COMMENTARY — Gold little understood
Almost everything we hear or read about gold’s downward price trend these days points to its failure to react to perceived political crises and ongoing sales of gold by some central banks. The unmista…
Articles by Northern Miner Staff
STOCK MARKET — Toronto markets take a welcome breather — Base metals hold their own but
golds tank — againThe Toronto Stock Exchange was fractionally lower over the trading period Nov. 12-18, with the TSE 300 composite index sliding 34.29 points, or 0.5% of value, to 6,752.23.The narrow…
PEOPLE — EL MISTI (November 24, 1997)
Robin Slaughter appointed president and CEO. John Huguet, John MacLean, Andrew Robertson, Robin Slaughter, Peter Slaughter and Raymond Soper elected directors.
PEOPLE — BLUE RIBBON (November 24, 1997)
Douglas Williamson appointed president and CEO.
PEOPLE – AGARWAL
Leon Frank Anderson appointed president and director.
DIAMOND PAGE — Spider hits lamproitic rocks near diamond find St. Genevieve Group stablemates Spider Resources (SPQ-A) and KWG Resources (kwg-t) have begun drilling for diamonds in south-central Brazil.
The first drill hole Spider drilled in the Contendas structure on KWG’s Paraniaba project hit 29 metres of what Spider has interpreted to be epiclastic crater-facies sediments in a large lamproitic cr…
DIAMOND PAGE — Klipdam boosts profit for Sonora
Toronto-based Sonora Diamond (SON-T) saw losses turn to profits this past quarter, as the Klipdam mine ramped up to full production levels.The quarter ended Sept. 30 was the first in which Klipdam, wh…
GOLD FUNDS (November 24, 1997)
Gold Funds as of November 13, 1997 BGRCentralNet Value$16.20$5.73Price$11.95…
GREATEST VALUE TARDED, Nov. 12-18
ExchgValue(000’s)HighLowCloseChange.ZSBarrick GoldT…
MOST ACTIVE ISSUES, Nov. 12-18
ExchgVol(000’s)Close.ZSCobre MngT115845.10Noranda IncT…
TSE Short Positions (November 24, 1997)
Short positions outstanding at October 31, 1997Larger individual positions include: Advanced Material Resources 1,000, down 102,200; Barrick Gold 11,342,879, up 422,432; Bema Gold 261,836, down 4,433,…
LME WAREHOUSE LEVELS (November 24, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov.17/97 (change from previous week in brackets):MetalStock(tonnes)Change…