GREATEST VALUE TRADED (October 12, 1998)
ExchgVal ($000s)HighLowCloseChangeBarrick GoldT63…
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MOST ACTIVE ISSUES (October 12, 1998)
ExchgVol (000s)HighLowCloseChangePlacer DomeT2115…
MINING MARKETS & INVESTMENT NEWS — METALS COMMENTARY — Hard times in Asia hit the ferro-alloys sector
As economic recession, and perhaps deflation, spreads from the Pacific Rim, the effect on commodity prices has been devastating. The non-ferrous metals have been seen to bear the brunt, but their supp…
LME WHSE LEVELS (October 12, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Oct. 6/98 (change from Sept. 29 in brackets):MetalStocks (tonnes)Change…
TSE INDICES (October 12, 1998)
1998Oct. 6Oct. 5Oct. 2Oct. 1Sept. 30HighLowCompos…
PRODUCER & DEALER PRICES (October 12, 1998)
Aluminium: LME settlements US$1,291, alloy US$1,114 per tonne (Oct. 6/98).Antimony: Representative mid-market US$1,320 per tonne (Oct. 6/98).Bismuth: Representative mid-market US$3.25 per lb. (Oct. 6/…
Rayrock closes Daisy purchase
Rayrock Resources (RAY-T) has acquired the remaining 65% stake in the Daisy gold mine owned by sister company Inter-Rock Gold (IRO-T).The property was purchased for a total of about US$1 million cash …
Freewest targets gold at Golden Ridge
Junior Freewest Resources (FWR-T) is carrying out a trenching program at its Golden Ridge property on the border of New Brunswick and Maine.Golden Ridge covers 91 sq. km of contiguous claims, of which…
First Dynasty sells Sembakung
Singapore-based First Dynasty Mines (FDM-T) has severed its ties to Indonesia by selling an 80% interest in the Sembakung oilfields project to Equatorial Energy.Equatorial acquires US$15.5 million of …
Possible kimberlite in northern Alberta
Kennecott Canada Exploration has encountered a rock unit that it believes may be kimberlite while drill-testing the Phoenix geophysical target at the Legend property in northeastern Alberta.An ultrama…
Diagem funds Brazil work
To finance ongoing exploration in southwestern Brazil, Diagem International Resource (DGM-V) has raised $200,000 in a private placement.The company sold 1.1 million units at 18 cents each. A unit cons…
Atapa options Doherty ground
Atapa Minerals (AML-M) has signed a deal with privately held DCM Gold to acquire the Doherty Cooper gold property near Kirkland Lake, Ont.Atapa can acquire a full interest in the eight claims that mak…