Drill results keep AG in spotlight
While drilling continues, along with discussions with major mining companies, Argentina Gold (ARP-V) has released an updated resource estimate for two targets at its 60%-owned Veladero gold-silver pro…
News
Nevsun to sell Kubi to Ashanti Goldfields
African producer Ashanti Goldfields (AHD-T) will pay Nevsun Resources (NSU-T) US$1.8 million, in addition to a production royalty, for surface rights to the Kubi gold project in Ghana.Nevsun owns 100%…
Mindoro has Tigris by the tail
Mindoro Resources (MIO-A) has extended a large epithermal gold system at the Tigris property on the Indonesian island of Sumatra.The gold system now measures more than 5.8 by 2.5 km, with multiple zon…
EASTERN MARKETS — TSE moves higher despite rut in resource stocks
The Toronto Stock Exchange was higher over the report period Feb. 17-23, with the retail and manufacturing stocks leading the way. The TSE 300 composite index added 68.26 points, or 1.1%, to close at …
TSE INDICES (March 01, 1999)
1999 — DateFeb. 23Feb. 22Feb. 19Feb. 18Feb. 17HighLow…
LME WAREHOUSE LEVELS (March 01, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Feb.23/99 (change from Feb. 16 in brackets):MetalStocks(tonne)Change…
PEOPLE — Inspiration Mining
Robert Lockwood appointed president and director, Stefano Paoli appointed director, and Jerry Beaulac appointed secretary.
PEOPLE — Indo Metals
P.T. O’Kane appointed director.
Newmont Gold VP to address joint luncheon
David Baker, vice president of Newmont Gold, will speak at the joint luncheon of the Prospectors & Developers Association and the Canadian Institute of Mining, Metallurgy and Petroleum, to be held Mar…
La Teko gives nod to Kinross merger
Shareholders of La Teko Resources (LAO-T) have voted 99% in favour of a proposed merger with Kinross Gold (K-T).Stockholders will receive 0.4 of a Kinross share in return for each La Teko share.La Tek…
GREATEST VALUE TRADED, Feb. 17-23
ExchgVal($000s)HighLowCloseChangeBarrick GoldT196…
METAL PRICES — Daily Metal Prices (March 01, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateFeb. 23Feb. 22Feb. 19Feb. 18…