SPOT PRICES (January 18, 1999)
Wednesday January 13, 1999Price (US)Week’s ChangeGold*$288.20+$1.05Silver*$ 5.19…
1999
MINING MARKETS & INVESTMENT NEWS — Glamis Gold advances Central American gold projects
With feasibility work continuing, construction at the San Martin gold project in central Honduras is targeted to begin by November of this year.Glamis Gold (GLG-T) plans to develop the project as a 50…
BOOK REVIEW — Latest Voisey’s book looks at social justice
Premature Bonanza:…
Meetings (January 18, 1999)
Jan. 18, Caledonia Jan. 18, Cantex Jan. 18, Croesus Jan. 18, Emerald Isle Jan. 18, Fort Knox Jan. 18, Rodera Jan. 19, Ameridex Jan. 19, Big Bear Jan. 19, Golden Hill Jan. 19, Int’l Arlo Jan. 19, Int’l…
EDITORIAL & OPINION – COMMENTARY — Mining in the new millennium
On New Year’s Eve, as I said goodbye to 1998 and toasted the arrival of ’99, I experienced a wave of excitement and a twinge of trepidation. For the first time, the millennium no longer seemed to be a…
METAL PRICES TSE INDICES
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJan. 12Jan. 11Jan. 8Jan. 7…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Spot nickel soars as base metal miners rally
World markets were jittery during the Jan. 6-12 report period, owing to concern over the economic health of Brazil. Capital fled out the Latin American powerhouse — including US$1 billion on Jan. 12 …
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Polymet a star of buoyant western market
The Vancouver Stock Exchange composite index rocketed past the 400 mark and finished the week ended Jan. 12 at 417.94, up 18.99 points, or 4.76%. Not to be outdone, the mining index jumped 11.13 point…
MINING MARKETS & INVESTMENT NEWS – US MARKETS — Soaring Dow takes plunge
The Dow Jones industrial average soared early in the report period ended Jan. 12, only to fall off sharply on the last day of trading, starting a larger downward trend. Nevertheless, the average finis…
Royal Gold hits high grade in Greece
Junior Royal Gold (RGLD-Q) has pulled some high-grade values from the first phase of drilling carried out on the Milos project in the Cyclades Islands of Greece.Royal is operator the project, in which…
LME WHSE LEVELS (January 18, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan. 12/99 (change from Jan. 5 in brackets):MetalStocks (tonnes)Change…
Crown gets environmental nod for Crown Jewel
Battle Mountain Gold (BMG-N) and Crown Resources (CRRS-Q) have won a legal victory regarding the Crown Jewel project in Washington state: the U.S. Federal Court backed conclusions made by the U.S. For…