TORONTO STOCK EXCHANGE INDICES (March 30, 1998)
1998Mar.24Mar.23Mar.20Mar.19Mar.18HighLowComposit…
Articles by Northern Miner Staff
METAL PRICES – Daily Metal Prices (March 30, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMar. 24Mar. 23Mar. 20Mar. 19Mar…
Regal loses Barren challenge
Management of Regal Goldfields (REGL-C) is considering its options after the Supreme Court of Nova Scotia ruled that the province’s natural resources ministry acted lawfully when it restricted explora…
Noveder hits copper-gold at Baie Verte property
Geophysical surveys carried out on Newfoundland’s Baie Verte Peninsula have confirmed the presence of copper-gold mineralization at the Cabot project of Noveder (NED-M).The program outlined a surface …
GREATEST VALUE TRADED, Mar. 18-24
ExchgVol(000’s)HighLowCloseChangeBarrick GoldT195…
LME WAREHOUSE LEVELS (March 30, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.24/98 (change from Mar. 17 in brackets):MetalStock(tonnes)ChangeAluminium547250(-5200)Copper352250(-2775)Lead98100(-560…
Indo Pacific raises funds
A rights offering is expected to provide Indo Pacific Resources (IPF-A) with the funds necessary to begin exploring a large land package in Papua New Guinea (PNG).If the offering is fully subscribed, …
Cross Lake hits more sulphides at Sheraton
Four more drill holes on the Sheraton Twp. property of Cross Lake Minerals (CRN-V) have intersected copper and zinc mineralization.Drilling on the property, 40 km east of Timmins, Ont., has recently c…
Western Copper agrees to a $3-million loan from Teck
A previously announced $5-million financing with Canaccord Capital has been terminated by mutual consent and, instead, Western Copper Holdings (WTC-T) has arranged for a loan of up to $3 million with …
CORRECTION (March 30, 1998)
In the March 16-22 issue of The Northern Miner, the reserve estimate for the El Sauzal gold project of Francisco Gold (FGX-V) should have read 47 million tonnes averaging 3.22 grams gold per tonne.
International Curator closes financing
International Curator Resources (IC-T) has closed a private placement of 3 million shares at 84 per share, for gross proceeds of $2.5 million.The net proceeds will be used to fund the ongoing feasibi…
SUPPLIERS NEWS ROUNDUP — Scintrex buys Auslog
Geophysical instrument firm Scintrex has entered into a definitive agreement to acquire Australian-based Auslog, a leading manufacturer of borehole geophysical instruments.The transaction is expected …