TSE INDICES (September 28, 1998)
1998Sep. 22Sep. 21Sep. 18Sep. 17Sep. 16HighLowCom…
Articles by Northern Miner Staff
PRODUCER & DEALER PRICES (September 28, 1998)
Aluminium: LME settlements US$1,310, alloy US$1,137 per tonne (Sept.22/98).Antimony: Representative mid-market US$1,290 per tonne (Sept. 22/98).Bismuth: Representative mid-market US$3.45 per lb. (Sept…
METAL PRICES, Daily Metal Prices (September 28, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateSept. 22Sept. 21Sept. 18Sept…
Stratabound targets copper-silver at Don Indio property
Junior Stratabound Minerals (SB-A) has launched a surface and underground exploration program at the Don Indio polymetallic propertyin the northeastern Mexican state of Coahuila.The Calgary-based comp…
Argentina Gold tallies resource for Veladero project
Argentina Gold (ARP-V) has tabled preliminary resource estimates for its Veladero gold-silver project in San Juan province.The Filo Federico zone, which was defined by 15 drill holes, contains a resou…
Great Basin pursues Midas-style veins — Veining, mineralogy seen as analogous to Ken Snyder
A drilling program at the Ivanhoe property in Nevada is aimed at following up the discovery of Midas-style veining in the Valmy formation, reports Great Basin Gold (GBDG-V).The company discovered the …
GOLD FUNDS (September 28, 1998)
Gold Funds as of September 17, 1998BGRCentralNet Value$13.175.92Price$10.70…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Dow settles after early loss
With a dive of more than 200 points early in the report period of Sept.16-22, the Dow Jones Industrial average firmed up, showing three consecutive days of only modest gains and losses. The average st…
Summo buys Johnson Camp
Summo Minerals (SMA-T) has bought the Johnson Camp copper mine in southeastern Arizona from bankrupt Arimetco, a wholly owned subsidiary of Arimetco International, now de-listed from the Toronto Stock…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Precious, base metal stocks continue rebound
Looking for a little safety in today’s turbulent markets, investors continued to flock to mining, oil and forestry stocks during the Sept. 16-22 report period. The TSE’s gold and precious metals sub-i…
DIAMOND PAGE — Pipe A-180 in Canada’s North keeps Aber upbeat
For the year to date, Pipe A-180 has yielded the best results from the Diavik Diamonds block of properties in the Northwest Territories, reports Aber Resources (ABZ-T).The most encouraging value deriv…
Homestake sweetens deal for Prime Resources
Homestake Mining (HM-N) has upped the ante for the remaining 49.6% of Prime Resources (PRU-T).According to an agreement reached by the board of directors of each company, Homestake will grant Prime’s …