Miners abroad advised to expect higher costs
Escalating costs pose a greater threat to the mining industry than do falling metal prices, according to the head of the mining group for Price Waterhouse.In a speech delivered at the accounting firm’…
News
DIAMOND NEWS ROUNDUP — Messina evaluates Liqhobong
Toronto-based Messina Diamond (msc.u-t) has completed the evaluation of 1,303 carats recovered from its initial bulk sampling of the Satellite pipe at the Liqhobong project in Lesotho, South Africa.Th…
DIAMOND PAGE — Rex tests African project
Producer Rex Diamond (RXD-T) has secured permits to explore two concessions in the northwestern African country of Mauritania.The land package covers 46,700 km in the northwest part of the country, wh…
STOCK MARKET — Junior gold mining stocks help keep western markets afloat — Cross Lake makes splash after Timmins area find; Silverstone, Haddington also
upThe Vancouver Stock Exchange composite index edged up 6.55 points, or 0.8%, over the holiday-shortened report period ended Oct. 14 to close at 838.4. The mining index finished at 748.74, up 6.48 poi…
Producer and Dealer Prices (October 20, 1997)
Aluminium: LME settlements US$1,633 per tonne(Oct. 14/97).Antimony: Composite free market, US$1,935 per tonne (Oct. 14/97).Bismuth: Composite free market US$3.40 per lb. (Sept. 30/97).Cadmium: Composi…
GREATEST VALUE TRADED, Oct. 8-14
ExchgValue ($000s)HighLowCloseChangeBarrick GoldT…
Metal Prices — Daily Metal Prices (October 20, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateOct. 14Oct. 13Oct. 10Oct. 9Oc…
TORONTO STOCK EXCHANGE (October 20, 1997)
1997Oct.14Oct.13Oct.10Oct.9Oct.8HighLowComposite…
STOCK MARKET — TSE hits another record high as gold majors rally — Precious and base metal prices remain lacklustre
The Toronto Stock Exchange continued to perform at an impressive pace during the report period of Oct. 8 to Oct. 14, with the TSE 300 composite index closing at 7168.77, a drop of 41.16 points, or 0.6…
GOLD FUNDS (October 20, 1997)
Gold Funds as of October 9, 1997BGRCentralNet Value$18.38$5.98Price$13.65…
LME Warehouse Levels (October 20, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Oct.13/97 (change from previous week in brackets):MetalStock(tonnes)Change…
LME WAREHOUSE LEVELS (October 13, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Oct.6/97 (change from previous week in brackets):MetalStocks (tonnes)Change…