SPOT PRICES (November 09, 1998)
Wednesday November 4, 1998Price (US)Week’s ChangeGold*$290.10-$3.65Silver*$ 5.04…
News
Careers (November 09, 1998)
Placer Dome…
Balaclava tests Ecuadorian gold project
An initial phase of drilling on the El Corazon gold project in northern Ecuador has yielded mixed results for Balaclava Mines (BIL-V).In total, 1,126 metres in 14 diamond drill holes were completed. T…
MINING MARKETS & INVESTMENT NEWS — US MARKETS — US elections weigh on Dow
The Dow Jones industrial average gained 340.11 points, or 4.1%, over the Oct. 28-Nov. 3 report period to close at 8,706.15.The average showed strength early in the week but grew sluggish as the Nov. 3…
Index (November 09, 1998)
Book ReviewCareersClassifiedDrillersEditorialGeology 101Insider TradingLetters to the EditorMetal PricesMining Markets and Investment NewsNews RoundupOdds’n’SodsProfessional DirectoryQueryStock Market…
TSE INDICES (November 09, 1998)
1998Nov. 3Nov. 2Oct. 30Oct. 29Oct. 28HighLowCompo…
LME WHSE LEVELS (November 09, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov. 3/98 (change from Oct. 27 in brackets):MetalStocks (tonnes)Change…
Cyprus gains Indonesian asset
The coal division of Cyprus Amax Minerals (CYM-N) will acquire a controlling interest in the Mecfa property in East Kalimantan, Indonesia, from Nevada Manhattan Mining (NVMH-O).To earn an 85% interest…
EDITORIAL & OPINION — COMMENTARY/PDAC — Replacing Bill C-65
In 1996, the Prospectors and Developers Association of Canada and the Mining Association of Canada responded jointly to the Endangered Species Bill, C-65. And their objections were sufficiently strong…
Eldorado cuts costs at Sao Bento mine
Modifications to the Sao Bento mine in eastern Brazil have enabled Eldorado Gold (ELD-V) to reduced overall cash operating costs in the third quarter.The company’s cash costs were slashed by 18%, to U…
OBITUARY — Robert Smith
Robert M. Smith, a mining engineer who was often described as “the soul” of Barrick Gold, died Oct. 27 in a Toronto hospital from complications resulting from surgery. He was 66.While Chairman Peter M…
GOLD FUNDS (November 02, 1998)
Gold Funds as of October 22, 1998BGRCentralNet Value$14.035.97Price$10.60…