Thunderwood, Joutel propose merger
Thunderwood Resources (THS-T) and Joutel Resources (JTL-T) have agreed in principle to merge their assets.The proposed deal would see shareholders of each company receive one share of the merged compa…
News
NEW HORIZONS — Silver and DNA
Israeli physicists are developing a technique that allows DNA molecules to build electronic circuits, and are using extremely thin silver wires as bridges between the molecules.If the technique is per…
Trillion restructures debt on Ndarama
Kanata, Ont.-based Trillion Resources (TLG-T) has restructured its debt load regarding the purchase of the Ndarama gold mine in Zimbabwe.Trillion has entered into an agreement-in-principle for a US$6….
LETTER TO THE EDITOR — Canadian regulators should look to European examples
I read your articles about the new rules trying to protect investors from scams such as Bre-X Minerals and Delgratia Mining and was extremely surprised to find no reference of possible punishments.It …
Amex members approve NASD merger
The National Association of Securities Dealers (NASD) and the American Stock Exchange (Amex) are teaming up.Amex’s membership voted 622 to 206 in favor of joining the NASD family of companies. The com…
MINING MARKETS & INVESTMENT NEWS — Placer offers to buy out Lassie Red Lake
Placer Dome (PDG-T) intends to take over junior Lassie Red Lake Gold Mines (LRLG-C) by increasing its ownership to 100% from the current 47.3%.Lassie owns five gold exploration claims adjacent to Plac…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMETARY — Analyst looks for production boost at Nelson Gold’s operations
Gold projects in the former Soviet Union rarely deliver their riches to western companies without some associated heartache, but mining analyst Michael Jones of T. Hoare & Co. believes that Nelson Gol…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Dow tops 9,000; mining stagnates
The Dow Jones Industrial average climbed above the 9,000 mark during the holiday-shortened report period of July 2-7. The Dow gained 87.68 points (or 1%) to close at 9,085.04.There were no fireworks a…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Winspear continues to attract investors’ attention
The Vancouver Stock Exchange composite index shed 4.21 points, or 0.8% of its value, during the July 2-7 report period, closing at 527.99. The mining index finished at 384.87, down 4.89 points, or 1.3…
ASIA — Minco, Teck form JV for White Silver Mountain project
Teck (TEK-T) has agreed to option Minco Mining and Metals’ (MMM-V) 80%-owned polymetallic White Silver Mountain property in China’s Gansu province.In order to earn 70% of Minco’s interest, Teck is req…
MOST ACTIVE ISSUES (July 13, 1998)
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TSE INDICES (July 13, 1998)
1998July 7July 6July 3July 2July 1HighLowComposit…