MINING MARKETS & INVESTMENT NEWS — NAME CHANGE (October 05, 1998)
Navarre Resources (NRV-V) has changed its name to Ameridex Minerals (AMD-V) on a 1-new-for-13.8-old-share basis.
News
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Yorkton eyes potential junior performers
Negative market sentiment has left many Canadian junior resource companies near historic lows, with a good number trading below their cash break-up value. Retail analysts Douglas Leishman and Art Ettl…
SPOT PRICES (October 05, 1998)
Wednesday September 30, 1998Price (US)Week’s ChangeGold*$294.10+$6.10Silver*$ 5.39…
MINING MARKETS & INVESTMENT NEWS — VSE composite, mining indices stand fast
Despite finishing the Sept. 29 report period on a downturn, western markets managed to hold on to some of the gains made earlier in the week. The Vancouver Stock Exchange composite index closed up 2.8…
NAME CHANGE (October 05, 1998)
Legion Resources (LGN-V) has changed its name to Earl Resources (ERL-V) on a 1-new-for-2-old-share basis.
GREATEST VALUE TRADED (October 05, 1998)
ExchgVal($000s)HighLowCloseChange.ZSBarrick GoldT…
MINING MARKETS & INVESTMENT NEWS — Golds flex muscle in jittery markets
Attention during the report period Sept. 23-29 was focused on Washington, D.C., where the U.S. Federal Reserve Board dropped the influential federal-funds rate to 5.25% from 5.5%. The move was designe…
METAL PRICES (October 05, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateSept. 29Sept. 28Sept. 25Sept…
Meetings (October 05, 1998)
Oct. 7, Tapestry Oct. 8, Contintal Res. Oct. 8, Talisman Oct. 9, Cons. Alliance Oct. 9, Lassie Red Lake Oct. 9, Tiger Oct. 13, Icelandic Oct. 13, Tullaree Oct. 14, Loubel Oct. 14, Mar-West Oct. 14, Un…
LME WHSE LEVELS (October 05, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept. 29/98 (change from Sept. 22 in brackets):MetalStocks (tonnes)Change…
GOLD FUNDS (October 05, 1998)
Gold Funds as of September 24, 1998BGRCentralNet Value$13.485.96Price$10.35…
NEWS ROUNDUP — Gold zone grows at Kavola East
Soil sampling by Indo Pacific Resources (IPF-A) at its Kavola East gold zone in Papua New Guinea has extended the area of mineralization.Situated on the New Britain licence, the Kavola East zone was e…