METAL PRICES (November 30, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateNov. 24Nov. 23Nov. 20Nov. 19…
Articles by Northern Miner Staff
EXPLORATION — American gold producers investing less at home: survey
In 1997, for the first time in three years, worldwide exploration expenditures of U.S. gold producers decreased, down 9% to US$582 million, according to a survey conducted by the Washington, D.C.-base…
EXPLORATION – Canabrava, Paramount continue diamond search
The downturn in resource markets has prompted Teck (TEK-T) to withdraw from its diamond joint venture with Canabrava Diamond (CNB-V).Having regained 100% of the Brazilian project, Canabrava is reviewi…
EXPLORATION – Marchmont moves into Eritrea
Calgary-based Marchmont Gold (MHM-A) has signed a letter-of-intent to purchase, in exchange for shares, a private company that has a majority stake in four gold properties in Eritrea The contract woul…
Companies (November 30, 1998)
C SECTIONAltius MineralsAnglo AmericanArca ExplorationsArgentina GoldAurizon MinesAvalon VenturesBarrick GoldBattle Mountain CanadaBattle Mountain GoldBillitonBoreal ExplorationBuchans Rive…
Argentina Gold hits best grades yet
The latest batch of highly anticipated drill results from Argentina Gold’s (ARP-V) Amable target are highlighted by impressive values in hole 90.The target is part of the Veladero project in the north…
TSE INDICES (November 30, 1998)
1998Nov. 24Nov. 23Nov. 20Nov. 19Nov. 18HighLowCom…
MINING MARKET & INVESTMENT NEWS – Osisko lists, McWatters plans buyback
Osisko Exploration has been called for trading on the Montreal Exchange under the symbol OSK.A preliminary prospectus for a flow-through financing worth $1.6 million has yet to be approved by the exch…
THE NORTHERN MINER (November 30, 1998)
SMALL PRODUCERS INDEX95.54 (-4.59)…
LME WHSE LEVELS (November 30, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov. 24/98 (change from Nov. 17 in brackets):MetalStocks (tonnes)Change…
GOLD FUNDS (November 30, 1998)
Gold Funds as of November 19, 1998BGRCentralNet Value$14.516.09Price$10.00…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Dow Jones breaks through 9,000 ceiling
Spurred by the third cut to interest rates this year, the Dow Jones industrial average surged during the Nov. 18-24 report period to an all-time high of 9,301.15 points. The average peaked at 9,374.27…