THE NORTHERN MINER – SMALL PRODUCRS INDEX
86.97 (-3.18)(Sept. 30/98 = 100)…
News
THE NORTHERN MINER – NORTH AMERICAN MINING INDEX (December 14, 1998)
97.50 (-4.73)(Sept. 30/98 = 100)…
Greenstone weathers storm in Central America
Gold miner Greenstone Resources (GRE-T) has reported less-than-catastrophic hurricane damage to its facilities in Central America.Damage caused by Hurricane Mitch at the Cerro Mojon mine in Nicaragua …
NEWS ROUNDUP — Agnico juniors to merge
In order to cut administrative costs, Agnico-Eagle Mines (AGE-T) plans to merge two of its junior exploration companies: Sudbury Contact Mines (SUD-T) and Silver Century Explorations (SVC-A).
SPOT PRICES (December 14, 1998)
Wednesday December 9, 1998Price (US)Week’s ChangeGold*$293.50-$0.40Silver*$ 4.82…
Ararat exceeds expectations
In November, First Dynasty Mines (FDM-T) produced 2,500 oz. gold equivalent from its Ararat tailings recovery project in Armenia.The project is operating 25% above design capacity, recovering 17% more…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Producers under siege
The Dow Jones industrial average lost 105.56 points during the report period ended Dec. 8, closing at 9,027.98.Copper and silver issues early in the week fell in line with dropping oil prices, hitting…
PRODUCER AND DEALER PRICES (December 14, 1998)
Aluminium: LME settlements US$1,262, alloy US$1,053 per tonne (Dec. 8/98).Antimony: Representative mid-market US$1,295 per tonne (Dec. 1/98).Bismuth: Representative mid-market US$3.20 per lb. (Dec. 1/…
GOLD FUNDS (December 14, 1998)
Gold Funds as of December 3, 1998BGRCentralNet Value$13.905.80Price$9.65$…
TSE INDICES (December 14, 1998)
1998Dec. 8Dec. 7Dec. 4Dec. 3Dec. 2HighLowComposit…
Tanqueray picks up ground
Tanqueray Resources (TQY-A) has staked a 25,825-acre claim block in the MacKay Lake area of the Mackenzie district in the Northwest Territories.The property block is 70 km south of the producing Ekati…
MOST ACTIVE ISSUES (December 14, 1998)
ExchgVol(000s)HighLowCloseChangePlacer DomeT11470…