TSE INDICES (June 29, 1998)
1998June 23June 22June 19June 18June 17HighLowCom…
News
DIAMOND PAGE — Diavik pipe yields lower grade for Rio Tinto and Aber
Mini-bulk sampling at the Diavik Diamond project in the Northwest Territories has yielded mixed results.The 29-tonne, large-diameter, mini-bulk drill sample, which was collected from the A-11 North ki…
NEWS ROUNUP — Fjordland funds work program
Fjordland Minerals (FMI-V) has arranged a private placement with Canaccord Capital of up to 2.5 million units at 25 cents each, for gross proceeds of $625,000. Each unit will consist of one share and …
LME WAREHOUSE LEVELS (June 29, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 8/98 (change from June 1 in brackets):MetalStocks(tonnes)Change…
Nebex cuts more copper-gold
Nebex Resources (NBX-T) has drilled more long copper-gold intersections at its Munelle polymetallic property in north-central Albania.Highlights from the three latest holes include:* 8 metres (from 29…
PRODUCER & DEALER PRICES (June 29, 1998)
Aluminium: LME settlements US$1,315.50, alloy US$1,215 per tonne (June 23/98).Antimony: Representative mid-market US$1,350 per tonne (June 23/98).Bismuth: Representative mid-market US$3.60 per lb. (Ju…
GOLD FUNDS (June 29, 1998)
Gold Funds as of June 18, 1998BGRCentralNet Value$13.84$5.95Price$10.10$5…
Ventures drill-tests prospects
Choosing to focus on its most advanced projects, Ventures Resource (VRS-V) has commenced a trenching and drilling campaign on the Veta and Flat gold properties in central Alaska.Most of the US$1.5 mil…
Greenstone drills new zone at La Libertad
Greenstone Resources (GRE-T) has discovered a new high-grade gold zone at its La Libertad property in Nicaragua.The new zone, dubbed Santa Elena, is situated immediately northeast of the Crimea zone, …
METAL FUTURES (June 29, 1998)
Settlement prices for London Metal Exchange spot metal and three-month contracts, June 23/98 (US$ per tonne):MetalsCash Price3 Month Price…
METAL PRICES — Daily Metal Prices (June 29, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateJune 23June 22June 19June 18Jun…
Eldorado streamlines La Colorada — Production levels rise as operating costs kept to minimum
With annual production steadily increasing and a cost-cutting program in the works, the La Colorada gold mining operation in Mexico’s Sonora state is being optimized in order to help Eldorado Gold (EL…