The Dow Jones Industrial average jumped nearly 150 points on July 15 to push the average to an all-time high. For the report period ended July 14, the Dow Jones climbed 160.50 points (1.8%) to close a…
Seldom do we have the opportunity and privilege to pay tribute to a real “old timer.” Robert Ekloff was such a man.I recently read in the paper of his passing, at 97 years of age, and my mind went bac…
Wednesday July 15, 1998Price (US)Week’s ChangeGold*$292.80- $1.55Silver*$ 5.32…
With drill results pending, Atna Resources (ATN-T) is encouraged by the degree to which it is expanding the Wolf polymetallic property in southeastern Yukon.Of the 10 holes completed to date, eight ha…
Aluminium: LME settlements US$1,265.50, alloy US$1,195 per tonne (July 7/98).Antimony: Representative mid-market US$1,375 per tonne (July 7/98).Bismuth: Representative mid-market US$3.60 per lb. (July…
Gold Funds as of June 25, 1998BGRCentralNet Value$13.85$6.02Price$10.10$5…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at July 6/98 (change from June 29 in brackets):MetalStocks(tonnes)Change…
With China’s mining industry (along with many other sectors) rapidly becoming more like those of Western nations, Denver-based General Minerals (GNM-T) is seizing the opportunity to pick up prospectiv…
Tucson, Ariz.-based AMT International Mining (AAI-T) has arranged to buy out Copper Creek partner Broken Hill Proprietary (BHP-N).To earn the Australian-based major’s 50% stake in a 1,680-acre portion…
Despite troubles at home and a depressed nickel market, Inco (N-T) is making strides in expanding its Soroako nickel operations on the island of Sulawesi in Indonesia.Inco has been in commercial produ…
Having raised $4.5 million in a private financing, Princess Resources (PRL-V) has renewed a drill program at the Da Fang gold-silver property in China’s Hunan province. The program is expected to tota…
While some companies are licking their wounds after an unhappy Indonesian experience, Borneo Gold (BNO-V) has started a 5,500-metre drilling program on its Bunut gold prospect with cautious optimism.B…
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