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LME WAREHOUSE LEVELS (May 04, 1998)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at Apr.28/98 (change from Apr. 21 in brackets):MetalStock(tonnes)Change…


U.S. MARKETS — Dow follows gold’s decline

The Dow Jones Industrial average was down over the April 22-28 report period, closing at 8,898.96 on fears of higher interest rates in the bond market. The Dow slipped 285.98 points (or 3.1%), includi…


Anmercosa tests targets

Anmercosa Exploration, a subsidiary of South African-based Anglo American, has defined five gold exploration targets in Tanzania from a database provided by joint-venture partner Serengeti Diamonds (S…





Orleans ships first wollastonite

Montreal-based Orleans Resources (OLS-T) has made its first commercial shipment of wollastonite concentrate from its new processing plant in Quebec’s St. Onge Twp., near Lac St.-Jean.The Montreal-base…



DIAMOND PAGE — Juniors nix merger

A recent decision handed down by the British Columbia Securities Commission has prompted Peruvian Gold (PVO-V) and Gabriel Resources (GBU-V) to scrap their planned merger.The Securities Commission rul…



Homestake’s mines turn in successful quarter

Gold mines belonging to Homestake Mining (HM-N) performed well in the first quarter, but not well enough to keep the company out of the red.Homestake reported a net income from operations of US$600,00…


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