TORONTO STOCK EXCHANGE (October 20, 1997)
1997Oct.14Oct.13Oct.10Oct.9Oct.8HighLowComposite…
1997
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…
Moneta intersects new zone at Nighthawk
A second phase of drilling by Moneta Porcupine Mines (ME-T) has intersected a new gold zone on the Nighthawk Lake project, near Timmins, Ont.The gold mineralization occurs in quartz veins within alter…
Russia’s Kamchatka state opens ground for copper, gold exploration
The government of the Russian state of Kamchatka has begun accepting tenders for mineral exploration and development rights for two regions believed to be prospective for copper, gold and silver.The t…
EDITORIAL — Diamonds are everyone’s friend — From one to sixty, in six
Six or seven years ago, there was no Canadian diamond sector. Today, brokers and analysts are following the activities of numerous companies exploring for and developing diamond deposits across the la…
DIAMOND BRIEFS — Greenland project targets magnetic anomalies
A joint venture consisting of Canadian Mountain Minerals (CYM-A), Dia Met Minerals (DMM-T) and Australian-based Quadrant Resources has detected more than 100 circular magnetic anomalies on diamond cla…
STOCK MARKET — TSE robust despite poor showings by golds, base metals — Positive results boost value of SouthernEra; royalty sisters Euro and Franco hold steady
The Toronto Stock Exchange shifted into high gear over the report period ended Oct. 7, setting records on each of the five trading days. The TSE 300 index closed the week at 7,209.93 for a gain of 169…
Wheaton turns its attention to Costa Rica
Toronto-based Wheaton River Minerals (WRM-T) has added nearly 2 million oz.to its gold mineral base by acquiring the Bellavista gold project in Costa Rica from Minera Rayrock (MRN.Z-T).Wheaton conclud…
Crew Development picks up Zambian copper-cobalt mine
The Canadian-South African Consortium, in which Crew Development (CRU-T) holds a 48% direct and indirect interest, has acquired the Chibuluma copper-cobalt project from state-owned Zambia Consolidated…