COMMENTARY — Scrap bridges demand shortfalls
As is the case with other goods or commodities, scrap metal trading bridges the gap between domestic supply and demand. This gap is currently at its widest in the fast-developing countries of East, So…
News
LETTERS TO THE EDITOR — Industry needs dose of credibility
The recent collapse of Crystallex International gave the mining markets a shock that fundamental investment analysis could have prevented, saving investors millions and the industry another embarrassm…
Brimstone Gold cuts high grades at Mayflower mine in Montana
Junior Brimstone Gold (BSC-V) has intercepted bonanza-grade gold from underground drilling below known reserves at the Mayflower mine in south-central Montana.The company encountered high-grade minera…
GREATEST VALUE TRADED, June 17-23
ExchgVal($000s)HighLowCloseChangeBarrick GoldT270…
TSE INDICES (June 29, 1998)
1998June 23June 22June 19June 18June 17HighLowCom…
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…