GOLD FUNDS (February 08, 1999)
Gold Funds as of January 28, 1999BGRCentralNet Value$13.685.88Price$8.75$…
News
LME WHSE LEVELS (February 08, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Feb. 2/99 (change from Jan. 26 in brackets):MetalStocks (tonnes)Change…
U of T offers remote-sensing course
A short course on remote-sensing in mineral exploration will follow this year’s convention of the Prospectors and Developers Association of Canada, in Toronto.The course, to be held March 19-20 at the…
SPOT PRICES (February 08, 1999)
Feb. 3, 1999Courtesy of ScotiabankPrecious MetalsPrice (US/oz)ChangeGold$287.55+$1.65Sil…
THE NORTHERN MINER — North American Mining Index (February 08, 1999)
85.64 (-0.97)
THE NORTHERN MINER –Small Producers Index
80.71 (-2.82)
Madison also eyes property’s placer potential
Junior Madison Enterprises (MNP-V) has released more encouraging drill results from the Mt. Kare gold project in Papua New Guinea.Diamond drilling has expanded the Black Zone area, resulting in the di…
Ashanti produces record amount of gold
Ashanti Goldfields (ASL-N) surpassed all its production and cost targets for 1998 on the strength of a banner fourth quarter.The company racked up 1.55 million oz. in gold production for the year (a 3…
NAME CHANGE (February 08, 1999)
Consolidated Richland Mines (CRX-V) has changed its name to Apogee Minerals (APE-V).
PRODUCER & DEALER PRICES (February 08, 1999)
Aluminium: LME settlements US$1,207.50, alloy US$1,033 per tonne (Feb. 2/99).Antimony: Representative mid-market US$1,365 per tonne (Feb. 2/99).Bismuth: Representative mid-market US$3.05 per lb. (Feb….
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Higher prices buoy producers
A surge in gold and silver prices helped U.S. producers, while the Dow Jones industrial average slid 50.46 points (0.5%) to finish the report period ended Feb. 2 at 9,274.12.Gold producers benefited f…
EDITORIAL & OPINION — NEW HORIZONS — Responsibility at heart of INAP
The International Network for Acid Prevention is a recently established organization founded by 17 of the world’s leading mining companies. Its purpose is to promote significant improvements in the ma…