PEOPLE – Mazaring (January 11, 1999)
Robert Dutil appointed chairman.
1999
Rayrock boosts gold reserves (January 11, 1999)
Nevada gold miner Rayrock Resources (RAY-T) has substantially increased reserves at its three open-pit operations.Total reserves at the wholly owned Dee and Daisy mines and 66.6%-held Marigold mine no…
MOST ACTIVE ISSUES, 1998
ExchgVol(000s)HighLowClosePlacer DomeT54998827.20…
Aur options Tiomin’s Cerro Colorado (January 11, 1999)
In return for providing Tiomin Resources (TIO-T) with a US$2-million loan, Aur Resources (AUR-T) has acquired an option to buy Tiomin’s huge Cerro Colorado porphyry copper-gold-molybdenite deposit in …
PEOPLE – Rhonda (January 11, 1999)
Glen Alston appointed president.
PEOPLE – Gabriel (January 11, 1999)
James. T. McClements appointed director.
GOLD FUNDS (January 11, 1999)
Gold Funds as of December 31, 1998BGRCentralNet Value$13.775.89Price$9.55$5.450Discount30.65%7.5%Value$102,269,000$102,306,566…
Russian gold output to hold steady — Exploration and development attract foreign, local dollars (January 11, 1999)
Gold producing regions in Russia are facing an uncertain year in light of depressed prices and economic instability, though most are anticipating production similar that of 1998.In the northeastern re…
EDITORIAL & OPINION — ODDS ‘N’ SODS — The showing (January 11, 1999)
Around 1955, I became associated with three Irish prospectors from Noranda, Que. Being French-Canadian and from Rouyn, this good relationship was quite an education for me.The three were employed by a…
MOST ACTIVE ISSUES (January 11, 1999)
ExchgVol(000s)HighLowCloseChangeWilliam ResT122580.060.040.06-0.00Barrick GoldT1204930.6529.2029.60-0.10Placer DomeT871518.1017.0717.45-0.15Royal Oak Mns*X69980.310.190.25…
THE NORTHERN MINER — North American Mining Index (January 11, 1999)
92.33 (+2.78)(Sept. 30/98 = 100)…
METAL PRICES (January 11, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJan. 5Jan. 4Jan. 1Dec. 31…