ODDS ‘N’ SODS — On top of the world, Part 2
.BBS.J. HUNTERJack Zucco, my boss at the Red Rose tungsten mine in mountainous northern British Columbia, was a meticulous leader and task-master who wisely moved me from job to job to make me adaptab…
News
STOCK MARKETS — Composite index remains flat on western markets — Hixon takes plunge as trading resumes; Kalahari rises
The Vancouver Stock Exchange composite index remained flat over the report period ended Aug. 19, closing at 833.59, down 0.71 point. The mining index was off 3.89 points, or 0.5%, at 750.04.The combin…
TORONTO STOCK EXCHANGE INDICES (August 25, 1997)
1997 –Aug 19Aug 18Aug 15Aug 14Aug 13HighLowCompo…
STOCK MARKETS — TSE lives through another selloff — Metals and golds keep sinking as
broad market recoversLike its counterparts around the world, the Toronto Stock Exchange was hit by a correction on Aug. 15. But the TSE 300 composite index rallied on Aug.19 to recover most of the los…
Cameco inks Russian deal
Three parties — Cameco (CCO-T), Paris-based Cogema and privately held Connecticut-based uranium trader Nukem — have signed anagreement-in-principle with the Russian Federation to buy uranium taken f…
Mines pour first gold
Two mines in separate parts of Canada celebrated their first gold pours recently.Rea Gold (REO-T) announced that the Bissett gold mine in eastern Manitoba is now hoisting and milling ore. The first go…
MOST ACTIVE ISSUES, August 13-19
ExchgVolume(000s)CloseMeridian GoldT54536.45Eldorado GoldT…
Ventures seeks opportunity in southwestern Alaska
Having terminated its exploration project in Eritrea, East Africa, Ventures Resources (VRS-V) is focusing all of its efforts on Alaska.The company recently released the first batch of drill results fr…
Kazakstan kills Gold Pool contract
Things are getting ugly in Kazakstan: Just weeks after cancelling World Wide Minerals’ (WWS-T) contract to manage uranium operations in Stepnogorsk, the Kazakstani government’s State Property Departme…
LME WAREHOUSE LEVELS (August 25, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Aug.18/97 (change from previous week in brackets):MetalStocks(tonnes)Change…
Mispec to launch resource calculation
Drilling by Mispec Resources (MPE-M) at its Jampang gold project in West Java, Indonesia, continues to return impressive results.In the latest program, the company completed 4,000 metres in 28 reverse…
FACTS ‘N’ FIGURES — Bullish future for aluminum
The most important feature of the aluminum market during recent months has been the rapid drawdown of the visible exchange and producer-held stocks. The decline has been supported by a strong recovery…