Conference to cover global investing
A conference examining the opportunities and pitfalls of international mining operations will be held Oct. 26-27 in London, England.The event, titled “Global Emerging Markets,” will include such topic…
News
FACTS ‘N’ FIGURES — The rise of gold swaps
The launch of the European Central Bank in July and the approach of European monetary union raise a number of interesting possibilities for gold in the official sector. At the same time, the lack of t…
Placer emergency team helps with cleanup in PNG
An emergency services team from Placer Dome’s 50%-owned Porgera gold mine will remain in the Aitape region on the northern coast of Papua New Guinea to aid victims of tidal waves that destroyed four v…
Sunshine Mining boosts reserves at Pirquitas
Drilling by Sunshine Mining & Refining (SSC-N) has expanded, by nearly 50%, the size of the Pirquitas silver-tin deposit in northern Argentina.The company completed 37,000 ft. of a planned 66,000 ft.,…
SUPPLIERS NEWS ROUNDUP — SNC takes Pakistani government to court
An affiliate of Montreal-based engineering firm SNC-Lavalin is taking the government of Pakistan to court for cancelling a contract to develop a power station in the country.SNC-Lavalin committed to t…
MINING MARKETS & INVESTMENT NEWS — INSIDER TRADING — First Dynasty grants options to seven execs
Reports released by the Ontario Securities Commission show that seven directors of First Dynasty Mines (FDM-T) were granted options in June.Marcus Randolph acquired 395,000 options at 20 cents to hold…
MINING MARKETS & INVESTMENT NEWS — QUERY — Zahavy now Xavier
Back in the mid-1960s, I purchased shares of Golsil Mines, which later became Zahavy Mines. On the basis of one share for every five of Golsil, I ended up with 120 shares of Zahavy.The last informatio…
GOLD FUNDS (August 03, 1998)
Gold Funds as of July 23, 1998BGRCentralNet Value$13.95$6.24Price$10.50$5…
GREATEST VALUE TRADED, July 22-28
ExchgVal($000s)HighLowCloseChangeBarrick GoldT107…
TSE INDICES (August 03, 1998)
1998July 28July 27July 24July 23July 22HighLowCom…
PRODUCER & DEALER PRICES (August 03, 1998)
Aluminium: LME settlements US$1,354.50, alloy US$1,252 per tonne (July 28/98).Antimony: Representative mid-market US$1,290 per tonne (July 28/98).Bismuth: Representative mid-market US$3.55 per lb. (Ju…
Nar, Falco expand VMS targets in Zimbabwe
Toronto-based Nar Resources (NRL-M), which has been funding a polymetallic exploration program operated by Falconbridge (FL-T) in Zimbabwe, has announced an expanded work program for the Maramba proje…