With the Ekati diamond mine in Canada’s Northwest Territories on schedule to begin production in the fall of 1998, diamonds have become an important sub-group of Canadian equity markets.It has been si…
Gold Funds as of December 24, 1997BGRCentralNet Value$15.00$6.37Price$10.05…
Sobs clearly outnumbered shouts of “Eureka!” by a wide margin in 1997, a year in which some fine foreign exploration results were overshadowed by salted samples and depressed metal prices.The most dis…
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BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateDec. 29Dec. 24Dec. 23Al Alloy13…
Aluminium: LME settlements US$1,488, alloy US$1,360 per tonne (Dec. 22/97).Antimony: Representative mid-market US$1,550 per tonne (Dec. 29/97).Bismuth: Representative mid-market US$3.35 per lb. (Dec. …
1997Dec.26Dec.25Dec.24Dec.23Dec.22HighLowComposit…
Vancouver-based International Curator Resources (IC-T) has exercised its option to buy a 100% working interest in the Boleo copper-cobalt-zinc project in Baja California Sur, Mexico.The vendor retains…
Golden Star Resources (GSR-X) has offered to purchase all outstanding shares of subsidiary Pan African Resources (PARC-C) that it doesn’t already own.Golden Star intends to offer one Golden Star share…
Eden Roc Mineral (EDN-T) is suspending operations at its 68%-owned Afema gold mine in Ivory Coast as a result of depleted oxide reserves.Eden Roc has already halted mining, though leaching of stockpil…
Freeport McMoRan Copper & Gold (FCX-N) has signed a letter of intent to explore and acquire 1.2 million acres in Irian Jaya, Indonesia, currently held by Battle Mountain Gold (BMG-N).Freeport now hold…
The gold mines of Russia’s Magadan state didn’t perform as well as expected in 1997, according to a report released by The Magadan Regional Committee for Natural Resources.The report, which is part of…
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