GOLD FUNDS (June 01, 1998)
Gold Funds as of May 21, 1998BGRCentralNet Value$15.58$5.95Price$11.85$5.
News
NEW HORIZONS — Gold and medical research
The ability of gold atoms to stick together even when beaten into gossamer-thin layers has been known since ancient Egyptian times. Now, researchers have produced an even thinner layer of gold — no t…
Index (June 01, 1998)
CareersClassifiedDiamond PageDividendsDrillersEditorialGeology 101Investment CommentaryLetter to the EditorMetal PricesMining Markets and Investment NewsNew HorizonsProfessional DirectoryQueryStock Ma…
LETTER TO THE EDITOR — Planning for Canada’s mining future
We appreciate your compliments in a recent editorial (“Congratulations, CIM,” T.N.M., May 4-10/98). In our centennial year, the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) is indeed p…
Russian law worries regional gold miners
Gold production in Russia’s Magadan region will drop by 9 tonnes this year as a result of a new precious metals law that restricts contracts between Russian miners and mills, says the regional governm…
BC mines awarded
Thirteen British Columbia mines were recognized at the province’s 36th annual Safety Awards, part of the recent Mining Week festivities.Fording Coal’s Greenhills operation was a double winner, receivi…
Akrokeri-Ashanti acquires Goldenrae
Toronto-based junior gold producer Akrokeri-Ashanti Gold Mines (AAGM-C) is significantly expanding its presence in Ghana with the acquisition of the private Ghanaian company Goldenrae Mining.For 85% o…
Atna cries foul over proposed Yukon deal
BBy Michael AttenboroughIn a deal that could affect the development of the Wolverine massive sulphide deposit in the Yukon, Boliden (BOL-T) subsidiary Boliden Westmin has signed an agreement to deal i…
Hungry Hill sulphides encourage Celtic, Jilbey
A compilation report on results from the Hungry Hill base metal prospect in Newfoundland’s Central mineral belt concludes that the prospect may represent the fringe of a volcanogenic massive sulphide …
MINING MARKETS & INVESTMENT NEWS — Canaccord sees strong year for Placer Dome
Larry Strauss of Canaccord Capital expects that Placer Dome (PDG-T) will have a strong 1998. Accordingly, the mining analyst is continuing to rate the company a buy.Strauss notes that the major plans …
MINING MARKETS & INVESTMENT NEWS — QUERY — Casmyn digs itself into a deep hole
I am a shareholder of Casmyn, a company traded on the Nasdaq Bulletin Board. The shares of the stock went from around US$4 to a few cents in a couple of months. The company issued a statement in Febru…
GREATEST VALUE TRADED, May 20-26
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