COMMENTARY — An historic juncture for gold
Twenty-three years ago, on New Year’s Eve, 1974, it finally became legal for Americans to buy gold.Ironically, just a few days earlier, on Christmas Day, all three gifts presented by the Magi to the n…
News
The year of trading dangerously
Metal prices in 1997 were satisfactory until the summer, when oversupply and a sagging Asian economy began to drive down the price of most precious and base metals.* Gold rang in 1997 at a spot price …
Meetings (January 05, 1998)
Jan. 5, September ResourcesJan. 5, QuattroJan. 5, WestmountJan. 6, Abx ResourcesJan. 6, Hera ResourcesJan. 7, Canadian MountainJan. 7, Golden TigerJan. 7, Oro BravoJan. 7, StarcoreJan. 8, FjorlandJan….
LETTER TO THE EDITOR — Prospector subject of search
A few years ago, there was a story on the television program “Unsolved Mysteries” about Dan Willans, an Ontario prospector who died. He left some money behind, but had no known heirs or relatives. The…
GREATEST VALUE TRADED, Dec. 18-24
ExchgValue(000’s)HighLowCloseChangeBarrick GoldT1…
MOST ACTIVE ISSUES, Dec. 18-24
ExchgVolume(000’s)CloseBarrick GoldT673827.85Placer DomeT…
SPOT PRICES (January 05, 1998)
Gold Funds as of Monday, December 29, 1997Price (US)Week’s ChangeGold*$293.90+ $3.45Silver*…
STOCK MARKETS — Gold price sends TSE issues soaring — Base metal stocks just as flat as
the broad marketAs a wheezy Toronto Stock Exchange staggers to its 1997 finish line, the gold issues are showing signs of life, propelled by a modest recovery in the price of the yellow metal.That mut…
LME WAREHOUSE LEVELS (January 05, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.24/97 (change from Dec. 19 in brackets):MetalStock(tonnes)Change…
Gold, base metals remain exploration standbys in 1997
Metals exploration activity in Canada continued apace in 1997, and mineral hunters were just likely to be searching for base metals as for gold.Ontario’s Timmins camp drew explorers like bees to honey…
Pace of discovery in the U.S. falls during the year
The number of mineral discoveries in the U.S. during 1997 is down from last year, though Alaska and Nevada continue to provide the best hunting ground.One of the highlights of the year came from Grayd…
PRODUCER AND DEALER PRICES (January 05, 1998)
Aluminium: LME settlements US$1,488, alloy US$1,360 per tonne (Dec. 22/97).Antimony: Representative mid-market US$1,550 per tonne (Dec. 29/97).Bismuth: Representative mid-market US$3.35 per lb. (Dec. …