Akrokeri-Ashanti acquires Goldenrae
Toronto-based junior gold producer Akrokeri-Ashanti Gold Mines (AAGM-C) is significantly expanding its presence in Ghana with the acquisition of the private Ghanaian company Goldenrae Mining.For 85% o…
Articles by Northern Miner Staff
Atna cries foul over proposed Yukon deal
BBy Michael AttenboroughIn a deal that could affect the development of the Wolverine massive sulphide deposit in the Yukon, Boliden (BOL-T) subsidiary Boliden Westmin has signed an agreement to deal i…
Hungry Hill sulphides encourage Celtic, Jilbey
A compilation report on results from the Hungry Hill base metal prospect in Newfoundland’s Central mineral belt concludes that the prospect may represent the fringe of a volcanogenic massive sulphide …
MINING MARKETS & INVESTMENT NEWS — Canaccord sees strong year for Placer Dome
Larry Strauss of Canaccord Capital expects that Placer Dome (PDG-T) will have a strong 1998. Accordingly, the mining analyst is continuing to rate the company a buy.Strauss notes that the major plans …
GREATEST VALUE TRADED, May 20-26
ExchgVal($000s)HighLowCloseChangeBarrick GoldT116…
SPOT PRICES (June 01, 1998)
Wednesday, May 27, 1998Price (US)Week’s ChangeGold*$292.60- $5.50Silver*$ 5.09…
METAL PRICES — Daily Metal Prices (June 01, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMay 26May 25May 22May 21May 20…
LME WAREHOUSE LEVELS (June 01, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 22/98 (change from May 18 in brackets):MetalStocks(tonnes)Change…
NEWS IN BRIEF (June 01, 1998)
Big I Developments (BID-V) has changed its name to Nustar Resources (NTR-V) on a 1-new-for-5-old-share basis.
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — St. Jude drilling excites Vancouver market
The Vancouver Stock Exchange composite index continued its downward trend, losing 11.36 points, or 1.8%, to end the May 20-26 report period at 603.21.The mining index also lost ground, slipping 7.44 p…
TSE SHORT POSITIONS (June 01, 1998)
Short positions outstanding at May 15, 1998Larger individual positions included:Agnico-Eagle Mines 71,450, down 299,505; Barrick Gold 14,349,342, up 726,130; Campbell Resources 2,488,739, up 382,109; …
TSE INDICES (June 01, 1998)
1998May 26May 25May 22May 21May 20HighLowComposit…