MOST ACTIVE ISSUES (June 15, 1998)
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News
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Dow regains lost ground
The Dow Jones Industrial average picked up lost ground during the June 3-9 report period, racking up three consecutive days in positive territory, including a 167-point gain on June 5. The average fin…
NEVADA AND THE WESTERN STATES — Diehard Abitibi explorer gets its feet wet in Nevada — Boreal picks up option on property north of Round Mountain
Leaving the swamps and black flies of the Canadian Shield behind, Boreal Exploration (BOR-M) has inked a deal with a private company to take over an advanced gold exploration property in west-central …
NEVADA AND THE WESTERN STATES — Americomm seeks new partner
Tulsa, Okla.-based Americomm Resources (AREC-Q) is attempting to find a new partner for the ongoing exploration of the Jessup gold-silver property in Churchill Cty., in west-central Nevada.The company…
Anglo joins Eden Roc in Cote d’Ivoire
Eden Roc Mineral (EDN-T) has signed a letter of intent to form a joint venture with South African-based major Anglo American encompassing all of Eden Roc’s gold properties in southeastern Cote d’lvoir…
TSE INDICES (June 15, 1998)
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Antares buys into Steppe’s Mizek project
Enticed by Kazakstan’s mineral potential, Antares Mining & Exploration (ANZ-T), has cast its net over a portion of the shares of Steppe Gold Resources (SPE-V). The latter firm operates the Mizek gold …
FACTS ‘N’ FIGURES — Platinum’s wild ride not over
The erratic pattern of Russian platinum sales is likely to be the chief factor affecting the metal’s price in 1998, according to a report published by London-based metals trader Johnson Matthey.Accord…
Guyanor terminates Asarco joint ventures
By terminating joint-venture agreements with Asarco (AR-N), Guyanor Ressources (GRL.B-T) has regained control of two gold properties in French Guiana.Guyanor, which is 69% owned by Golden Star Resourc…
Orvana Minerals hits more good grades in Bolivia
Eight holes sunk by Orvana Minerals (ORV-T) as part of its ongoing feasibility study at the Don Mario deposit in Bolivia have turned up strong gold-copper mineralization.Six holes were drilled in the …
Crown Butte shareholders approve New World sale
Already old news, the once-promising New World gold project has taken another step on the road to oblivion.New World owner Crown Butte Resources (CBL-T) reports that its shareholders have approved the…
Sutton continues push at Kabanga nickel project
Sutton Resources (STT-V) and joint-venture partner Anglo American of South Africa are aggressively working to complete an initial mine feasibility review of their Kabanga nickel project in western Tan…