LME WHSE LEVELS (January 11, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan. 5/99 (change from Dec. 29/98 in brackets):MetalStocks (tonnes)Change…
News
Greenstone announces writedowns (January 11, 1999)
Greenstone Resources (GRE-T) will take writedowns on several Central American gold properties in its 1998 year-end financial statement.Whereas in its 1997 financial statement, the company used a gold …
Marsfontein yields more diamonds (January 11, 1999)
Partners De Beers Consolidated Mines (DBRS-Q) and SouthernEra Resources (SUF-T) have discovered more diamondiferous gravels at their producing Marsfontein property in South Africa’s Northern Province….
MOST ACTIVE ISSUES, 1998
ExchgVol(000s)HighLowClosePlacer DomeT54998827.20…
MINING MARKETS & INVESTMENT NEWS — Teck to invest $1.7 million in Ventures (January 11, 1999)
New Jersey-based Ventures Resource (VRS-V) says Teck (TEK-T) intends to raise proceeds of $1.7 million by exercising 1.4 million of Ventures’ class A warrants on or before Jan. 31, 1999, at a price of…
GREATEST VALUE TRADED (January 11, 1999)
ExchgVal($000s)HighLowCloseChangeBarrick GoldT356…
PEOPLE — Black Pearl (January 11, 1999)
C.D. Comba and James Boyle appointed directors.
PEOPLE – Ellesmere (January 11, 1999)
J.R. Conkin appointed COO.
Aur options Tiomin’s Cerro Colorado (January 11, 1999)
In return for providing Tiomin Resources (TIO-T) with a US$2-million loan, Aur Resources (AUR-T) has acquired an option to buy Tiomin’s huge Cerro Colorado porphyry copper-gold-molybdenite deposit in …
GREATEST VALUE TRADED, 1998
ExchgVol(000s)HighLowCloseBarrick GoldT1277511935.95…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — New Year trading lifts miners (January 11, 1999)
With traders slowly coming back from the New Year’s holiday, the Dow Jones industrial average dropped 9.79 points to close at 9,311.19 for the report period Dec. 29-Jan. 5.Although metal prices langui…
PEOPLE – Rhonda (January 11, 1999)
Glen Alston appointed president.