LME WAREHOUSE LEVELS (December 08, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.2/97 (change from previous week in brackets):Metal Stock(tonnes)Change…
1997
GREATEST VALUE TRADED, Nov. 26-Dec. 2
ExchgValue($000’s)HighLowCloseChangeInco LtdT1581…
TORONTO STOCK EXCHANGE INDICES (December 08, 1997)
1997Dec.2Dec.1Nov.28Nov.27Nov.26HighLowComposite…
GOLD FUNDS (December 08, 1997)
Gold Funds as of December 3, 1997BGRCentralNet Value$15.02$5.80Price$10.05…
SPOT PRICES (December 08, 1997)
Wednesday, December 3, 1997Price(US)Week’s ChangeGold*$291.10- $5.90Silver*$5.32…
METAL PRICES – Daily Metal Prices (December 08, 1997)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateDec. 2Dec. 1Nov. 28Nov. 27Nov.
Fremont adds to Chilean holdings
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…
TSE Short Positions (December 08, 1997)
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…
Akrokeri rebounds in third quarter
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…
Ashton plans more sampling
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…
Nord Pacific hits high grade in PNG
Nord Pacific (NPF-T) has intersected more high-grade gold at its prospects on Simberi Island, Papua New GuineaThe best hole at Pigiput, No. P34, returned 5 metres (from 129 to 134 metres grading) grad…
EDITORIAL — A case for domestic exploration — Home-grown gold
In 1992, gold producers in the U.S. spent more than half their exploration dollars examining prospects in their own backyard. By 1996, as mineral opportunities opened up all over the world, domestic p…