PEOPLE — Minco
William Meyer appointed director.
News
PEOPLE — Meteor
Fred Fabro appointed director.
PEOPLE — Diamond Fields (August 16, 1999)
Frank Waldron appointed director.
Ashanti lays off at Obuasi
Falling gold prices have forced Ashanti Goldfields (ASL-N) to lay off more than 2,000 workers at the Obuasi mine in southwestern Ghana.The move is designed to save the company US$7 million annually, l…
LME WHSE LEVELS (August 16, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Aug. 10/99 (change from Aug. 3 in brackets):MetalStocks(tonnes)Change…
TSE INDICES (August 16, 1999)
1999Aug. 10Aug. 9Aug. 6Aug. 5Aug. 4HighLowComposi…
Tan Range tests Tanzanian bet
A 320-hole drill campaign is testing gold anomalies at Tan Range Exploration’s (TNX-A) Mnekezi property in the Lake Victoria greenstone belt of Tanzania.The anomalies, which were identified by soil sa…
GREATEST VALUE TRADED, August 4-10, 1999
ExchgVal($000s)HighLowCloseChangeAlcoa*N…
MOST ACTIVE ISSUES, August 4-10, 1999
ExchgVol(000s)HighLowCloseChangeBattle Mtn *N1455…
PRODUCER & DEALER PRICES (August 16, 1999)
Antimony: Mid-mkt US$1,195/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Recent trades US$60.00-90.00/t.Cobalt: Recent trades US$18.90-20.20/lb.Copper: Comex Sept. US$0.7675/lb.I…
Osisko, Virginia test showings at Payne Bay
Osisko Exploration (OSK-M) and Virginia Gold Mines (VIA-M) have completed a prospecting program aimed at identifying nickel targets at the Payne Bay property, near Ungava Bay in Quebec.The partners fo…
TSE SHORTS (August 16, 1999)
Short positions outstanding at July 31, 1999Larger individual positions include:Abitibi Consolidated 1,424,086, down 387,888; Alcan Aluminium 924,250, down 203,256; Armada Gold 150,000; Barrick Gold 6…