Kit devalues George Lake
Junior Kit Resources (KIT-T) plunged deeper into the red in 1997.The Alberta-based company reported a loss of $23.7 million (or 76cents per share) for the twelve months ended Dec. 31. This compares wi…
Articles by Northern Miner Staff
Companies (April 20, 1998)
Almaden ResourcesAmax GoldAnzex ResourcesArchangel DiamondAshton Mining of CanadaAsia Pacific ResourcesAvminBarrick GoldBattle Mountain GoldBema GoldBHP MineralsInternationalBirim GoldfieldsBlack Hawk…
Almaden expands Mexican portfolio
Almaden Resources (AMH-V) is no stranger to Mexico after having discovered the La Trinidad gold deposit in Sinaloa. Still enamored with the country’s mineral potential, the Vancouver-based junior has …
FINANCINGS (April 20, 1998)
IMA Resource (iru-v) has arranged a private placement of up to 2.5 million units at 40 each, for gross proceeds of up to $1 million.Each unit will consist of one share and one warrant to purchase an …
MINING MARKETS AND INVESTMENT NEWS — Investment Commentary — Poplar’s diamond foray garners attention from analyst
The exploration activities of Poplar Resources (PPX-V) have caught the eye of Canaccord Capital’s resident diamond expert, David James. The junior has been exploring for diamonds in Finland and Sweden…
GOLD FUNDS (April 20, 1998)
Gold Funds as of April 9, 1998BGRCentralNet Value$16.13$6.50Price$12.20$6…
TORONTO STOCK EXCHANGE INDICES (April 20, 1998)
1998Apr. 14Apr. 13Apr. 10Apr. 9Apr. 8HighLowCompo…
METAL PRICES – Daily Metal Prices (April 20, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateApr. 14Apr. 13Apr. 10Apr. 9Apr.
SPOT PRICES (April 20, 1998)
Wednesday, April 15, 1998Price (US)Week’s ChangeGold*$308.35- $1.40Silver*$ 6.24…
NEWS IN BRIEF (April 20, 1998)
Denstone Resources (DST-V) has changed its name to Denstone Minerals (DSL-V) on a 1-new-for-2-old-share basis.
DIAMOND PAGE — Crown pipe yields more diamonds for Rupert
A delineation drilling program at the former-producing Crown diamond mine in South Africa is providing Rupert Resources (RUP-V) with a better understanding of the mine’s deep-seated kimberlite pipe.Wi…
PRODUCER AND DEALER PRICES (April 20, 1998)
Aluminium: LME settlements US$1,418.5, alloy US$1,276 per tonne (Apr.14/98).Antimony: Representative mid-market US$1,565 per tonne (Apr. 9/98).Bismuth: Representative mid-market US$4.05 per lb. (Apr. …