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…
1998
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…
MINING MARKETS AND INVESTMENT NEWS — Juniors continue financings for work programs
The VSE has accepted for filing a non-brokered private placement of 522,419 units of Consolidated Trilogy Ventures (CTJ-V) at 31cents each, for proceeds of $162,000.Each unit consists of one share and…
Yamana augments land package
With six new cateos, Yamana Resources (YRI-T) has more than doubled its land position in the silver-rich western portion of the Santa Cruz project in southern Argentina.After two successful rounds of …
METAL PRICES — Daily Metal Prices (April 27, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateApr. 21Apr. 20Apr. 17Apr. 16Apr…
Corona plans more Troutfly Lake work
Corona Gold (CRG-T) reports mixed results from diamond drilling carried out on the Troutfly Lake properties in the Dryden-Sioux Lookout area of northwestern Ontario.Most of the targets tested in the 9…
MINING MARKETS AND INVESTMENT NEWS – WESTERN MARKETS — Composite, mining indices dip in Vancouver, Alberta
The Vancouver Stock Exchange composite index lost 3.57 points, or 0.56%, to close at 632.51 over the report period ended April 21. The mining index also dipped, losing 8.2 points, or 1.6%, to close at…
Cameco eyes Uranerz units
Uranium miner Cameco (CCO-T) has entered into an agreement-in-principle to acquire the two North American-based subsidiaries of German-based Uranerzbergbau.The deal will see Uranerzbergbau, which is j…
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…