DIAMOND PAGE — NAME CHANGE (April 26, 1999)
Chandeleur Bay Production (CYJ-V) has changed its name to Golden Raven Resources (GVN-V) on a 1-new-for-7-old-share basis.
News
LETTERS TO THE EDITOR — Band-Ore takes mines minister to task
Dear Chris Hodgson:The recent actions of the Ontario government with their “Lands For Life” policies appall me and my shareholders. The government has enacted a policy during the worst business cycle …
GOLD FUNDS (April 26, 1999)
Gold Funds as of April 15, 1999BGRCentralNet Value$13.595.62Price$9.30$5.
DIAMOND PAGE — Afridi Lake proves barren
Drilling by Pinewood Resources (PNW-V) at a property in the Afridi Lake area of the Northwest Territories has failed to encounter any kimberlite.Prior to drilling, the Vancouver-based junior evaluated…
Westward to start program
An option deal will enable Westward Explorations (wwe-v) to earn from Cameco (CCO-T) a 51% interest in the Los Caballos property in Argentina.Cameco identified Los Caballos, which lies near the Chilea…
Copper Ridge gains ground from Kinross
Copper Ridge Explorations (KRX-T) has entered into an agreement to acquire from Kinross Gold (K-T) five mineral properties in the Yukon, Alaska and Arizona.The Vancouver-based junior will lay claim to…
Nasdaq halts trading as Alta files for bankruptcy
With trading of its shares halted, Alta Gold (ALTA-Q) has filed for bankruptcy protection.The Nevada-based gold producer hopes to restructure US$29 million in outstanding debt as well as US$4 million …
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Royal Oak Mines slides into receivership
The bell finally tolled for Royal Oak Mines, as the civil court in Ontario withdrew the company’s protection from creditors and placed the company’s assets in the hands of a receiver. The receiver wil…
Drilling begins at Doyle Lake
Five target areas in Blob Lake, at the Doyle Lake diamond project in the Northwest Territories, have been selected for drilling.Doyle Lake is a 60-40 joint venture between Gerle Gold (GGL-V) and Monop…
TSE INDICES (April 26, 1999)
1999Apr. 20Apr. 19Apr. 16Apr. 15Apr. 14HighLowCom…
TSE SHORTS (April 26, 1999)
Short positions outstanding at April 15, 1999Larger individual positions include:Abitibi-Consolidated 399,719, down 557,059; Alcan Aluminium 764,997, down 80,907; American Gem 849,827; Barrick Gold 5,…
GREATEST VALUE TRADED, April 14-20, 1999
ExchgVal($000s)HighLowCloseChangeInco LtdT359725…