NAME CHANGE (July 05, 1999)
Athlone Resources (AT-V) has changed its name to Athlone Minerals (ATH-V) on a 1-new-for-1-old-share basis.
News
Partners hit sulphides at Duck Pond
The first two infill holes drilled at the Duck Pond base metal project, southeast of Buchans, Nfld., have intersected sulphide mineralization over substantial widths.The drilling program, mounted by j…
PEOPLE — Bice Ventures (July 05, 1999)
Stanislaw Lis, Iwona Kozak and Krysztof Pawinski appointed directors.
GOLD FUNDS MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Rising metal prices spur rally in mining stocks
Gold Funds as of June 25, 1999BGRCentralNet Value$12.905.41Price$8.90$5.400Discount31.01%0.2%Value$95,096,000$103,211,658.ZE.N7Both gold and base metal stocks posted strong gains during the …
DiamondWorks pads coffers
DiamondWorks (DMW-T) has raised $6.4 million to develop its various properties throughout the world.The private placement consisted of 28 million units priced at 23 cents each. A unit comprises one sh…
Searchgold nabs Bakoudou
Searchgold Resources (RSG-M) is poised to acquire control of the Bakoudou project in southeastern Gabon. The property is currently held by Golden Gram Resources (RAMG-C).The two companies have explore…
Noranda adds to Caber stake
Noranda (NOR-T) has subscribed for another $400,000 worth of Southern Africa Minerals (SAF-T).The private placement, involving 290,900 shares priced at $1.38 each, is part of an option agreement in wh…
EDITORIAL & OPINION — COMMENTARY — Who killed the golden goose?
Whenever logic falls short of explaining actions or facts in the popular mind, conspiracy theories tend to surface. We saw this in the aftermath of president Kennedy’s assassination, and we’re seeing …
Royalty sisters to merge — Open wallet for bargain-hunting spree
The proposed merger of Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) will create the fifth-largest gold company in the world, with sufficient resources “to do large transactions” in the co…
PRODUCER & DEALER PRICES (July 05, 1999)
Antimony: Mid-mkt US$1,270/t.Bismuth: Mid-mkt US$3.65/lb.Cadmium: Mid-mkt US$0.22/lb.Chromium: Recent trades US$60.00-90.00/t.Cobalt: Recent trades US$21.50-23.25/lb.Copper: Comex July US$0.664/lb.Ind…
METAL PRICES (July 05, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJune 29June 28June 25June 24…
GREATEST VALUE TRADED, June 23-28
ExchgVal($000s)HighLowCloseChangeAlcoa*N380986…