GREATEST VALUE TRADED, October 6-12
ExchgVal($000’s)HighLowCloseChangeAlcoa*N538848…
News
MINING MARKETS & INVESTMENT NEWS — US MARKETS — Gold, copper slide
The Dow Jones industrial average finished the holiday-shortened report period ended Oct. 12 up 16,47 points, or 0.16%, after a 230-point loss on the last day, closing at 10,417.06.Gold companies fell …
Magadan pumps cash into mining operations — Production can’t keep pace with 1998 output
Regional officials in the prolific gold and silver region of Magadan, in northeastern Russia, have approved the financing of 11 upgrade and construction projects to the tune US$631.6 million.The news …
TSE INDICES (October 18, 1999)
1999Oct. 12Oct. 11Oct. 8Oct. 7Oct. 6HighLowCompos…
PRODUCER & DELAER PRICES
Antimony: Mid-mkt US$1,180/t.Bismuth: Mid-mkt US$4.55/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65/t.Cobalt: Recent trades US$15.00-18.00/lb.Copper: Comex Dec. US$0.787/lb.Indium: Indiu…
PEOPLE — AGX Res.
Katherine MacDonald, Court Fraser and Gary MacDonald appointed directors.
NAME CHANGE (October 18, 1999)
Anatares Mining & Exploration (ANZ-T) has changed its name to Caussa Capital (CAU-T).
Melkior explores in NW Quebec
With gold on the mend, junior Melkior Resources (MKR-M) has resumed exploration at its Launay property in northwestern Quebec.The company is conducting a $500,000 program of geochemistry and drilling …
Navigator closes $1m financing
Junior Navigator Exploration (NVR-A) has completed a $1-million private placement consisting of 4 million units priced at 25 cents each.A unit consists of one share and one warrant entitling the holde…
DIAMOND PAGE — Kimberlite sill outlined
Drilling at the Back Lake diamond project, 100 km south of Lac de Gras in the Northwest Territories, has traced the Munn Lake kimberlite sill for 1.3 km along strike.Partners Island-Arc Resources (IAR…
Partners close mine purchase
Partners Golden Star Resources (GSR-T) and Australian-listed Anvil Mining have bought the Bogoso gold mine in Ghana’s Ashanti trend.The companies will make an initial combined payment of US$6.5 millio…
Workshops to prime miners, suppliers for China trade mission
A workshop on business opportunities and private investment in China’s mining and minerals industry will be held Oct. 21 at the Hilton Toronto Airport Hotel, three months before a Canadian trade deleg…