Larry Strauss of Canaccord Capital expects that Placer Dome (PDG-T) will have a strong 1998. Accordingly, the mining analyst is continuing to rate the company a buy.Strauss notes that the major plans …
I am a shareholder of Casmyn, a company traded on the Nasdaq Bulletin Board. The shares of the stock went from around US$4 to a few cents in a couple of months. The company issued a statement in Febru…
ExchgVal($000s)HighLowCloseChangeBarrick GoldT116…
Wednesday, May 27, 1998Price (US)Week’s ChangeGold*$292.60- $5.50Silver*$ 5.09…
Junior NovaGold Resources (NRI-T) has drilled another five new holes at its Murray Brook polymetallic property in northern New Brunswick.Each hole was collared to test the down-plunge extension of a l…
Texas-based America Mineral Fields (AMZ-T) has completed its previously announced purchase of Idas Resources, a private company with a 50% interest in two large diamond concessions in Angola.The revis…
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMay 26May 25May 22May 21May 20…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 22/98 (change from May 18 in brackets):MetalStocks(tonnes)Change…
Big I Developments (BID-V) has changed its name to Nustar Resources (NTR-V) on a 1-new-for-5-old-share basis.
The Dow Jones Industrial average continued its slow slide, finishing the May 20-26 report period down 90.92 points (1%) at 8,963.73. Trading was light because of the Memorial Day holiday May 25.All ma…
Settlement prices for London Metal Exchange spot metal and three-month contracts, May 26/98 (US$ per tonne):MetalsCash PriceThree Month Price…
The deep drilling program at Millstream Mines’ (MLSM-C) Potter mine represents “one of the most promising current base metal exploration projects in Canada,” writes John Kallaway, mining analyst for Y…
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