Junior Fort Knox Gold Resources (FNX-T) will get a helping hand from its major shareholder, Inco (N-T), in its quest for Labrador properties prospective for Voisey’s Bay-type nickel-copper-cobalt depo…
ExchgVol(000s)HighLowCloseChangeBarrick GoldT1020…
Wednesday June 24, 1998Price (US)Week’s ChangeGold*$293.90+ $5.50Silver*$ 5.34…
The Toronto Stock Exchange enjoyed a broad trading range during the June 17-23 report period, with the TSE 300 composite index dropping marginally to 7,175.23 points. Both mining sub-groups fell more …
Short positions outstanding at June 15, 1998Larger individual positions include: Abacan Resource 363,104, up 88,485; Abitibi-Consolidated 959,027, up 591,100; Ashton Mining of Canada 117,746; Asia Pac…
American brokerage houses Lehman Brothers and Goldman Sachs have reached an agreement with the new government of Indonesia to assist in the partial privatization of 12 state-controlled companies.The g…
Golden Star Resources (GSR-X) has agreed to accept shares from Guyanor Ressources (GRL.B-T) as repayment of debt.The transaction increases to 71% Golden Star’s stake in the French exploration company….
With its new 14-ft. commercial pan plant up and running, Trivalence Mining (TMI-V) continues to crank out diamonds at its 85%-owned Aredor alluvial operation in Guinea, West Africa.For the month of Ma…
A mini-bulk drill sample collected this past winter from the 5034 kimberlite pipe on the AK property in the Northwest Territories has returned results consistent with previous work.Monopros, a subsidi…
Slumping metals prices and weak equity markets have not deterred Grayd Resources (GYD-V) from pursuing its impressive portfolio of properties in the Bonnifield and Delta districts of Alaska.”We’ve bee…
In a move aimed at accelerating production from the Velardena gold-silver mine in Durango state, Mexico, a group of investors represented by Global Equities has acquired a block of ECU Gold Mining (EC…
Once known principally for its production of uranium, Rio Algom (ROM-T) is steadily earning a reputation as a major producer of copper.Last year, while addressing shareholders at the company’s annual …
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