MOST ACTIVE ISSUES, July 8-14
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News
METAL PRICES — Daily Metal Prices (July 20, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices in US$ per tonne)DateJuly 14July 13July 10July…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Base metal majors’ shares slump as Antamina deal closes
The Toronto Stock Exchange experienced a broad trading range during the July 8-14 report period, with the TSE 300 composite index easing off 1% to 7,387.06 points. The metals-and-minerals sub-index su…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Foreign plays attract attention in otherwise dull western market
The Vancouver Stock Exhange composite index shed 7.95 points, or 1.5%, to close at 520.04 over the report period ended July 14. The mining index followed suit, dropping 8.35 points, or 2.2%, to finish…
Focal expands presence in Nicaragua
Focal Resources (FCJ-A) has increased to 100% its working interest in three exploration properties in Nicaragua, following an agreement with High River Gold Mines (HRG-T).* The Rio Siquia property is …
Laguna advances Rio Chiquito
With proceeds from a recent private placement in hand, Laguna Gold (LGC-T) is set to move ahead with a small open-pit operation at its Rio Chiquito property in Costa Rica.The company recently complete…
Asia Minerals to option Copperstone from Royal Oak
Asia Minerals (ASE-A) has entered into a joint-venture agreement to acquire up to an 80% interest from Royal Oak Mines (RYO-T) in the past-producing Copperstone gold mine in La Paz Cty., Ariz.The agre…
Kinross working on the Railroad
Having selected several targets it considers to be of high calibre, Kinross Gold (K-T) has kicked off a drill program at the Railroad gold project in Nevada’s Carlin trend.The project, in which Kinros…
Zen kills Zijinshan joint venture in China
Following a year of due diligence and about $1 million worth of expenditures, Zen International Resources (ZQP-V) is walking away from what was once its centrepiece in southeastern China.The company h…
Kit expands gold resource at George Lake property
An independent resource calculation has expanded the size of the George Lake gold deposit of Kit Resources (KIT-T).Situated near Bathurst Inlet, N.W.T., the deposit is now estimated to host 6.5 millio…
Companies (July 20, 1998)
Abcourt MinesAber ResourcesAmerica Mineral FieldsArabian Shield DevelopmentArchangel DiamondArgentina GoldAsia MineralsAtna ResourcesAur ResourcesBarrick GoldBolidenBolivar GoldfieldsBroken Hill Propr…
Meetings (July 20, 1998)
July 20, BrooksJuly 20, CliftonJuly 20, GoldhunterJuly 20, ZicorJuly 21, Big BlackfootJuly 22, Allied NorthernJuly 22, ArchangelJuly 22, BelmontJuly 22, GemstarJuly 22, GMD Res.July 22, PoseidonJuly 2…