LME Warehouse Levels (April 06, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.31/98 (change from Mar. 24 in brackets):MetalStock(tonnes)Change…
News
Blue Desert explores in Chile
An airborne geophysical survey has outlined a large chargeablity anomaly over the Enero property in Chile that partially coincides with a copper prospect.Blue Desert Mining (BDE-A) holds an option to …
GOLD FUNDS (April 06, 1998)
Gold Funds as of March 26, 1998BGRCentralNet Value$15.49$6.33Price$11.80$…
Behre Dolbear strikes deal in Saudi Arabia
In a departure from its usual practice of supplying geological consulting services to North America’s mining industry, Behre Dolbear has entered into a multi-million-dollar contract to provide financi…
TORONTO STOCK EXCHANGE INDICES (April 06, 1998)
1998Mar. 31Mar. 30Mar. 27Mar. 26Mar. 25HighLowCom…
LATIN AMERICA — Ourominas adds McLucas to board
Scottish mining financier William (“Willie”) McLucas has been appointed chairman of Toronto-based Ourominas Minerals (OMI0-T), in an attempt to raise exploration financing.McLucas is currently chairma…
SPOT PRICES (April 06, 1998)
Wednesday, April 1, 1998Price (US)Week’s ChangeGold*$301.60+ $3.10Silver*$ 6.47…
STOCK MARKETS – Western markets post gains — Northern Abitibi, Donner trading heats up as drilling nears
The Vancouver Stock Exchange composite index gained 14.83 points, or 2.4%, to close at 626.95 over the report period ended March 31. The mining index also closed on a positive note, adding 5.98 points…
LATIN AMERICA — High American Gold narrows focus in Argentina
After spending the last half-year separating the wheat from the chaff among its Argentine property holdings, High American Gold (HIAM-C) is focusing its attention on two promising gold-silver prospect…
LATIN AMERICA — Countdown begins at Collahuasi
When full production begins in October, the Collahuasi open-pit project in northern Chile will become the world’s fourth largest producer of copper, yielding 350,000 tonnes of copper concentrate and 5…
Minera Andes hits high grade in Patagonia
The latest round of drilling has returned high-grade gold and silver values at the El Pluma-Cerro Saavedra project in southern Argentina for Minera Andes (MAI-A).Four of 17 widely scattered holes show…
LATIN AMERICA — Solitario trades Argentine portfolio for stake in TNR
Solitario Resources (SLR-T) has signed a letter of intent with TNR Resources (TNR-V) to transfer ownership of mineral properties in Argentina in return for shares.Having made a non-refundable binding …