PEOPLE — Homestake Canada
Walter Segsworth appointed president and CEO.
Articles by Northern Miner Staff
PEOPLE – Gabriel (May 04, 1998)
Peter Guest appointed president, COO and director.
PEOPLE — Cons. Nevada Goldfields
Michael Kolin appointed COO.
GOLD FUNDS (May 04, 1998)
Gold Funds as of April 23, 1998BGRCentralNet Value$16.67$6.54Price$13.60$…
FACTS ‘N’ FIGURES — Indian silver demand not down
Over the past eight months, the silver market has been awash with rumors that Indian silver demand has declined sharply in the face of higher prices.According to CPM Group’s recently released white pa…
Scintrex urges rejection of takeover bid
In an attempt to keep shareholders on side and thwart a hostile takeover bid, exploration instrument firm Scintrex has increased the value of its shares above a proposed buyout price by tacking on a s…
MINING MARKETS AND INVESTMENT NEWS — Analysts watch Abacus in Argentina
Russ Cranswick, analyst with Research Capital, is keeping a close eye on the activities of Abacus Minerals (AMC-V) at La Manchuria, a gold-silver property in Argentina’s Santa Cruz province.The curren…
MOST ACTIVE ISSUES, April 22-25
ExchgVol(000’s)Close.ZSBarrick GoldT931632.70Placer DomeT…
GREATEST VALUE TRADED, April 22-25
ExchgVol(000’s)HighLowCloseChangeBarrick GoldT310…
SPOT PRICES (May 04, 1998)
Wednesday, April 29, 1998 Price (US)Week’s ChangeGold*$307.55- $3.65Silver*$ 6.11…
Earnings improve for Battle Mountain
Despite a downturn in the price of gold, Battle Mountain Gold (BMG-N) cut its losses considerably in the first quarter on the strength of lower operating costs.The company reported a net loss of US$3….
PRODUCER AND DEALER PRICES (May 04, 1998)
Aluminium: LME settlements US$1,449, alloy US$1,305 per tonne (Apr. 28/98).Antimony: Representative mid-market US$1,550 per tonne (Apr. 28/98).Bismuth: Representative mid-market US$4.00 per lb. (Apr. …