Rayrock boosts reserves
Rayrock Resources (RAY-T) has boosted reserves at its three open-pit gold mines in Nevada and at its copper mine in Chile.Combined, the 66.6%-held Marigold and wholly-owned Dee and Daisy gold mines no…
News
Teck options three Chilean properties
Teck (TEK-T) will form joint ventures with General Minerals (GNM-T) on three copper projects in central Chile.The Vancouver-based major can earn a 60% interest in General Minerals’ Productura copper-g…
GOLD FUNDS (February 08, 1999)
Gold Funds as of January 28, 1999BGRCentralNet Value$13.685.88Price$8.75$…
LME WHSE LEVELS (February 08, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Feb. 2/99 (change from Jan. 26 in brackets):MetalStocks (tonnes)Change…
U of T offers remote-sensing course
A short course on remote-sensing in mineral exploration will follow this year’s convention of the Prospectors and Developers Association of Canada, in Toronto.The course, to be held March 19-20 at the…
SPOT PRICES (February 08, 1999)
Feb. 3, 1999Courtesy of ScotiabankPrecious MetalsPrice (US/oz)ChangeGold$287.55+$1.65Sil…
THE NORTHERN MINER — North American Mining Index (February 08, 1999)
85.64 (-0.97)
THE NORTHERN MINER –Small Producers Index
80.71 (-2.82)
Madison also eyes property’s placer potential
Junior Madison Enterprises (MNP-V) has released more encouraging drill results from the Mt. Kare gold project in Papua New Guinea.Diamond drilling has expanded the Black Zone area, resulting in the di…
Ashanti produces record amount of gold
Ashanti Goldfields (ASL-N) surpassed all its production and cost targets for 1998 on the strength of a banner fourth quarter.The company racked up 1.55 million oz. in gold production for the year (a 3…
NAME CHANGE (February 08, 1999)
Consolidated Richland Mines (CRX-V) has changed its name to Apogee Minerals (APE-V).
PRODUCER & DEALER PRICES (February 08, 1999)
Aluminium: LME settlements US$1,207.50, alloy US$1,033 per tonne (Feb. 2/99).Antimony: Representative mid-market US$1,365 per tonne (Feb. 2/99).Bismuth: Representative mid-market US$3.05 per lb. (Feb….