Shaky year-end results and a US$178.1-million debt load prodded Vengold (VEN-T) to cut its interest in the Lihir gold mine in Papua New Guinea.Vengold sold 5.9 million shares of Australian-based Niugi…
March 22, AbaddonMarch 22, Blake RiverMarch 22, Golden ThunderMarch 22, NarMarch 22, StinaMarch 22, TouchstoneMarch 23, RegeenaMarch 23, RidelMarch 24, CarlinMarch 24, GoldmaxMarch 24, GulfstreamMarch…
The gold price will sink to US$285 per oz. by 2002, though cash costs for Western World producers are also expected to fall, according to a report released by AME Mineral Economics.A study of mine cas…
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMar. 16Mar. 15Mar. 12Mar. 11Mar. 10…
Gold Funds as of March 11, 1999BGRCentralNet Value$14.306.07Price$9.90$5.
A longstanding legal dispute between Farallon Resources (FAN-T) and John Torok has been settled.Last summer, the Supreme Court of British Columbia dismissed Torok’s claims in the province and awarded …
Patrick Whiteway’s letter about Devco (“Devco deposits not exactly mines,” T.N.M., Feb. 15-21/99) prompts me to add several comments of my own.I beg to differ with his somewhat tongue-in-cheek stateme…
Daily Metal PricesBASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMar. 16Mar. 15Ma…
ExchgVol (000s)HighLowCloseChangeBarrick GoldT203…
The amalgamation of Canadian financial markets is expected to create a leaner entity capable of competing more effectively in the global arena.Under an agreement-in-principal, stock exchanges in Toron…
Kennecott Canada Exploration has intersected kimberlite in the first target to be tested on the Afridi Lake property in the Northwest Territories.The Rio Tinto (RTP-N) subsidiary can earn a 60% intere…
The Vancouver Stock Exchange composite index tacked on 3.41 points, or 0.8%, to close the week ended March 16 at 424.67. The mining index followed suit, adding 1.9 points, or 0.6%, to close at 313.85….
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