Meetings (December 14, 1998)
Dec. 14, Cabo Dec. 14, Concho Dec. 14, High Desert Dec. 14, Leader Dec. 14, Ontex Dec. 15, Aurogin Dec. 15, Barramundi Gold Dec. 15, Brownstone Dec. 15, Caldera Dec. 15, CKD Dec. 15, Cons. Texas Dec. …
News
Canadian output of silver, refined base metals climbs
Canadian production of copper, silver and refined nickel, lead and zinc increased between September 1997 and September 1998.However, output of gold and primary nickel, lead and zinc was down, as were …
NEWS ROUNDUP –Canmine buys associated company
Canmine Resources (CMR-T) has acquired Red Engine Resources, a private company partnered with Canmine at several properties in Ontario and Manitoba.The merger between the companies, which share a pres…
GREATEST VALUE TRADED (December 14, 1998)
ExchgVal($000s)HighLowCloseChangePlacer DomeT2483…
NEWS ROUNDUP — Yamana funds Argentine programs
Washington state-based Yamana Resources (YRI-T) has raised $4.7 million through a special warrant financing, with each special warrant priced at $1.Each special warrant entitles the holder to acquire,…
THE NORTHERN MINER – SMALL PRODUCRS INDEX
86.97 (-3.18)(Sept. 30/98 = 100)…
THE NORTHERN MINER – NORTH AMERICAN MINING INDEX (December 14, 1998)
97.50 (-4.73)(Sept. 30/98 = 100)…
Greenstone weathers storm in Central America
Gold miner Greenstone Resources (GRE-T) has reported less-than-catastrophic hurricane damage to its facilities in Central America.Damage caused by Hurricane Mitch at the Cerro Mojon mine in Nicaragua …
NEWS ROUNDUP — Agnico juniors to merge
In order to cut administrative costs, Agnico-Eagle Mines (AGE-T) plans to merge two of its junior exploration companies: Sudbury Contact Mines (SUD-T) and Silver Century Explorations (SVC-A).
SPOT PRICES (December 14, 1998)
Wednesday December 9, 1998Price (US)Week’s ChangeGold*$293.50-$0.40Silver*$ 4.82…
Ararat exceeds expectations
In November, First Dynasty Mines (FDM-T) produced 2,500 oz. gold equivalent from its Ararat tailings recovery project in Armenia.The project is operating 25% above design capacity, recovering 17% more…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Producers under siege
The Dow Jones industrial average lost 105.56 points during the report period ended Dec. 8, closing at 9,027.98.Copper and silver issues early in the week fell in line with dropping oil prices, hitting…