GREATEST VALUE TRADED (August 31, 1998)
ExchgVal($000s)HighLowCloseChangeReynolds Met *N1…
News
Novicourt still in the black
Copper prices are not what they were a year ago, yet Novicourt (nov-t) continues to post profits from its share of production at the Louvicourt mine near Val d’Or, Que.The Noranda subsidiary holds a 4…
TSE raises listing standards — New rules increase asset requirements, size of public float
New listing requirements for mining and mineral exploration companies, announced this week by the Toronto Stock Exchange, have raised the technical and financial bars that a company must clear to gain…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — TVX adds operating muscle to face challenges in Greece
Mining analysts have been taking a closer look at TVX Gold (TVX-T) since the company took on new projects in Greece and beefed up its management team to address concerns about a lack of operating expe…
Kimberlites discovered in Wyoming
A kimberlite deposit has been found in the Iron Mountain district of Wyoming, about 55 km northwest of Cheyenne.The garnets recovered from the kimberlite were classified as either G9 and G10 following…
MOST ACTIVE ISSUES (August 31, 1998)
ExchgVol000s)HighLowCloseChangePlacer DomeT5554…
MINING MARKETS & INVESTMENT NEWS — QUERY — Juniors out of action
I hold common shares of Orecan Explorations and, having done some research, have found little information about the company. I would also like to know what happened to Canreos Minerals, and where this…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Gold producers shine despite market doldrums
The Toronto Stock Exchange 300 index plummeted 261.67 points to 6,256.01 during the report period Aug. 19-25, effectively wiping out all that was gained in the previous period.While the market started…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Resource stocks stagnate under Western malaise
The Vancouver Stock Exchange indices continued their downward spiral during the report period ended Aug. 25. The composite index lost 18.67 points, or 4.2%, to close the week at 430.41, while the mini…
METAL PRICES (August 31, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateAug. 25Aug. 24Aug. 21Aug. 20…
Record production keeps Nelson in black
Record gold production and lower cash costs at the Jilau gold mine in northwestern Tajikistan continue to keep Nelson Gold (NLG-T) profitable.The London, England-based company earned $421,000 during t…
JAG makes copper discovery
A regional exploration program by International Jaguar Equities (JAG-V) has resulted in the discovery of an area of extensive copper mineralization at the Lord River project in the Taseko Lakes area, …