GOLD FUNDS (April 12, 1999)
Gold Funds as of April 1, 1999BGRCentralNet Value$13.445.70Price$9.30$5.8…
News
MINING MARKETS & INVESTMENT NEWS — Richmont to buy own stock
Montreal-based Richmont Mines (RIC-T) intends to repurchase shares for cancellation. The Toronto and Montreal Stock Exchanges have accepted the company’s normal course issuer bid, which began March 24…
Hecla buys La Camorra from Monarch
Hecla Mining (HL-N) has signed a letter-of-agreement to pay US$15 million in cash and US$13 million in shares for the La Camorra gold mine in southeastern Venezuela and all remaining assets held by Mo…
GREATEST VALUE TRADED, Mar. 31-Apr. 6
ExchgVal($000s)HighLowCloseChangeBarrick GoldT138…
COAL, URANIUM & OIL SANDS — Boliden to restart Los Frailes
Having obtained the necessary permits, the Spanish subsidiary of Boliden (BOL-T) is gearing up to resume mining operations at the Los Frailes zinc mine near Seville, Spain.Operations were suspended al…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Royal Oak approaches day of reckoning
The precious and base metals markets were relatively quiet during the holiday-shortened March 31-April 6 report period, with the biggest change seen in gold prices, which rose 45 cents to US$280.25 pe…
PRODUCER & DEALER PRICES (April 12, 1999)
Antimony: Representative mid-market US$1,290 per tonne (April 6/99).Bismuth: Representative mid-market US$3.25 per lb. (April 6/99).Cadmium: Representative mid-market US$0.23 per lb. (April 6/99).Chro…
PEOPLE – Silver Peak
Brent Slobodian appointed director.
PEOPLE – Ridel
David Stelck appointed director.
PEOPLE – Northern Orion
Anthony Walsh appointed interim president, CEO and director.
PEOPLE – Newcoast
Donald Shilton appointed president and director, and Gregory Myers appointed secretary.
PEOPLE – Mountain Province
P.N. Geer appointed director.