The Vancouver Stock Exchange composite index lost 14.98 points, or 2.5%, to close the report period ended June 9 at 573.81. The mining index slid 19.16 points, or 4.3%, to finish at 422.60. Meanwhile,…
With the help of IBK Capital, Golden Phoenix Minerals (GPXM-O) is raising up to US$3.5 million in equity financing, most of which will be used this year to fund exploration on its principal properties…
Wednesday June 10, 1998Price (US)Week’s ChangeGold*$294.15+ $0.80Silver*$ 5.36…
Settlement prices for London Metal Exchange spot metal and three-month contracts, June 9/98 (US$ per tonne):MetalsCash Price3 Month Price…
Although Nevada miner Getchell Gold (GGO-T) posted a substantial first-quarter loss, reserve expansion at its namesake mine, ongoing construction at the Turquoise Ridge project and hedging leave it we…
The Toronto Stock Exchange was held within a narrow trading range over the June 3-9 report period, with the TSE 300 composite index rising marginally to 7,535.43 points. Both mining sub-groups fell sl…
Aluminium: LME settlements US$1,316, alloy US$1,250 per tonne (June 9/98).Antimony: Representative mid-market US$1,450 per tonne (June 9/98).Bismuth: Representative mid-market US$3.70 per lb. (June 9/…
Drilling by Southern Africa Minerals (SAF-T) has identified four kimberlites at its Mosomane concession in Botswana.The discoveries were made 50 km north of Gaborone, beneath the sands of the Kalahari…
Partners Amax Gold (AU-N) and X-Cal Resources (XCL-T) have signed an operating agreement for the exploration and development of the Sleeper gold project in northern Nevada.X-Cal, the operator of the 5…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 8/98 (change from June 1 in brackets):MetalStocks(tonne)Change…
Short positions outstanding at May 31, 1998Larger individual positions include:Abacan Resource 274,619; Aber Resources 108,900; Abitibi-Consolidated 367,927, down 436,300; Agnico-Eagle Mines 178,150, …
Adex MiningAlta GoldAmax GoldAmericomm ResourcesAMT International MiningAnaconda NickelAnglo AmericanAntares Mining & ExplorationAnvil Range MiningArgentina GoldArizona Star ResourceAsarcoAtapa Minera…
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