Meetings (July 20, 1998)
July 20, BrooksJuly 20, CliftonJuly 20, GoldhunterJuly 20, ZicorJuly 21, Big BlackfootJuly 22, Allied NorthernJuly 22, ArchangelJuly 22, BelmontJuly 22, GemstarJuly 22, GMD Res.July 22, PoseidonJuly 2…
News
Abcourt drills Vendome property
Diamond drilling has expanded the Barvallee zone of silver-zinc mineralization at the Vendome property, 60 km northeast of Val d’Or, Que.Abcourt Mines (ABI-M) wrapped up a 9-hole, 1,500-metre program …
Caledonia seeks cobalt-copper in Congo
Junior Caledonia Mining (CAL-T) has entered into two joint-venture agreements with the state mining agency of the Democratic Republic of Congo.The partners will explore two cobalt-copper concessions a…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow breaks into new territory
The Dow Jones Industrial average jumped nearly 150 points on July 15 to push the average to an all-time high. For the report period ended July 14, the Dow Jones climbed 160.50 points (1.8%) to close a…
Argentina Gold posts more results from Veladero
The weak gold market appears not to be dampening the spirits of Argentina Gold (ARP-V), which, despite mixed results, continues to drill holes at its Veladero project in San Juan.The Vancouver-based j…
Etruscan extends bid for shares of Channel
Ross Fitzpatrick, chairman of Channel Resources (CHU-T), is continuing to urge shareholders to reject an “opportunistic” takeover bid by rival West African explorer Etruscan Resources (EET-T). But hav…
Deal for Inco Alloys near
Inco’s sale of its alloys division to a U.S. manufacturer could net the nickel miner US$408 million.Plans to sell Inco Alloys International to New Hartford, N.Y.-based Special Metals hinge on regulato…
BHP, Orion advance Agua Rica to feasibility
Having kicked off a 1-year, US$8.4-million work program, BHP Copper and Northern Orion Explorations (NNO-T) are well on the way to completion of final feasibility work on the Agua Rica porphyry projec…
DIAMOND PAGE — Diadem funds work at Leek Springs, Mestiza
By means of a private placement, Toronto-based Diadem Resources (DIR-M) intends to raise $5.1 million for exploration and development work on the Leek Springs diamond project in northeastern Californi…
ODDS ‘N’ SODS — Homage to an old timer
Seldom do we have the opportunity and privilege to pay tribute to a real “old timer.” Robert Ekloff was such a man.I recently read in the paper of his passing, at 97 years of age, and my mind went bac…
SPOT PRICES (July 20, 1998)
Wednesday July 15, 1998Price (US)Week’s ChangeGold*$292.80- $1.55Silver*$ 5.32…
Bolivar funds Venezuelan work program
Toronto-based Bolivar Goldfields (BVG-T) has completed a US$20-million financing with Barclays Bank and Standard Bank London.The financing comprises a US$16-million senior loan and a US$4-million subo…