GREATEST VALUE TRADED (August 23, 1999)
August 11-17, 1999CompanyExchgValue($000s)HighLowCloseChangeReyn…
News
Low gold prices take toll on Glamis
Low gold prices caused Glamis Gold (GLG-N) to rack up a US$2.7-million loss in the recent second quarter (or 3 cents per share), compared with a loss of US$131,000 (nil per share) in the corresponding…
INVESTMENT COMMENTARY — Tan Range gets nod for African exposure
Since Barrick Gold (ABX-T) acquired the Bulyanhulu gold deposit in Tanzania last year, mining analysts have been keeping a close eye on juniors holding ground in the surrounding region.Among the junio…
Eagle Plains dips into Dragon Lake
Junior Eagle Plains Resources (EPL-A) has begun 300 metres of diamond drilling at its Dragon Lake property in south-central Yukon, 85 km northeast of Ross River.The property, which has already been su…
MINING MARKETS & INVESTMENT NEWS — Eastern Marktes — Miners relieved as gold breaks US$260 barrier
The Aug. 11-17 report period saw continuing strength from gold, with spot prices shooting up US$4.60 to US$261.50 per oz. on the London morning fix of Aug. 18.Over the week, the World Gold Council ann…
Bulk sample results add lustre to Hearne pipe in NWT
A 469-tonne bulk sample of the Hearne kimberlite pipe in the Northwest Territories has yielded 846 carats, for an average grade of 1.8 carats per tonne.The pipe is on the AK property, which, together …
Meetings (August 23, 1999)
Aug 23 AltagemAug 23 DonnerAug 23 InterstarAug 23 SpokaneAug 23 StarrexAug 24 AmeridexAug 24 Cons. ShoshoniAug 24 Grand OakesAug 25 Booker GoldAug 25 Klondike GoldAug 25 MossAug 25 PanterraAug 26 Cons…
Campbell may restart Santa Gertrudis
Continued exploration success is prompting Campbell Resources (CCH-T) to consider restarting limited open-pit, heap-leach gold mining at its Santa Gertrudis property in Sonora state, Mexico.Production…
Taseko acquires Gibraltar
Taseko Mines (TKO-V), a member of the Hunter-Dickinson group, has completed its acquisition of the now-dormant Gibraltar mine from Boliden (BOL-T).Gibraltar is a large-scale, 37,000-tonne-per-day open…
High River revises Taparko
Independent consultants have attached a new resource to the Taparko gold project of High River Gold Mines (HRG-T).Situated in eastern Burkina Faso, Taparko is now believed to contain six zones, known …
WMC proves up Tiriruniak
Infill drilling is confirming the continuity of the Tiriruniak zone at the Meliadine West gold project near Rankin Inlet in Nunavut.Meliadine West is a three-way partnership among WMC International, w…
Wheaton River runs red
Slipping revenue and sluggish season-opening production from the Golden Bear heap-leach gold mine in northern British Columbia combined to keep Wheaton River Minerals (WRM-T) in the red in the latest …