GREATEST VALUE TRADED, DEC. 29-31
Value($000s)HighLowCloseChangeAlcoa*N…
News
Gold Funds (January 10, 2000)
Gold Funds as of Dec. 30, 1999Dynamic MutualCentral FundNet Value$13.88$5.72Price$8.3…
LME WHSE Levels
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 4/99 (change from Dec. 29 in brackets):Aluminium774500(+2575)…
Drilling disappoints for Coral
Drilling at the Robertson property in the Crescent Valley area of central Nevada has proved disappointing for Coral Gold (CLH-V).Under an exploration agreement, Cortez Gold Mines, which operates the n…
Diamonds
No Headline (January 10, 2000)
TOP 20 – Dec. 29 – 31Tahera Corp. T 11414 0.14 0.08 0.12 + 0.04Aurado Expl T 6887 0.11 0.05 0.07 + 0.01Placer Dome T 3718 16.53 15.36 15.40 – 0.70Inco Ltd T 3133 34.07 32.00 …
Summo options copper deposit
Summo Minerals (SMA-T) will acquire the Terrazas copper-zinc project in Chihuahua state, Mexico, in return for paying US$3 million and spending at least US$2 million on exploration.The vendor retains …
Cambior inks restructuring agreement with lenders
Beleaguered Cambior (CBJ-T) has finally signed a definitive restructuring agreement with its lenders and hedge providers.The deal brings to a close a 3-month standstill period initiated after the gold…
Partners drill at Pickle Crow
Drilling at the past-producing Pickle Crow gold mine in northwestern Ontario has produced encouraging results for partners Wolfden Resources (WOLF-C) and Jonpol Explorations (JON-T).Eight holes tested…
Golden Phoenix expands Borealis
Golden Phoenix Minerals (GPXM-O) has boosted the resource at the Borealis property in southern Nevada to 1.2 million oz. gold.The expansion is a reflection of a new resource calculation for the Freedo…
Year of the Timid Turtle
The last year of the ’90s was a good time to keep your head in and your eyes shut. Call it the Year of the Timid Turtle. But even as the last few pieces of rubble from 1997 and 1998 fell back on the i…
Teck banks on diversification Investment Commentary
Turbulent metal markets made for a difficult year, but better times are predicted for Teck (TEK-T), one of Canada’s largest diversified mining companies.Mining analyst Tanya Jakusconek of National Ban…