GOLD FUNDS (June 21, 1999)
Gold Funds as of June 10, 1999BGRCentralNet Value$12.865.32Price$8.75$5.3…
News
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Analysts view EuroZinc as small-cap zinc producer
Base metals have long been the workhorses of the mining industry, with lower profit margins and less glamour than gold. But since the yellow metal began its downward tumble, analysts have shown renewe…
DIAMOND PAGE — Navigator disappointed
A drilling effort on the South Contwoyto Lake diamond property in the Northwest Territories came up empty for Navigator Exploration (NVR-A).The junior tested five high-priority targets with 550 metres…
MINING MARKETS & INVESTMENT NEWS — Prospex approves Semafo merger
At their annual meeting, shareholders of Denver-based Prospex Mining (PRM-V) approved of a merger with Montreal-based Semafo (SMF-T.UNDER THE MERGER PLAN, PROSPEX WILL BECOME A WHOLLY OWNED SUBSIDIARY…
METAL PRICES (June 21, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJune 15June 14June 11June 10…
Chapleau, White Knight test properties
Partners Chapleau Resources (CHI-V) and White Knight Resources (WKR-V) have resumed drilling on their Squaw Creek gold property in Nevada.The property lies on the northern end of the Carlin trend, bet…
Greenstone tunes up Cerro Mojon gold mine
The Cerro Mojon gold mine in Nicaragua is operating better than planned, reports Greenstone Resources (GRE-T).In the first five months of the year, the open-pit, heap-leach operation cranked out 29,96…
Companies (June 21, 1999)
Aber ResourcesAfcan MiningAltavista MinesAnglogoldAquest MineralsArchon MineralsArmistice ResourcesAtna ResourcesBattle Mountain GoldBema GoldBirim GoldfieldsBolivar GoldfieldsBroken Hill ProprietaryB…
NEWS ROUNDUP — Scossa to undergo reconnaisance
Partners Romios Gold Resources (RGRI-C) and BWI Resources (BWE-V) have begun exploring the Scossa gold property in north-central Nevada.The program will include mapping of the geology and all historic…
MOST ACTIVE ISSUES (June 21, 1999)
ExchgVol(000s)HighLowCloseChangePlacer DomeT13093…
NEWS ROUNDUP — Weak gold puts kibosh on project
Citing falling gold prices, Quebec-based Noveder (NED-M) has decided not to proceed with the Rambler and Ming West tailings project near Baie Verte, Nfld.Ming Minerals, 70% of which is owned by Easter…
Weak markets hamper Lenora
Weak gold markets have left Greater Lenora Resources (GEN-T) unable to fund this year’s plans for the Goldfields project in northern Saskatchewan.Early this year, Lenora reported that full-scale devel…