GREATEST VALUE TRADED, Jan, 28-Feb. 3
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News
DIAMOND PAGE — Study gives Liqhobong project thumps-up
With a positive prefeasibility study in hand, Messina Diamond (MSC.U-T) plans to continue with sampling programs in order to complete a bankable feasibility study for its Liqhobong diamond project in …
Gold production soars in former USSR
Many regions of the former Soviet Union boosted their gold production in 1997.In Kyrgyzstan, 17 tons of the yellow metal were produced, compared with just 1.5 tons in 1996. The jump was sufficient to …
TSE Short Positions (February 02, 1998)
Short positions outstanding at January 15, 1998Larger individual positions include:Aber Resources 109,100; Abitibi-Consolidated 306,695, up 171,142; Barrick Gold 11,031,476, up 575,816; Black Swan Gol…
GREATEST VALUE TRADED, Jan. 21-27
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St Andrew starts program in Timmins camp
A $5-million exploration program by St Andrew Goldfields (SAS-T) is under way at the Taylor property in the Timmins gold camp of northern Ontario.The company says 60% of the funds allocated for the 19…
Kinross sees cost reductions ahead
With gold prices still mired around US$300 per oz., speculation is growing that some companies will not be able to survive a prolonged period of depressed prices. Kinross Gold (K-T), fully aware that …
IG shelves Bakyrchik project
Continued weakness in gold prices has forced Indochina Goldfields (ING-T) to cancel development plans for its Bakyrchik gold project in Kazakstan.The company will nonetheless proceed with operating pl…
Kennecott joins JNR Resources in Saskatchewan
Kennecott will earn a 65% interest in up to eight uranium concessions held by JNR Resources (JNN-V) in the Athabasca Basin of northern Saskatchewan.To do so, Kennecott must spend $1.5 million on explo…
Holloway below expectations
The current slump in gold prices is taking its toll on Teddy Bear Valley Mines (TBY-T), the 15.35% owner of the Holloway gold mine in northeastern Ontario.Operated by Battle Mountain Canada (BMC-T), w…
LME WAREHOUSE LEVELS (February 02, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.27/98 (change from Jan. 20 in brackets):MetalStock(tonnes)Change…
Quest Int’l to explore Djibouti
Quest International Resources (QIX-T) and its private partner, Seven Stars Minerals, have signed an agreement with Djibouti for the exploration of mineral resources in this small East African nation.S…