METAL PRICES — Daily Metal Prices (August 10, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices in US$ per tonne)DateAug. 4Aug. 3July 31July 30…
1998
GREATEST VALUE TRADED (August 10, 1998)
ExchgVal($000s)HighLowCloseChangeBarrick GoldT169…
PEOPLE — Southern Mineral
Jeff Arsenych and David Beckwermert appointed directors.
Sunnyside up for Altius
Easter is nine months away, but Altius Minerals (ALS-S) is busy hunting for eggs in its home province of Newfoundland.On the Paradise Lake property in Botwood Basin, the junior has identified what it …
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS –Dow plunges 300 in a day
The Dow Jones industrial average was off 447 points, or 5%, for the report period July 29-Aug. 4, after a precipitous drop of nearly 300 points on Aug.4. The average closed at 8,487.31 points, led by …
PEOPLE — Rio Algom
John Lill appointed vp of mining operations.
PEOPLE — Intercap Res.
Michael Smith appointed director.
PEOPLE — Black Swan Gold
Bryce Porter appointed president, Augusto Kishida appointed vp of exploration.
PEOPLE — Armada Gold
Geoff Donahue appointed director.
Romarco cuts high grade in Nevada
Romarco Minerals (R-T) has intercepted high-grade gold values at its newly acquired Red Rocks project in western Nevada.The company completed 12 reverse-circulation and three core holes, totalling 12,…
Rio Algom posts profits
Despite tough times for base metal producers, Rio Algom (ROM-T) enjoyed a profitable second quarter as it continued to expand both its copper production and its metals distribution business.Earnings t…
Underexplored Scossa property purchased by Romios in Nevada
Toronto-based Romios Gold Resources (RGRI-C) has agreed to buy the Scossa project in Pershing Cty., northwestern Nevada.The agreement calls for the junior to pay US$82,500 cash and issue 100,000 share…