MOST ACTIVE ISSUES, Dec. 22-28
ExchgVol(000s)HighLowCloseChangeNoranda Inc.T2469…
1999
Exploration down in ’98 but not out — Argentina, Newfoundland among hot spots for junior companies
Similar in mood to 1997, though comparatively free of scandal, 1998 will be remembered as the year exploration companies replaced promotional antics with survival tactics. But despite the bearish mark…
Romarco revises buyback plan
Romarco Minerals (R-T) is halving the number of shares in a planned buyback program, owing to the devaluation of its holdings in Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T).The…
SPOT PRICES (January 04, 1999)
Tuesday December 29, 1998Price (US)Week’s ChangeGold*$286.70- $2.00Silver*$ 4.92…
LME Warehouse Levels (January 04, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.29/98 (change from Dec. 22 in brackets):MetalStocks(tonnes)Change…
TSE INDICES (January 04, 1999)
1998Dec. 22Dec. 21Dec. 18Dec. 17Dec. 16HighLowCom…
METAL PRICES (January 04, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateDec. 29Dec. 28Dec. 25Dec. 24…
Meetings (January 04, 1999)
Jan. 5, VigorJan. 6, ContikiJan. 6, GemstarJan. 6, WestwardJan. 8, CanacoJan. 8, ChannelJan. 8, GlobenetJan. 8, NevsunJan. 8, RondalJan. 8, RegentJan. 12, AfcanJan. 12, PinewoodJan. 12, SahelianJan. 1…
WESTERN MARKETS — Western markets end year with modest gain — Canadian juniors show little signs of life over holiday period
The Vancouver Stock Exchange composite index edged up 1.27 points, or 0.34%, to finish the holiday-shortened report period ended Dec. 24 at 378.64. The mining index remained steady, losing only 0.19 p…
EASTERN MARKETS — Royal Oak, Greenstone sink as duo grapples with debt load — Viceroy Resources hits hot holes in Argentina’s San Juan province
During the holiday-shortened Dec. 22-28 report period, the TSE 300 composite rose 1.3% to 6,465.38 points while the gold and precious minerals sub-index edged off slightly to 5,8903.94 points. The met…
Bearish year saps life out of metals markets
For the 1998 Teddy Bears’ picnic, the main course was probably the metals, which were swallowed whole by bearish market sentiment.The skittish precious metals market was kept on edge for much of the y…
EDITORIAL — Another year bites the dust — A look back
With the euphoria of 1996 and early 1997 a distant memory, the mining industry was brought back down to earth in 1998 by the triple whammy of low metals prices, global economic weakness and investor a…