Euro-Nevada Mining (EN-T) and Franco-Nevada Mining (FN-T) have announced plans to repurchase shares with cash.The two companies advised the Toronto Stock Exchange that they would be making a normal co…
According to reports released by the Ontario Securities Commission, two executives at Rhonda Mining (RDM-A) traded in that company during the period July-September.Peter Gummer, director, bought 106,0…
Wednesday October 14, 1998Price (US)Week’s ChangeGold*$296.60-$2.25Silver*$ 4.80…
Cameco (CCO-T) has sold a US$125-million block of preferred shares in an offering to U.S. investors.Each preferred share represents a principal amount of US$25 in junior subordinated debentures, which…
The government of Chelyabinsk, a territory in the Ural Mountains of Russia, has pledged US$600 million over the next seven years to kick-start the region’s base metal mining industry.Under the plan, w…
Drill results from the Wesdome gold project near Val d’Or warrant underground exploration, reports Toronto-based Western Quebec Mines (WQM-T).Since April, the company (WQM) has drilled 73 surface hole…
Short positions outstanding at September 30, 1998Larger individual positions include:Abitibi-Consolidated 981,044, down 1,098,263; Alcan Aluminium 1,303,666, up 258,567; Anderson Exploration 136,411; …
Following an international tender, Vancouver-based Crew Development (CRU-T) has acquired a copper mine and smelter complex in South Africa’s North Western Cape province.Crew’s 50%-owned, Johannesburg-…
Aluminium: LME settlements US$1,324.50, alloy US$1,126 per tonne (Oct. 13/98).Antimony: Representative mid-market US$1,340 per tonne (Oct. 13/98).Bismuth: Representative mid-market US$3.25 per lb. (Oc…
Toronto-based Borneo Gold (BNO-V) has intersected two styles of gold occurrence during an initial phase of drilling on the Bunut epithermal project in West Kalimantan, Indonesia.Gold mineralization oc…
Scout drilling at the Victoria gold property in west-central Peru has identified a gold-bearing structure for partners Pangea Goldfields (PGD-T) and Sundust Resources (SUN-M).Hole 77 intersected 2.3 m…
Potash Corp. of Saskatchewan (POT-T) has issued an announcement that weak prices for nitrogen will cut into its third-quarter earnings.The company said that earnings per share for the quarter should b…
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