SPOT PRICES (October 11, 1999)
Precious MetalsPrice (US$/oz.)ChangeGold$325.00+ $7.75Silver$ 5.47- $0.24…
News
TSE introduces stricter listing requirements
Under rules revised to eliminate inactive or poorly performing listings, resource companies trading on the Toronto Stock Exchange must boost minimum exploration or development budgets by $100,000, to …
GOLD FUNDS (October 11, 1999)
Gold Funds as of September 30, 1999BGRCentralNet Value$14.776.03Price$10.70…
Rimfire outlines anomalies in Alaska
Rimfire Minerals (RFM-V) and Western Keltic Mines (WKM-V) have identified three prospective gold zones on their jointly owned properties in east-central Alaska.The juniors are targeting gold mineraliz…
Base metal output strong as gold drops between periods
Canadian production of nickel, lead, primary zinc, silver and uranium was up between July 1998 and July 1999, while output of copper, gold, and refined zinc was down.The statistics shown below were co…
Asarco explores West Fissure
An agreement with Southwestern Gold (SWG-T) allows a unit of Asarco (AR-N) to earn a 51% interest in the West Fissure copper project in central Chile.The property comprises 58,000 ha in the main West …
COMMENTARY — Platinum jewelry sales on rise
During the past two decades, global demand for platinum has surged.Applications using platinum are widespread in automobiles, fuel cells, electronic components, catalysts, medicine and jewelry.Johnson…
EXCHANGE RATES (October 11, 1999)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 5Oct. 4Oct. 1Sept. 30Sept. 29…
GREATEST VALUE TRADED (October 11, 1999)
ExchgValue ($000s)HighLowCloseChangePlacer DomeT9…
TSE INDICES (October 11, 1999)
1999 — DateOct. 5Oct. 4Oct. 1Sep. 30Sep. 29HighLow…
Platexco eyes PGM property
Platexco (PTX-T) is conducting a US$1.7-million bankable feasibility study at its Winnaarshoek platinum- palladium-rhodium-gold property on the eastern limb of the Bushveld igneous complex in South Af…
Gov’ts open Nunavut geoscience base — Office part of federal effort to support northern mineral projects
A new geoscience centre in Iqualuit, Nunavut, will be instrumental in helping that region discover and exploit its mineral potential, say the three government partners involved in the project.Natural …