LME WHSE LEVELS (June 15, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 8/98 (change from June 1 in brackets):MetalStocks(tonne)Change…
News
TSE SHORT POSITIONS (June 15, 1998)
Short positions outstanding at May 31, 1998Larger individual positions include:Abacan Resource 274,619; Aber Resources 108,900; Abitibi-Consolidated 367,927, down 436,300; Agnico-Eagle Mines 178,150, …
Red Lake deal extended
Vancouver-based ITL Capital (ICL-V) has been granted an additional year to earn a 50% interest in a gold property in Ontario’s Red Lake camp.The company now has four years to earn a 50% interest in th…
Companies (June 15, 1998)
Adex MiningAlta GoldAmax GoldAmericomm ResourcesAMT International MiningAnaconda NickelAnglo AmericanAntares Mining & ExplorationAnvil Range MiningArgentina GoldArizona Star ResourceAsarcoAtapa Minera…
VenCan disputes River Gold’s Edwards loss
That Edwards is a very rich, albeit small, gold mine is a certainty.Whether the mine, situated near Dubreuville, Ont., is making operator River Gold Mines (RIV-T) rich — River says it is not — has b…
PRODUCER & DEALER PRICES (June 08, 1998)
Aluminium: LME settlements US$1,319, alloy US$1,245 per tonne (June 2/98).Antimony: Representative mid-market US$1,485 per tonne (June 2/98).Bismuth: Representative mid-market US$3.75 per lb. (June 2/…
LME WAREHOUSE LEVELS (June 08, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 1/98 (change from May 22 in brackets):MetalStocks(tonnes)Change…
METAL FUTURES (June 08, 1998)
Settlement prices for London Metal Exchange spot metal and three-month contracts, June 2/98 (US$ per tonne):MetalsCash Price3 Month Price…
METAL PRICES — Daily Metal Prices (June 08, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateJune 2June 1May 29May 28May 27…
Rio Narcea makes discovery
Rio Narcea Gold Mines (RNG-T) reports that ongoing exploration of its large land package in the Austurias region of northern Spain has unearthed gold mineralization believed to have similarities to th…
Dynatec to operate Keno Hill mine — Production of silver-lead-zinc to resume by year-end.
Following a successful stint as operator of the Shebandowan nickel mine, Dynatec (DY-T) is taking its talents to the Yukon.Under an agreement with United Keno Hill Mines (UKH-T), Dynatec will take ove…
MINING MARKETS & INVESTMENT NEWS – MERGERS & ACQUISITIONS — Rayrock Yellowknife draws finance arm and Minera into fold
Pursuant to its takeover of an affiliated company, Rayrock Yellowknife Resources (RAY-T) has amalgamated Irish-based subsidiary Rayrock International Finance.Both Rayrock International Finance and Min…