GOLD FUNDS (July 20, 1998)
Gold Funds as of July 9, 1998BGRCentralNet Value$13.98$5.96Price$10.20$5.
1998
LME WAREHOUSE LEVELS (July 20, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at July 13/98 (change from July 6 in brackets):MetalStocks(tonnes)Change…
TSE INDICES (July 20, 1998)
1998July 14July 13July 10July 9July 8HighLowCompo…
Western Pacific seeks JV in PNG
Edmonton-based Western Pacific Gold (WPI-A) says it has entered negotiations with an undisclosed company to form a joint venture to explore in Papua New Guinea.Western Pacific is keeping the name of t…
MINING MARKETS & INVESTMENT NEWS — Nelson to proceed with offering
Proceeds from a rights offering by Nelson Gold (NLG-T) will be used to repay a loan.The purchase of four rights will entitled holders to purchase one common share at 27 cents until July 27, 1998. The …
PRODUCER & DEALER PRICES (July 20, 1998)
Aluminium: LME settlements US$1,289.50, alloy US$1,255 per tonne (July 13/98).Antimony: Representative mid-market US$1,375 per tonne (July 13/98).Bismuth: Representative mid-market US$3.60 per lb. (Ju…
Index (July 20, 1998)
Book ReviewCareersClassifiedDiamond PageDrillersEditorialFacts’n’FiguresInsider TradingListings & FinancingsMetal PricesMining Markets and Investment NewsObituaryOdds’n’SodsPeopleProfessional Director…
Rio Tinto joins Pangea in Peru
A subsidiary of Pangea Goldfields (PGD-T) has optioned the Huancavelica gold property in central Peru to Rio Tinto (RTP-N).The major can earn a 55% interest in the property by making staged payments a…
Canyon suspends EIS at McDonald
Weak gold prices have forced Canyon Resources (CAU-X) to slow the permitting process at its McDonald gold project in Montana.The company was spending US$500,000 per month on the environmental impact s…
DIAMOND PAGE — Diagem tests property
Determined to find the kimberlite source of alluvial diamonds found on the Chapada property in Brazil’s Mato Grosso state, Diagem International Resource (DGM-V) has begun drilling selected targets.The…
Sirios active near James Bay
Montreal-based Sirios Resources (SOI-M) has kicked off several summer exploration programs in northwestern Quebec.At the Aquilon project, near James Bay in northwestern Quebec, the junior is endeavori…
DIAMOND PAGE — Winspear finances Snap Lake program
Of the $2.5 million budgeted for diamond exploration for the remainder of the year, Winspear Resources (WSP-V) intends to spend $1.5 million in the Snap Lake area of the Camsell Lake property in the N…