democratically elected president, Thabo Mbeki. Among the challenges he faces is the terrible shock tohis country’s economy caused by the …
The Dow Jones industrial average posted a new high of 11,175.02 for the July 7-13 report period, with a modest climb of 39.9 points, or 0.4%.Gold companies edged downward as the price slumped to new l…
Nord Resources (NRD-N) is selling its half-interest in Sierra Rutile, the now-dormant heavy mineral sands operation in Sierra Leone.The asset will be acquired by MIL Investments, Nord’s largest shareh…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at July 13/99 (change from July 6 in brackets):MetalTonnes(tonnes)Change…
Aber ResourcesAfrioreAlta GoldArabian Shield DevelopmentArchon MineralsAsarcoAshanti GoldfieldsAtna ResourcesBanro ResourceBarrick GoldBattle Mountain GoldBHP DiamondsBolidenBroken Hill ProprietaryCam…
July 12 AppalachesJuly 12 AubetJuly 12 CliftonJuly 12 Molycor GoldJuly 12 VerdstoneJuly 12 Western TroyJuly 12 Windy MountainJuly 13 CristobalJuly 13 SerengetiJuly 14 BattlefieldJuly 14 MirandorJuly 1…
Two Japanese companies have taken an interest in the Canatuan polymetallic project of TVI Pacific (TVI-T).Situated on the Philippine island of Mindanao, the property hosts oxide resources of 935,500 t…
In 1998, an estimated $236 million was budgeted for worldwide zinc exploration, a 13% decline from the year before. Although exploration budgets are being cut significantly again this year, the relati…
The total in situ “global tonnage” resource for the NW Snap Lake kimberlite dyke is estimated at 23.4 million tonnes, with an average vertical thickness of 2.44 metres.Snap Lake is part of the Camsell…
1999Jul. 6Jul. 5Jul. 2Jul. 1Jun. 30Hi.TghLowCompo…
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJuly 6July 5July 2July 1…
Banro Resource (BNRS-C) reports that two employees from its Congolese subsidiary and two attorneys from Banro’s legal advisor, Mitchell and Associates, were charged with “high treason” in the Democrat…
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