Rayrock boosts gold reserves (January 11, 1999)
Nevada gold miner Rayrock Resources (RAY-T) has substantially increased reserves at its three open-pit operations.Total reserves at the wholly owned Dee and Daisy mines and 66.6%-held Marigold mine no…
News
MINING MARKETS & INVESTMENT NEWS — Barrick, Comaplex execs active (January 11, 1999)
Insider trading transactions recently reported by the Ontario Securities Commission in its OSC Bulletin include the following:AfriOre (AFO-V) — Harvey White, director, sold 20,500 shares at 52-69 cen…
LME WHSE LEVELS (January 11, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan. 5/99 (change from Dec. 29/98 in brackets):MetalStocks (tonnes)Change…
Greenstone announces writedowns (January 11, 1999)
Greenstone Resources (GRE-T) will take writedowns on several Central American gold properties in its 1998 year-end financial statement.Whereas in its 1997 financial statement, the company used a gold …
Marsfontein yields more diamonds (January 11, 1999)
Partners De Beers Consolidated Mines (DBRS-Q) and SouthernEra Resources (SUF-T) have discovered more diamondiferous gravels at their producing Marsfontein property in South Africa’s Northern Province….
MOST ACTIVE ISSUES, 1998
ExchgVol(000s)HighLowClosePlacer DomeT54998827.20…
MINING MARKETS & INVESTMENT NEWS — Teck to invest $1.7 million in Ventures (January 11, 1999)
New Jersey-based Ventures Resource (VRS-V) says Teck (TEK-T) intends to raise proceeds of $1.7 million by exercising 1.4 million of Ventures’ class A warrants on or before Jan. 31, 1999, at a price of…
GREATEST VALUE TRADED (January 11, 1999)
ExchgVal($000s)HighLowCloseChangeBarrick GoldT356…
PEOPLE — Black Pearl (January 11, 1999)
C.D. Comba and James Boyle appointed directors.
PEOPLE – Ellesmere (January 11, 1999)
J.R. Conkin appointed COO.
Aur options Tiomin’s Cerro Colorado (January 11, 1999)
In return for providing Tiomin Resources (TIO-T) with a US$2-million loan, Aur Resources (AUR-T) has acquired an option to buy Tiomin’s huge Cerro Colorado porphyry copper-gold-molybdenite deposit in …
GREATEST VALUE TRADED, 1998
ExchgVol(000s)HighLowCloseBarrick GoldT1277511935.95…