The economic and currency crisis that has gripped Southeast Asia has had a significant adverse impact on gold demand in the region. Consumers purchases of gold in Thailand, Indonesia, Singapore, Malay…
The shorts laughed all the way to the bank and the longs cried over their losses.So sums up the range of emotions felt by fans and critics of Crystallex International (KRY-T) after a Venezuelan court …
A winter drilling campaign at the Meadowbank gold project of Cumberland Resources (CBD-T) has connected the Third Portage and North Portage zones, while extending the adjacent Bay zone northwards.The …
River Gold Mines (RIV-T) has acquired the Mishi Lake gold deposit near Wawa, Ont.The vendors, MacMillan Gold (MMG-T) and Mishibishu Gold (MGO-V), held 40% and 60% interests, respectively.River’s cost …
A preliminary report by a Spanish consulting firm suggests that the Los Frailes tailings dam near Aznalcollar, Spain, failed when a shear zone in the underlying rocks slipped.In a report to owner Boli…
In sports, bigger is often better, so it is fitting that the Royal Canadian Mint has made its new sport-themed silver coins the largest-ever legal tender Canadian coins.The four 10-oz. sterling silver…
At the annual meeting of Dayton Mining (DAY-T), dissident shareholder Manchester Securities succeeded in ousting Dayton Chairman Roland Horst and the entire board of directors.Before the votes were ca…
ExchgVol(000s)HighLowCloseChangePlacer DomeT6882…
Wednesday June 17, 1998Price (US)Week’s ChangeGold*$288.40- $5.75Silver*$ 5.28…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 8/98 (change from June 1 in brackets):MetalStock (tonnes)Change…
ExchgVal($000s)HighLowCloseChangeBarrick GoldT137…
Turmoil in the Asian markets sent the Dow Jones Industrial average down 384.63 points, or 4.2%, during the report period of June 10-16, including a drop of more than 200 points on June 15. The Dow clo…
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