the broad marketAs a wheezy Toronto Stock Exchange staggers to its 1997 finish line, the gold issues are showing signs of life, propelled by a modest recovery in the price of the yellow metal.That mut…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.24/97 (change from Dec. 19 in brackets):MetalStock(tonnes)Change…
Metals exploration activity in Canada continued apace in 1997, and mineral hunters were just likely to be searching for base metals as for gold.Ontario’s Timmins camp drew explorers like bees to honey…
The number of mineral discoveries in the U.S. during 1997 is down from last year, though Alaska and Nevada continue to provide the best hunting ground.One of the highlights of the year came from Grayd…
David Steinepreis elected director.
Tadeusz F. van Wollen appointed director, president and CEO, Jacel Pawlowski appointed director, vp and CFO, and Francis S. O’Kelly appointed director.
With the Ekati diamond mine in Canada’s Northwest Territories on schedule to begin production in the fall of 1998, diamonds have become an important sub-group of Canadian equity markets.It has been si…
Gold Funds as of December 24, 1997BGRCentralNet Value$15.00$6.37Price$10.05…
Sobs clearly outnumbered shouts of “Eureka!” by a wide margin in 1997, a year in which some fine foreign exploration results were overshadowed by salted samples and depressed metal prices.The most dis…
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BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateDec. 29Dec. 24Dec. 23Al Alloy13…
Aluminium: LME settlements US$1,488, alloy US$1,360 per tonne (Dec. 22/97).Antimony: Representative mid-market US$1,550 per tonne (Dec. 29/97).Bismuth: Representative mid-market US$3.35 per lb. (Dec. …
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