Magnesium, one of the lightest and most commonly used structural metals, is fast becoming a popular choice for manufacturing in the automobile industry. It soon may be even more popular than steel.Mag…
Argentina is an exploration hot spot, with a growing number of companies searching for gold and copper-gold mineralization, as well as less traditional types of deposits.Among the more established com…
102.23 (-6.97)(Sept. 30/98 = 100)…
Wednesday December 2, 1998Price (US)Week’s ChangeGold*$293.90-$2.30Silver*$ 4.88…
Aluminium: LME settlements US$1,300, alloy US$1,080 per tonne (Dec. 1/98).Antimony: Representative mid-market US$1,295 per tonne (Dec. 1/98).Bismuth: Representative mid-market US$3.20 per lb. (Dec. 1/…
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateDec. 1Nov. 30Nov. 27Nov. 26…
Gold Funds as of November 26, 1998BGRCentralNet Value$14.275.96Price$10.50…
Shareholders of Prime Resources Group (PRU-T) have accepted Homestake Mining’s (HM-N) offer to acquire the 49.9% of Prime it does not already own.Homestake Chairman Jack Thompson says the transaction …
1998Dec. 1Nov. 30Nov. 27Nov. 26Nov. 25HighLowComp…
Aurizon Mines (ARZ-T) continues to hit long gold intersections in the West Mine zone of the Casa Berardi mine in northwestern Quebec.Surface holes have intersected a gold-bearing zone at a depth of 60…
Despite failing to turn a third-quarter profit, Nelson Gold (NLG-T) is benefiting from an expansion program at its 44%-held mine in Tajikistan.The London, England-based company earned US$575,000 on re…
Cash flow from the Monywa copper project in west-central Myanmar is enabling Indochina Goldfields (ING-T) to claw its way toward profitability.For the first nine months of 1998, IG reported a loss of …
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