TSE INDICES (May 10, 1999)
1999May 4May 3Apr. 30Apr. 29Apr. 28HighLowComposi…
News
Aquest arranges financing
Junior Aquest Minerals (AQU-V) is seeking to raise $1.2 million through a non-brokered private placement of 2 million units priced at 60 cents per unit.A unit consists of one share plus a half-share p…
Placer tables strong first-quarter earnings
By reducing costs and increasing production, Placer Dome (PDG-T) continues to perform strongly, as evidenced by results from the first quarter.The company earned US$25 million (or 10 cents per share) …
Wheaton River develops Bellavista
With a positive feasibility study in hand, Wheaton River Minerals (WRM-T) is seeking funds to develop its Bellavista open-pit heap-leach gold project in Costa Rica.Unnamed financial institutions have …
LME WHSE LEVELS (May 10, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 4/99 (change from April 27 in brackets):MetalStocks(tonnes)Change…
GREATEST VALUE TRADED, April 28-May4
ExchgVol(000s)HighLowCloseChangeInco LtdT427530…
SPOT PRICES, May 5, 1999
Precious MetalsPrice(US/oz)ChangeGold$285.50+$4.45Silver$ 5.30+$0.09…
MOST ACTIVE ISSUES, April 28-May 4
ExchgVol(000s)HighLowCloseChangeAmericn GemT27982…
BHP finds more pipes
Drilling on the Buffer zone claims in the Northwest Territories has uncovered two more kimberlite pipes, boosting to 28 the number found to date. Five targets have yet to be tested.The Buffer zone cla…
Ekati reaches production milestone
Production from the Ekati diamond mine in the Northwest Territories has surpassed 1 million carats.Also, in March, the mine produced 236,598 carats — not far off the monthly target of 250,000 carats….
Barrick sees ‘new era of growth,’ discovery adds lustre to Pascua
An intersection of 280 metres grading nearly 5 grams gold per tonne — starting at surface and not far from a major new mine — would send the shares of any junior company soaring through the roof, ev…
Meetings (May 10, 1999)
May 10, CamfloMay 10, Cdn. NaturalMay 10, Lucky StrikeMay 10, Vista GoldMay 11, AbsolutMay 11, ArcaMay 11, Curran BayMay 11, GenesisMay 11, Gulf CanadaMay 11, Inter-RockMay 11, LoricaMay 11, Marchmont…