Newmont to study Angren gold project
Newmont Uzbekistan, a subsidiary of Newmont Mining, plans to carry out a feasibility study on the Angren gold project in Uzbekistan’s Tashkent region, according to Interfax News Agency.The project wil…
News
MINING MARKETS & INVESTMENT NEWS — NovaGold funds program
NovaGold (NRI-T) has concluded a private placement with an investor for 200,000 shares priced at $1.40 per each, plus 200,000 share purchase warrants.The Nova Scotia-based junior plans to use the proc…
MINING MARKETS & INVESTMENT NEWS — AngloGold lists on NYSE
The world’s largest gold company has made mining history by becoming the first South African company to list on the New York Stock Exchange.The listing of AngloGold (AU-N) is in the form of American D…
MINING MARKETS & INVESTMENT NEWS — Western Copper arranges financing
Junior Western Copper Holdings (WTC-T) intends to raise $440,000 through a private placement of 100,000 special warrants priced at $4.40 each.A special warrant will be exchangeable into one share and …
MINING MARKETS & INVESTMENT NEWS – INVESTMENT COMMENTARY — Geomaque gets nod for staying the course
“Back to basics” might best describe the approach taken by some mining analysts as they scour the reeds looking for producers with a track record of profitability and the potential to expand operation…
SPOT PRICES (August 10, 1998)
Wednesday Aug 5, 1998Price (US)Week’s ChangeGold*$288.85-$2.15Silver*$ 5.47…
Canadian exploration spending tops $800m 5 Dave Barr, Atlin residents win mining awards
Despite the lure from abroad, Canada’s mineral potential continues to attract exploration dollars from both juniors and majors, according to the latest figures compiled by Natural Resources Canada (NR…
Companies (August 10, 1998)
Aber ResourcesAgnico-Eagle MinesAlberta EnergyAltius MineralsAmerica Mineral FieldsAmerican GemAnaconda UraniumAnglo AmericanAngloGoldAntares Mining & ExplorationAranlee ResourcesArgentina GoldArizona…
Meridian Gold expands Chilean discovery
Meridian Gold (MDG-N) has expanded a zone of high-grade gold-silver mineralization at the El Penon project in northern Chile.In July, the company discovered the Quebrada Colorada zone, and new high-gr…
TSE INDICES (August 10, 1998)
1998Aug 4Aug 3July 31July 30July 29HighLowComposi…
COMMENTARY — Gold’s behavior predictable
.BRobert HoyeThere is an old saying in physics that if you keep your database short enough, it will fit your theory. The views of both goldbugs and goldphobes seem conditioned by events over only the …
MINING MARKETS & INVESTMENT NEWS — Nasdaq officials de-list Casmyn
The listings and qualifications panel has de-listed Casmyn from the National Association of Securities Dealers Automated Quotation, effective July 31.The reason is that Casmyn did not comply with the …