Echo Bay takes another loss on chin
Echo Bay Mines (ECO-T) reported a substantial loss for the second quarter of 1997.The Denver-based company lost US$20.7 million during the 3-Month period ended June 30, compared with a loss of US$14.6…
News
Greatest value traded, July 23-29
ExchgValue($000s)HighLowCloseChangeInco LtdT16605…
DIAMOND PAGE — Magino envisaged as big low-grade target
Low gold prices closed the Magino mine, 40 km northeast of Wawa, in 1992, and now Golden Goose Resources (GGR-T) is hoping that some new geological thinking may warrant a reopening.Golden Goose, which…
ODDS ‘N’ SODS — That sinking feeling
Back in the 1950s, when we were kids in the northern Ontario mining town of Chaput Hughes, near Kirkland Lake, we spent more time roaming the local woods than we spent at home.We could be found either…
DIAMOND PAGE — Trivalence reports sale of gems
Diamond producer Trivalence Mining (TMI-V) recently completed its third gem sale of 1997, in Conakry, Guinea.A parcel containing 3,034 carats of rough diamonds was sold for US$1.7 million at the avera…
Most active issues, July 23-29
ExchgVol(000s)CloseBarrick GoldT517830.95Inmet MiningT…
Spot Prices (August 04, 1997)
Wednesday, July 30, 1997Price (US)Week’s ChangeGold*$326.40+ $2.05Silver*$ 4.36…
Toronto Stock exchange indices
1997July 29July 28July 25July 24July 23HighLowCom…
Court clears Glimmer Res. sale
Under a Canadian court action, the sale of Glimmer Resources (GME-V) may proceed.The General Division of the Ontario Court ruled that the right of first refusal in the Glimmer mine joint-Venture agree…
STOCK MARKETS — Junior plays help western markets recover from slump — Winspear, Mar-West and Stratabound among host of winning mining issues
The Vancouver Stock Exchange composite index closed up six points at 809.45 over the report period ended July 29, for a 0.7% gain. The mining index followed suit, rising 6.09 points, or 0.8%, to finis…
Metal prices — Daily Metal Prices
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJuly 29July 28July 25July 24J…
NDT takes shine to Staghorn results
Although the nickel values remain uneconomic, NDT Ventures (NDE-V) is encouraged by the latest drill data from its projects in Labrador.On Project 11-3, a joint venture with Essex Resource (ESX-V), ho…