GREATEST VALUE TRADED, Feb. 11-17
ExchgVol(000’s)HighLowCloseChangeBarrick GoldT157…
News
EDITORIAL — Sober realism replaces euphoria — Investment blues
In the heady days of 1996 — before Bre-X Minerals’ phantom gold deposit blew up on the world stage, and before most metals prices went into the dumper — Canadian exchanges were riding high on an inv…
Romarco hits at Midas
Final 1997 assays from the Midas project in northern Nevada returned strong gold values for Romarco Minerals (R-T).The company completed 57 holes (31 core and 26 reverse-circulation) at Midas in 1997,…
STOCK MARKETS — VSE gathers steam while ASE holds steady — Drill results boost Great Basin, Avalon; GMD fails to recover
The Vancouver Stock Exchange composite index added 17.54 points, or 2.9%, to close at 631.01 over the report period ended Feb. 10. The mining index gained 18.53 points, or 3.7%, to close at 524.01. Th…
PRODUCER AND DEALER PRICES (February 16, 1998)
Aluminium: LME settlements US$1,485, alloy US$1,312 per tonne (Feb. 10/98).Antimony: Representative mid-market US$1,655 per tonne (Feb. 10/98).Bismuth: Representative mid-market US$3.65 per lb. (Feb. …
Plata-Peru proves up deposit
Encouraging drill results have induced Plata-Peru Resources (PPU-A) to expand exploration efforts at the Pachapaqui polymetallic mine in west-central Peru.Assays have been received from two holes dril…
Min. du Nord revs up drills
Following torrential rains, Montreal-based Explorations Minires du Nord (mdn-m) has resumed drilling at its 50%-owned Kanegele gold property in northwestern Tanzania.The reverse-circulation program is…
STOCK MARKETS — TSE rises on strong gold market and strengthening dollar — Silver continues to stay above US$7 mark; rise in nickel price fails to entice investors
The Toronto Stock Exchange 300 composite index ended the report period of Feb. 4-10 at 6881.49, a rise of 108.04 points, or 1.6%, over the previous period. Trading volumes were strong all week, with o…
TORONTO STOCK EXCHANGE INDICES (February 16, 1998)
1998Feb.10Feb.9Feb.6Feb.5Feb.4HighLowComposite “3…
Drilling tests Birim’s Dunkwa in Ghana
Exploration drilling has resumed at the Dunkwa gold property in Ghana, West Africa, reports Birim Goldfields (BGI-T).The property spans 45 km of the Ashanti gold belt, a geological feature that hosts …
METAL PRICES – Daily Metal Prices (February 16, 1998)
BASE METALS (London Metal Exchange_Midday bid/ask prices in US$ per tonne)DateFeb. 10Feb. 9Feb. 6Feb. 5Feb.4…
Companies (February 16, 1998)
Adrian ResourcesAlberta EnergyAltavista MinesAlto MineralsAmax GoldAmerican Mineral FieldsAmerican TechnologyExplorationAnglo AmericanAshton Mining of CanBarrick GoldBattle Mountain GoldBema GoldBirim…