GREATEST VALUE TRADED (November 16, 1998)
ExchgVal($000s)HighLowCloseChangePlacer DomeT4043…
1998
MOST ACTIVE ISSUES (November 16, 1998)
ExchgVolume(000s)HighLowCloseChangePlacer DomeT16…
Meetings (November 16, 1998)
Nov. 16, IBI Nov. 16, Lytton Nov. 16, Wespac Nov. 17, Agau Nov. 17, Canmark Int’l Nov. 17, Gran Columbia Nov. 17, Orezone Nov. 17, Oro Nevada Nov. 17, Trivalence Nov. 17, X-Cal Nov. 18, Celestar Nov. …
Kennecott finds third kimberlite in Alberta
Kennecott Canada Exploration has intersected a third kimberlite body on the Legion property in northeastern Alberta while drill-testing the Dragon target.Kimberlite material was intersected at a depth…
Mountain Lake drills gold at Valentine Lake property
A first phase of drilling at the Valentine Lake gold property in central Newfoundland has returned encouraging results for operator Mountain Lake Resources (MOA-V).Mountain Lake is earning a half-inte…
Companies (November 09, 1998)
American CopperAnglogoldAntares Mining & ExplorationAnzex ResourcesAranlee ResourcesArgentina GoldArizona Star ResourceAscot ResourcesBalaclava MinesBarrick GoldBattle Mountain GoldBema GoldBlack Hawk…
Placer Dome bucks trend by posting strong earnings — Cortez, Granny Smith mines among most impressive performers
Sustained cost reduction, higher gold production and strong hedging revenues resulted in a strong third quarter for Placer Dome (PDG-T).Net earnings for the three months ended Sept. 30 were US$33 mill…
MINING MARKETS & INVESTMENT NEWS — NEWS ROUNDUP — MSV sells royalty for $30 million
Montreal-based MSV Resources (MSV-T) has closed the sale of a royalty interest on future production at its Copper Rand 5000 and Corner Bay copper-gold projects in Quebec’s Chibougamau camp.A private i…
THE NORTHERN MINER — SMALL PRODUCERS INDEX (November 09, 1998)
91.23 (-7.41)(Sept 30/98 = 100)…
Noranda maintains strong balance sheet — Major’s restructuring program to focus on mining, metals
Like its competitors, Noranda (NOR-T) experienced drops in third-quarter earnings and revenue as a result of low metal prices.In the three months ended Sept. 30, the company earned $22 million (or 7 c…
Summo confirms grades at Johnson
Junior Summo Minerals (SMA-T) reports that exploration drilling at the dormant Johnson Camp mine in Arizona has confirmed the thickness and grade of the Copper Chief deposit.Results from eight infill …
Elkhorn gets boost
Treminco Resources (TMO-T) has received an updated resource estimate for the Elkhorn gold project in Montana.The Canadian subsidiary of Mineral Resource Development Inc. (MRDI), a division of H.A. Sim…