METAL PRICES (August 24, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)1998Aug. 18Aug. 17Aug. 14Aug. 13…
News
Tri Origin tests anomalies Down Under
Partners Tri Origin Exploration (TOB-T) and Delta Gold of Australia have identified new gold occurrences and intersections at their equally shared Calarie property in New South Wales.Three holes, 1, 2…
DIAMOND PAGE — Golconda eyes California gems
A sampling program by Golconda Resources (GA-A) will test claims in northern California deemed prospective for diamonds.The junior recently signed an agreement to acquire the claims, which cover an ol…
DIAMOND PAGE — Trivalence drills recover diamonds
Junior Trivalence Mining (tmi-v) is encouraged by results from drilling carried out on the K-7 kimberlite, which is currently the focus of attention at the Aredor diamond concession in Guinea, West Af…
Coal prices hit Hillsborough
The first six months of the year proved tough for Hillsborough Resources (HLB-T) in light of poor Asian economies, increased costs and lower coal prices.The company, which owns 63% of the Quinsam coal…
TSE INDICES (August 24, 1998)
Aug 18Aug 17Aug 14Aug 13Aug 12HighLowComposite 30…
Naxos reports contamination
An investigation into assay discrepancies has revealed that samples from Naxos Resources’ (NAXOF-OTC) Franklin Lake property in California were contaminated during the initial assay procedure at a tes…
LME WAREHOUSE LEVELS (August 24, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Aug. 17/98 (change from Aug. 10 in brackets):Metal Stocks(tonnes)Change…
TVX completes feasibility at Olympias
With gold production up at all its mines and a drop in cash costs, TVX Gold (TVX-T) has managed to turn in a quarterly profit for the second consecutive time.For the second quarter ended June 30, TVX …
NEWS ROUNDUP — JAG sets up advisory board
Junior explorer International Jaguar Equities (JAG-V) has set up an advisory board to advance the Lord River gold project in British Columbia and provide management guidance.Andrew Smith, JAG’s newly …
NEWS ROUNDUP — Skeena Resources eyes Balkan gold
In anticipation of the passage of a new mining act, Skeena Resources (SKE-V) has acquired a private corporation with four pending exploration permits in Bulgaria.The Vancouver-based junior acquired th…
Index (August 24, 1998)
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