PRODUCER AND DEALER PRICES (March 02, 1998)
Aluminium: LME settlements US$1,416, alloy US$1,253 per tonne (Feb. 24/98).Antimony: Representative mid-market US$1,655 per tonne (Feb. 10/98).Bismuth: Representative mid-market US$3.65 per lb. (Feb. …
1998
TORONTO STOCK EXCHANGE INDICES (March 02, 1998)
1998Feb. 24Feb.23Feb. 20Feb. 19Feb. 18HighLowComp…
Lower uranium prices temper a strong year at Cameco
Its earnings fell in tandem with the price of uranium, but Cameco (CCO-T) still achieved considerable financial success in 1997.Annual earnings from operations increased by 4% to a company record of $…
CORRECTION (March 02, 1998)
Contrary to an article in our Feb. 16-22 issue concerning Newmont Mining (NEM-N), the company has not planned any more large-diameter drilling or bulk sampling at the True North gold project. The comp…
Index (March 02, 1998)
CareersClassifiedDiamond PageDividendsDrillersEditorialFacts’n’FiguresMetal PricesOdds’n’SodsPeopleProfessional DirectoryStock MarketSubscription Services…
Companies (March 02, 1998)
Ascot ResourcesAur ResourcesBattle Mountain GoldCamecoCrystallex InternationalDakota MiningEcho Bay MinesEllesmere MineralsGetchell GoldGitennes ResourcesGoldcorpHigh River Gold MinesHomestake MiningI…
Nora buys ground in Chile
Nora Exploration (NXI-M) has acquired four claims prospective for gold-copper mineralization in northern Chile.In return, Nora will pay US$85,000 in cash and issue 25,000 shares to the private vendor….
Battle Mountain cuts costs to battle lower gold prices
Battle Mountain Gold (BMG-N) has lowered production costs, but still took a loss in the fourth quarter and its fiscal year.The company reported a net loss of US$20.6 million (or 9cents per share) duri…
Gitennes advances Virgen exploration
An exploratory tunneling program on the southern end of the Rio Suro gold zone at the Virgen property in north-central Peru is now complete.Gitennes Resources (GIT-T) is using the tunnel to develop a …
Aur drops Patagonia
After spending $1.5 million on exploration, Aur Resources (AUR-T) has decided to drop its option to earn an interest in the Patagonia property from Southern Rio Resources (SNZ-V).Southern Rio intends …
PEOPLE — PANDORA
John Campbell elected director.
PEOPLE — MARCHMONT
Nick Clarke appointed COO.