Pierre Lassonde, in his recent commentary (T.N.M., Nov. 24/97), seems to be suggesting, in hindsight, that previous industry campaigns of “studying, understanding and communicating the financial value…
CaribGold Resources (CG-T) and Marum Resources (MMU-A) have formed a joint venture to explore for diamonds in northern Alberta.The partners have acquired just over 100,000 ha of ground near the Chinch…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.2/97 (change from previous week in brackets):Metal Stock(tonnes)Change…
ExchgValue($000’s)HighLowCloseChangeInco LtdT1581…
1997Dec.2Dec.1Nov.28Nov.27Nov.26HighLowComposite…
Gold Funds as of December 3, 1997BGRCentralNet Value$15.02$5.80Price$10.05…
Wednesday, December 3, 1997Price(US)Week’s ChangeGold*$291.10- $5.90Silver*$5.32…
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateDec. 2Dec. 1Nov. 28Nov. 27Nov.
An agreement with a South American company sets the stage for Fremont Gold (FGLD-Q) to acquire an 8,000-ha property in the Maricunga district of northern Chile.Most of the property lies between the Al…
Short positions outstanding at Nov. 15, 1997Larger individual positions included: Alcan Aluminium 844,262, down 360,285; Barrick Gold 11,730,966, up 388,087; Battle Mountain Canada 3,345,170, up 724,4…
Earnings for Akrokeri-Ashanti Gold Mines (AAGM-C) rose slightly in the third quarter.The Toronto-based company raked in US$270,000 (or 0.01cents per share) for the period, compared with a loss of US$1…
The first two drill samples from K91, the most recent kimberlite found on the Buffalo Hills project in north-central Alberta, have yielded seven macrodiamonds and 139 micros from 79 kg of core.The two…
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