SouthernEra tallies resource
Toronto-based SouthernEra Resources (SUF-T) has attached a resource figure to the partly owned Camafuca diamond pipe in Angola’s Lunda Norte province.Resources are pegged at 88 million cubic metres gr…
News
Tender postponed for Russian gold mine — Placer Dome, Barrick among companies expressing interest
The proposed tender for the Sukhoi Log gold deposit in northwestern Russia has been postponed until 1999 to allow foreign companies an opportunity to evaluate the project.The regional government of Ir…
LETTERS TO THE EDITOR — Bishop criticism unfair
The attack on [Gold Mining Stock Report Editor] Bob Bishop published in your letters column (June 29-July 5/98), was grossly unfair and without basis.Of course, Bishop is an easy target since his reco…
METAL PRICES — Daily Metal Prices (July 27, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices in US$ per tonne)DateJuly 21July 20July 17July…
GREATEST VALUE TRADED, July 15-21
ExchgValue ($000s)HighLowCloseChangePhelps Dodge*N…
TSE raps knuckles of Cumberland, Comaplex
Regulatory concern has prompted Cumberland Resources (CBD-T) and Comaplex Minerals (CMF-T) to clarify information pertaining to an independent scoping study of the Meliadine West gold project, 20 km n…
Barrick plans new mines, cuts costs
While it won’t rival the giant Goldstrike operation in size, the Pierina gold mine in Peru is expected to incur production costs considerably lower than those reported for Barrick Gold’s (ABX-T) corne…
EDITORIAL — Encouraging self-sufficiency — The Lands for Life balancing act
Governments often give with one hand, and take away with another. And that’s what worries some people living in northern Ontario as they wait for the province’s natural resources minister, John Snobol…
INSIDER TRADING — Dia Met and Fancamp directors sell shares
The Ontario Securities Commission Bulletin shows that the following trades occurred in May and June:* Breakwater Resources (BWR-T) — Norman Bengough, director or officer of an affiliate or subsidiary…
MOST ACTIVE ISSUES, July 15-21
Exchg Vol(000s)CloseCasmyn Corp*Q198910.02Barrick GoldT672127.25Placer DomeT613916.60Meridian GoldT4935 7.00Homestake Mg *N459810.94Carmanah ResT44851.53Newmont Mng *N395822.81…
High River advances Taparko
High River Gold (HRG-T) is nearing completion of an infill drilling program, part of a US$2-million feasibility study, at the Taparko gold project in northeastern Burkina Faso.The Toronto-based compan…
GOLD FUNDS (July 27, 1998)
Gold Funds as of July 16, 1998BGRCentralNet Value$14.22$6.06Price$10.45$5…