CORRECTION (April 06, 1998)
Contrary to information that appeared in our March 30-April 5 issue, Boliden (BOL-T) does not own 62% of North Atlantic Natural Resources.Boliden and South Atlantic Resources (SCQ-V) are equal partner…
News
LATIN AMERICA — More ounces from Eldorado mines
The La Trinidad mine in Sinaloa state, Mexico, has proved to be a good buy for Eldorado Gold (ELD-T), which credits its purchase of full ownership with an 83% increase in gold production in 1997.Produ…
LATIN AMERICA — Apex Silver and Excellon acquire polymetallic play in Durango
Apex Silver Mines (SIL-X) and Excellon Resources (EXN-V) have signed a letter of intent to acquire the Platosa property in Mexico’s Durango state.While no formal terms have been disclosed, Apex is exp…
Index (April 06, 1998)
CareersClassifiedCommentaryDiamond PageDrillersEditorialFacts’n’FiguresMetal PricesObituaryProfessional DirectoryStock MarketSubscription Services…
Industry slump, PDAC take toll on SME meeting
In deference to that part of the U.S. mining industry east of the Mississippi, the Society of Mining and Metallurgical Engineers (SME) held its annual convention in Florida this year.Attendance, at ab…
LME Warehouse Levels (April 06, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.31/98 (change from Mar. 24 in brackets):MetalStock(tonnes)Change…
Blue Desert explores in Chile
An airborne geophysical survey has outlined a large chargeablity anomaly over the Enero property in Chile that partially coincides with a copper prospect.Blue Desert Mining (BDE-A) holds an option to …
GOLD FUNDS (April 06, 1998)
Gold Funds as of March 26, 1998BGRCentralNet Value$15.49$6.33Price$11.80$…
Behre Dolbear strikes deal in Saudi Arabia
In a departure from its usual practice of supplying geological consulting services to North America’s mining industry, Behre Dolbear has entered into a multi-million-dollar contract to provide financi…
TORONTO STOCK EXCHANGE INDICES (April 06, 1998)
1998Mar. 31Mar. 30Mar. 27Mar. 26Mar. 25HighLowCom…
LATIN AMERICA — Ourominas adds McLucas to board
Scottish mining financier William (“Willie”) McLucas has been appointed chairman of Toronto-based Ourominas Minerals (OMI0-T), in an attempt to raise exploration financing.McLucas is currently chairma…
SPOT PRICES (April 06, 1998)
Wednesday, April 1, 1998Price (US)Week’s ChangeGold*$301.60+ $3.10Silver*$ 6.47…