Companies (March 01, 1999)
Aber ResourcesAfriOreAlberta EnergyAltai ResourcesAmgoldAnglo AmericanAnglogoldArgentina GoldArizona Star ResourceAscot ResourcesAshanti GoldfieldsAshton Mining Of CanadaAshton MiningAtna ResourcesAur…
1999
WESTERN MARKETS — Investors hunt for takeover targets
The Vancouver Stock Exchange composite index lost 1.56 points to close the report period ended Feb. 23 at 407.22. The mining index dropped 2.23 points, finishing at 289.46. Meanwhile, the combined val…
The Northern Miner Small Producers Index (March 01, 1999)
81.73 (+1.84)(Sept. 30/98 = 100)…
PRODUCER & DEALER PRICES (March 01, 1999)
Antimony: Representative mid-market US$1,390 per tonne (Feb. 23/99).Bismuth: Representative mid-market US$3.15 per lb. (Feb. 23/99).Cadmium: Representative mid-market US$0.25 per lb. (Feb. 23/99).Chro…
SPOT PRICES (March 01, 1999)
February 24, 1999Courtesy of ScotiabankPrecious MetalsPrice (US)ChangeGold*$286.10+ $0.75S…
GOLD FUNDS (March 01, 1999)
Gold Funds as of February 18, 1999BGRCentralNet Value$13.825.93Price$9.25…
MOST ACTIVE ISSUES, Feb. 17-23
ExchgVol(000s)HighLowCloseChangeSutton ResT9933…
EXCHANGE RATES (March 01, 1999)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 23Feb. 22Feb. 19Feb. 18Feb. 17…
Homestake posts profit for quarter — Gain reflects year-long restructuring plan
Benefiting from an overhaul, Homestake Mining (HM-N) reported earnings of US$1.4 million (or 1 cents per share) for the fourth quarter of 1998, compared with a loss of US$58.4 million (28 cents per sh…
More strong medicine for Inmet Mining
Another year of restructuring has left Inmet Mining (IMN-T) with a healthier balance sheet and a net profit of 25 cents a share.The Toronto-based company earned $31 million on revenue of $106 million …
Conference promotes ‘African renaissance’
Despite low commodity prices and the political turmoil engulfing many African states, the mood at this year’s Investing in African Mining conference (also known as Indaba) was guardedly optimistic, as…
EDITORIAL — The Euro, inflation and gold — New rules for new world
The introduction of the Euro-dollar by the European Monetary Union has experts speculating about the role of gold in the world economy. The World Gold Council has suggested that rivalry between the U….