TSE INDICES (August 24, 1998)
Aug 18Aug 17Aug 14Aug 13Aug 12HighLowComposite 30…
Articles by Northern Miner Staff
Coal prices hit Hillsborough
The first six months of the year proved tough for Hillsborough Resources (HLB-T) in light of poor Asian economies, increased costs and lower coal prices.The company, which owns 63% of the Quinsam coal…
Tri Origin tests anomalies Down Under
Partners Tri Origin Exploration (TOB-T) and Delta Gold of Australia have identified new gold occurrences and intersections at their equally shared Calarie property in New South Wales.Three holes, 1, 2…
METAL PRICES (August 24, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)1998Aug. 18Aug. 17Aug. 14Aug. 13…
GOLD FUNDS (August 24, 1998)
Gold Funds as of Aug 13, 1998BGRCentralNet Value$12.86$5.90Price$9.50$5.6…
SPOT PRICES (August 24, 1998)
Wednesday Aug 19, 1998Price (US)Week’s ChangeGold*$285.75+$0.25Silver*$ 5.10…
TSE SHORT POSITIONS (August 24, 1998)
Short positions outstanding at July 31, 1998Larger individual positions include: Barrick Gold 13,369,274, up 452,654; Birim Goldfields 0, down 129,500; Campbell Res 933,030, down 630,600; Greenstone R…
MINING MARKET & INVESTMENT NEWS – INVESTMENT COMMENTARY — Anglogold leads the way in international gold sector
An African lion roared on Wall Street this summer to signal the arrival of Anglogold as the newest listing on the New York Stock Exchange. Simon Beardsmore, gold analyst with T. Hoare & Co., says the …
MINING MARKET & INVESTMENT NEWS — Nebex deal in jeopardy
An inability to raise required financing has placed Nebex Resources (NBT-T) in breach of a definitive agreement to acquire the Munelle base metal concession in Albania.The Calgary-based junior was una…
MINING MARKET & INVESTMENT NEWS — Mispec completes property deal
At a special meeting in mid-August, shareholders of Mispec Resources (MPE-M) voted to issue 20 million shares, thereby boosting ownership of the company’s Indonesian gold properties.Once completed, Mi…
SUPPLIERS NEWS ROUNDUP — Kvaerner named top engineer
Kvaerner has been named the world’s leading engineering firm in a list compiled by Engineering News-Record, a New York-based trade publication.The $10-billion, London-based company topped the list, en…
Colorado junior to focus on Alaskan prospects
A little-known private company has signed an exclusive option agreement with Doyon Limited, an Alaskan native corporation, for a 25-property package totalling more than 7 million acres in the state’s …