Sunshine Mining boosts reserves at Pirquitas
Drilling by Sunshine Mining & Refining (SSC-N) has expanded, by nearly 50%, the size of the Pirquitas silver-tin deposit in northern Argentina.The company completed 37,000 ft. of a planned 66,000 ft.,…
News
SUPPLIERS NEWS ROUNDUP — SNC takes Pakistani government to court
An affiliate of Montreal-based engineering firm SNC-Lavalin is taking the government of Pakistan to court for cancelling a contract to develop a power station in the country.SNC-Lavalin committed to t…
MINING MARKETS & INVESTMENT NEWS — INSIDER TRADING — First Dynasty grants options to seven execs
Reports released by the Ontario Securities Commission show that seven directors of First Dynasty Mines (FDM-T) were granted options in June.Marcus Randolph acquired 395,000 options at 20 cents to hold…
MINING MARKETS & INVESTMENT NEWS — QUERY — Zahavy now Xavier
Back in the mid-1960s, I purchased shares of Golsil Mines, which later became Zahavy Mines. On the basis of one share for every five of Golsil, I ended up with 120 shares of Zahavy.The last informatio…
GOLD FUNDS (August 03, 1998)
Gold Funds as of July 23, 1998BGRCentralNet Value$13.95$6.24Price$10.50$5…
GREATEST VALUE TRADED, July 22-28
ExchgVal($000s)HighLowCloseChangeBarrick GoldT107…
TSE INDICES (August 03, 1998)
1998July 28July 27July 24July 23July 22HighLowCom…
PRODUCER & DEALER PRICES (August 03, 1998)
Aluminium: LME settlements US$1,354.50, alloy US$1,252 per tonne (July 28/98).Antimony: Representative mid-market US$1,290 per tonne (July 28/98).Bismuth: Representative mid-market US$3.55 per lb. (Ju…
Nar, Falco expand VMS targets in Zimbabwe
Toronto-based Nar Resources (NRL-M), which has been funding a polymetallic exploration program operated by Falconbridge (FL-T) in Zimbabwe, has announced an expanded work program for the Maramba proje…
Avalon, Westview partners at Dubenski
Juniors Consolidated Westview Resources (CWS-V) and Avalon Ventures (AVL-V) will jointly explore three of the latter’s gold properties in northwestern Ontario.The companies signed a letter-of-intent g…
METAL PRICES — Daily Metal Prices (August 03, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices in US$ per tonne)DateJuly 28July 27July 24July…
Millstream completes drilling
Toronto-based Millstream Mines (MLSM-C) has received final results from diamond drilling at its Potter base metal property near Matheson, Ont.In total, 10 deep holes tested for depth and strike extens…