Monopros to bulk-sample AK pipes
Monopros, the exploration arm of De Beers Consolidated Mines (DBRS-Q), will proceed with a bulk-sampling program this winter on the AK property in the Northwest Territories.Monopros has the right to e…
News
PEOPLE (October 05, 1998)
Firsty Dynasty — Zaven Dadekian appointed director.
OBITUARIES — Donald Wagg
Donald Wagg, a pioneer in airborne geophysics, has died. He was 75.Born in Regina, Sask., in 1923, Wagg obtained a degree in geophysics from the University of Toronto in 1950 after serving with the Ro…
MINING MARKETS & INVESTMENT NEWS — NAME CHANGE (October 05, 1998)
Navarre Resources (NRV-V) has changed its name to Ameridex Minerals (AMD-V) on a 1-new-for-13.8-old-share basis.
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Yorkton eyes potential junior performers
Negative market sentiment has left many Canadian junior resource companies near historic lows, with a good number trading below their cash break-up value. Retail analysts Douglas Leishman and Art Ettl…
SPOT PRICES (October 05, 1998)
Wednesday September 30, 1998Price (US)Week’s ChangeGold*$294.10+$6.10Silver*$ 5.39…
MINING MARKETS & INVESTMENT NEWS — VSE composite, mining indices stand fast
Despite finishing the Sept. 29 report period on a downturn, western markets managed to hold on to some of the gains made earlier in the week. The Vancouver Stock Exchange composite index closed up 2.8…
NAME CHANGE (October 05, 1998)
Legion Resources (LGN-V) has changed its name to Earl Resources (ERL-V) on a 1-new-for-2-old-share basis.
GREATEST VALUE TRADED (October 05, 1998)
ExchgVal($000s)HighLowCloseChange.ZSBarrick GoldT…
Companies (October 05, 1998)
Aber ResourcesAfrican GemstonesAlberta EnergyAllican ResourcesAmerican CopperAmeridex MineralsApex Silver MinesArchangel DiamondAriel ResourcesAsarcoAshton Mining of CanadaAsia SapphiresAt…
MINING MARKETS & INVESTMENT NEWS — Golds flex muscle in jittery markets
Attention during the report period Sept. 23-29 was focused on Washington, D.C., where the U.S. Federal Reserve Board dropped the influential federal-funds rate to 5.25% from 5.5%. The move was designe…
METAL PRICES (October 05, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateSept. 29Sept. 28Sept. 25Sept…