DIAMOND PAGE — Caldera flies Pilbara properties
Having been active up to now in South Australia, Caldera Resources (CDR-M) recently completed geophysical surveys on two properties in the Pilbara Block in Western Australia.Caldera, which absorbed pr…
News
Rio Tinto boosts reserves at Argyle
Rio Tinto (RTP-N) has increased minable reserves at Australia’s largest diamond mine by 45%, extending the life of the operation to 2006 at current mining rates.The reserve boost at the Argyle mine in…
PRODUCER & DEALER PRICES (May 03, 1999)
Antimony: Representative mid-market US$1,235 per tonne (April 27/99).Bismuth: Representative mid-market US$3.55 per lb. (April 27/99).Cadmium: Representative mid-market US$0.23 per lb. (April 27/99).C…
Compromise sets stage for national junior exchange
The timeless wisdom of Solomon has helped settle a jurisdictional wrangle over where to locate Canada’s new junior stock exchange.Officials from the Vancouver and Alberta Stock Exchanges (VSE and ASE)…
Index (May 03, 1999)
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TSE INDICES (May 03, 1999)
1999Apr. 27Apr. 26Apr. 23Apr. 22Apr. 21HighLowCom…
Boliden still bleeding despite cutting costs
With the Myra Falls mine out of production and output reduced at its Ronnskar smelter, Boliden (BOL-T) posted a loss of US$22.9 million for the first quarter of 1999.The loss, amounting to US21 cents …
AG votes in favour of Homestake takeover
Shareholders of Argentina Gold (ARP-V) have voted 99% in favour of an offer by San Francisco-based Homestake Mining (HM-N) to acquire all of the junior’s outstanding shares.Under the proposed arrangem…
Resolute buys out Ashanti’s stake at Golden Pride
Australian-based Resolute will pay US$40 million for the remaining half-interest in the Golden Pride mine that it does not already own. The half-interest in the Tanzanian mine is currently held by Ash…
PEOPLE — Riverdance (May 03, 1999)
Dusan Berka, Frank Lang, James Bryce, Vladimir Horvath and Walter Brenner appointed directors.
PEOPLE — Aquest (May 03, 1999)
Robert Young appointed director.
GOLD FUNDS (May 03, 1999)
Gold Funds as of April 22, 1999BGRCentralNet Value$14.055.72Price$9.40$5.