Meetings (August 31, 1998)
Aug. 31, AranleeAug. 31, Canadian MonoAug. 31, GoldmaxAug. 31, GronarcticAug. 31, Porcher IslandAug. 31, Red EngineAug. 31, RichmarkSept. 2, CancorSept. 2, AquestSept. 2, CancorSept. 2, Cotton ValleyS…
News
Great Basin expands gold-silver system at Ivanhoe property
Partners Great Basin Gold (GBG-V) and Cornucopia Resources (CNP-T) have released more positive drill results from the Hollister area of the Ivanhoe property in north-central Nevada.The property compri…
Cluff Lake to shut down at turn of century
Saying that uranium prices are too low to sustain mining, Cogema Resources has moved up the anticipated closure of the Cluff Lake mine in northern Saskatchewan.The mine is now expected to close at the…
LETTERS TO THE EDITOR — Minister backs standards talks
In response to your editorial “Anyone Listening?” I am writing to assure your readers that the government is listening.As minister of northern development and mines, I am well aware of the importance …
MINING MARKETS & INVESTMENT NEWS — INSIDER TRADING — BMR insider off-loads shares
Published reports by the Ontario Securities Commission show that a director of BMR Gold (BGL-T) sold several blocks of shares in that company in June.Frank Varseveld sold 17,000 shares directly at 6 c…
EDITORIAL & OPINION — NEW HORIZONS — Holograms indebted to silver
To the eye, the color image is almost indistinguishable from the original object.Essential to the quality of the color holograms is the fine-grain, silver-halide film required to record the laser ligh…
Record gold production for Normandy
Australia’s largest gold miner broke several production records during its recently completed fiscal year.For the year ended June 30, 1998, Normandy Mining (NDY-T) produced 1.4 million attributable ou…
Fort Knox plans work program for Gunsite project in Alaska
A mapping and sampling program is under way at the Gunsite property, 90 miles north of Anchorage, Alaska, at the northwestern end of the historic Palmer gold mining district.The project was recently a…
Kimberlite eludes partners
No kimberlite was found during recent diamond drilling on the Kikerk Lake project, 500 km north of Yellowknife, N.W.T.Condor International Resources (COD-V) completed 11 core holes totalling 549 metre…
SPOT PRICES (August 31, 1998)
Wednesday Aug. 26, 1998Price (US)Week’S ChangeGold*$282.50-$3.25Silver*$ 4.97…
TSE SHORT POSITIONS (August 24, 1998)
Short positions outstanding at July 31, 1998Larger individual positions include: Barrick Gold 13,369,274, up 452,654; Birim Goldfields 0, down 129,500; Campbell Res 933,030, down 630,600; Greenstone R…
GOLD FUNDS (August 24, 1998)
Gold Funds as of Aug 13, 1998BGRCentralNet Value$12.86$5.90Price$9.50$5.6…