TORONTO STOCK EXCHANGE INDICES (January 05, 1998)
1997Dec.26Dec.25Dec.24Dec.23Dec.22HighLowComposit…
News
Curator exercises option
Vancouver-based International Curator Resources (IC-T) has exercised its option to buy a 100% working interest in the Boleo copper-cobalt-zinc project in Baja California Sur, Mexico.The vendor retains…
Golden Star plans to acquire more shares of Pan African
Golden Star Resources (GSR-X) has offered to purchase all outstanding shares of subsidiary Pan African Resources (PARC-C) that it doesn’t already own.Golden Star intends to offer one Golden Star share…
Eden Roc to close Afema
Eden Roc Mineral (EDN-T) is suspending operations at its 68%-owned Afema gold mine in Ivory Coast as a result of depleted oxide reserves.Eden Roc has already halted mining, though leaching of stockpil…
Not a banner year for foreign exploration
Sobs clearly outnumbered shouts of “Eureka!” by a wide margin in 1997, a year in which some fine foreign exploration results were overshadowed by salted samples and depressed metal prices.The most dis…
Freeport eyes ground in Irian Jaya
Freeport McMoRan Copper & Gold (FCX-N) has signed a letter of intent to explore and acquire 1.2 million acres in Irian Jaya, Indonesia, currently held by Battle Mountain Gold (BMG-N).Freeport now hold…
Magadan gold producers struggle through 1997 — Output down but officials optimistic for future
The gold mines of Russia’s Magadan state didn’t perform as well as expected in 1997, according to a report released by The Magadan Regional Committee for Natural Resources.The report, which is part of…
Companies (January 05, 1998)
Aber ResourcesAntares Mining and ExplorationApex Silver MinesArizona Star ResourceAshton Mining of CdaAtapa MineralsAtna ResourcesBand-Ore ResourcesBattle Mountain GoldBema GoldBroken Hill Proprietary…
ODDS ‘N’ SODS — Arc welding comes of age
Arc welding has become a standard procedure in many fabrication processes, thanks in part to Bill White, who served as master mechanic at the Paymaster gold mine near Timmins, Ont., in the 1930s.White…
EDITORIAL — 1997 a walk on the wild side — Scams and skulduggery
Last year came in like a stampeding bull and went out like a lazy bear ready to hibernate. During the months in between, investors watched in horror as an assortment of scam artists unleashed a bag of…
STOCK MARKETS — Western markets end year with a whimper — Canadian juniors show little
signs of life over holiday periodVisions of sugar plums and the trials and tribulations of last-minute shopping appear to have dominated the time and attention of investors over the holiday period.Wes…
METAL PRICES — Daily Metal Prices (January 05, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateDec. 29Dec. 24Dec. 23Al Alloy13…