SPOT PRICES (May 04, 1998)
Wednesday, April 29, 1998 Price (US)Week’s ChangeGold*$307.55- $3.65Silver*$ 6.11…
1998
Earnings improve for Battle Mountain
Despite a downturn in the price of gold, Battle Mountain Gold (BMG-N) cut its losses considerably in the first quarter on the strength of lower operating costs.The company reported a net loss of US$3….
PRODUCER AND DEALER PRICES (May 04, 1998)
Aluminium: LME settlements US$1,449, alloy US$1,305 per tonne (Apr. 28/98).Antimony: Representative mid-market US$1,550 per tonne (Apr. 28/98).Bismuth: Representative mid-market US$4.00 per lb. (Apr. …
Companies (April 27, 1998)
Abacus MineralsAlta GoldAmax GoldAnglo AmericanArian ResourcesAtapa MineralsAurado ExplorationBattle Mountain GoldBema GoldBice VenturesBlue Ribbon ResBreakwater ResBroken Hill ProprietaryCamecoCampho…
Miramar Mining posts big loss
Miramar Mining (MAE-T) saw its losses double from 1996 to 1997.The company posted a loss of $63.8 million (or $1.12 per share) in 1997, compared with a loss of $29.1 million (51cents per share) in the…
Romarco calculates resource at Midas
After two field seasons, Romarco Minerals (R-T) has completed a resource calculation on its Midas gold-silver property in northern Nevada.Based on 51 drill holes on the Gold Crown vein, two footwall v…
U.S. MARKETS — Dow ends on new high
The Dow Jones Industrial average closed the April 15-21 report period at a record high of 9,184.94. The average was up 74.74 points, or 0.8%, for the week.A surge in the price of gold late in the repo…
TORONTO STOCK EXCHANGE INDICES (April 27, 1998)
1998Apr. 21Apr. 20Apr. 17Apr. 16Apr. 15HighLowCom…
PRODUCER AND DEALER PRICES (April 27, 1998)
Aluminium: LME settlements US$1,419, alloy US$1,279 per tonne (Apr. 21/98).Antimony: Representative mid-market US$1,565 per tonne (Apr. 9/98).Bismuth: Representative mid-market US$4.05 per lb. (Apr. 9…
DIAMOND PAGE — Namco ups ocean diamond output
The return of an ocean-going production vessel to the Luderitz Bay diamond concession, off the coast of Namibia, has increased recovery rates for Namibian Minerals (NMR-T).The MV Kovambo returned to t…
Meetings (April 27, 1998)
Apr. 27, Abitibi-Consolidated DesjardinsApr. 27, CadreApr. 27, Cassidy GoldApr. 27, CopperstoneApr. 28, BreakwaterApr. 28, Bright StarApr. 28, Golden ChiefApr. 28, Gulf IndonesiaApr. 28, Int’l Skyline…
SPOT PRICES GOLD FUNDS
Wednesday, April 22, 1998Price (US)Week’s ChangeGold*$311.20+ $2.85Silver*$ 6.31…