MOST ACTIVE ISSUES, May 12-18, 1999
ExchgVol(000s)HighLowCloseChangeSikaman GldT10756…
News
GOLD FUNDS (May 24, 1999)
Gold Funds as of May 13, 1999BGRCentralNet Value$13.925.69Price$9.40$5.70…
SPOT PRICES (May 24, 1999)
Precious MetalsPrice (US)ChangeGold$272.85-$5.15Silver$ 5.29-$0.11…
Placer head to speak at Elko Mining Expo
Mining in foreign jurisdictions will be discussed by John Willson, president of Placer Dome, at the 14th annual Elko Mining Expo, to be held in Elko, Nev., from June 16 to 19.Willson will be one of se…
CIM meeting to feature Teck’s Antamina copper project
Michael Lipkewich, senior vice-president of mining for Teck, will discuss development of the Peruvian copper-zinc project known as Antamina on May 27 at a luncheon sponsored by the Vancouver branch of…
EDITORIAL & OPINION — COMMENTARY — Platinum undervalued
Some observers are questioning whether platinum prices can rise much above what they are today. Platinum reached a low of US$336.40 per oz. in October 1998 but since that time has traded between US$34…
EDITORIAL & OPINION — FBI unlikely to fare better than Mounties — The unpunishable crime
The Royal Canadian Mounted Police are famous for getting their man, but not this time. They didn’t get John Felderhof, the multi-award-winning senior geologist at the Busang property in the jungles of…
NEWS ROUNDUP — IG ponders expansion in Myanmar
Singapore-based Indochina Goldfields (ING-T) is investigating the possibility of expanding the S&K copper mine in Myanmar.The company says it would cost US$7.5 million to boost production by about 40%…
Vengold tables loss, responds to criticism
Saddled with a US$115-million debt load and a first-quarter net loss of US$16.7 million, Vengold (VEN-T) found itself facing some criticism from shareholders at its annual meeting in Vancouver.Several…
Manhattan wins approvals
It was a long time coming, but Manhattan Minerals (MAN-T) has finally received all necessary government approvals to begin exploration on the Tambo Grande mining concessions in northern Peru.The Peruv…
Taseko poised to close deal for Gibraltar copper mine
Hunter-Dickinson-led Taseko Mines (TKO-V) has entered into an agreement with Boliden (BOL-T) to acquire the Gibraltar copper mine, near Williams Lake in central British Columbia.Gibraltar is a large-s…
Newmont’s Batu Hijau nears completion
The huge Batu Hijau copper-gold mine on the Indonesian island of Sumbawa is 90% complete and due to enter production in the fourth quarter. Commercial production is expected to follow in the first qua…