During the report period ended Oct. 27, the Dow Jones industrial average slowed its pace, having posted heavy gains in the previous week. The Dow slipped 139.81 points, or 1.6%, to close at 8,366.04.M…
Placer Dome (PDG-T) has reduced the anticipated average production costs at its 70%-owned Las Cristinas gold project in southeastern Venezuela.The reduction of operating costs and the increase in prod…
1998Oct. 27Oct. 26Oct. 23Oct. 22Oct. 21HighLowCom…
Short positions outstanding at October 15, 1998Larger individual positions include:Abitibi-Consolidated 1,056,644, up 75,600; Alcan Aluminium 1,227,872, down 75,794; Anderson Exploration 142,585; Arge…
ExchgVol (000s)HighLowCloseChangePlacer DomeT2864…
The Oct. 21-27 report period saw a cooling-off in the autumn rally in gold and gold stocks, with the yellow metal sliding back $3.15 to US$293.75 per oz. on the London morning fix of Oct. 28. Nonethel…
Wednesday October 28, 1998Price (US)Week’s ChangeGold*$293.75-$3.15Silver*$ 5.06…
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateOct. 27Oct. 26Oct. 23Oct. 22…
Juniors Canspar Resources (CSZ-M) and Pro-Or Mining Resources (POI-M) are joining forces to explore and develop the Menarik chromite-platinum-palladium project in the James Bay region of northern Queb…
In a market starved for trading opportunities, investors are keeping a close eye on Argentina Gold (ARP-V). The Vancouver-based junior has released more encouraging drill results from the Amable targe…
Partners Queenston Mining (QMI-T) and Franco-Nevada Mining (FN-T) have begun drilling geophysical targets at the their Munro property near Kirkland Lake, Ont.Eight holes totalling 2,740 metres will te…
Rio Tinto (RTP-N) has agreed to buy an 80% stake in an Australian coal mine from Atlantic Richfield for US$150 million.Rio’s operating subsidiary, Pacific Coal, expects to reopen the Gordonstone mine …
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