1998



MOST ACTIVE ISSUES, July 15-21

Exchg Vol(000s)CloseCasmyn Corp*Q198910.02Barrick GoldT672127.25Placer DomeT613916.60Meridian GoldT4935 7.00Homestake Mg *N459810.94Carmanah ResT44851.53Newmont Mng *N395822.81…


High River advances Taparko

High River Gold (HRG-T) is nearing completion of an infill drilling program, part of a US$2-million feasibility study, at the Taparko gold project in northeastern Burkina Faso.The Toronto-based compan…





Rayrock gains remainder of Daisy mine

Rayrock Resources (RAY-T) is acquiring the remaining 65% interest in the Daisy gold mine from sister company Inter-Rock Gold (IRO-T).Currently, 35%-owner Rayrock operates the open-pit mine, which is n…


Global prepares for bulk sample

Global Diamond Resources (GDRS-O) plans to begin underground bulk sampling at the Montrose kimberlite pipe in South Africa.The California-based explorer completed 30 large-diameter, vertical drill hol…


PRODUCER AND DEALER PRICES (July 27, 1998)

Aluminium: LME settlements US$1,331, alloy US$1,305 per tonne (July 20/98).Antimony: Representative mid-market US$1,375 per tonne (July 13/98).Bismuth: Representative mid-market US$3.60 per lb. (July …


Mint offers new gold investment product

Following the release of a new silver coin for collectors, the Royal Canadian Mint has rendered a 1-oz. gold wafer for investors.The 24-carat item is 40.2 mm long, 24.2 mm wide and 1.717 mm thick. The…


Teck triumphs over low prices

Despite substantially lower metal prices, Teck (TEK-T) managed to squeeze out a slim profit during the second quarter.The Vancouver-based major earned $3 million (or 3cents per share) on $177 million …


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