GREATEST VALUE TRADED (November 10, 1997)
ExchgVol(000s)HighLowCloseChange.ZS.Barrick GoldT…
News
Imperial’s Silvertip yields solid results
Imperial Metals (IPM-T) has completed 8,000 metres of drilling in search of additional mineralization at the Silvertip massive sulphide project in northern British Columbia.The property, formerly know…
STOCK MARKETS — Volatililty rules on western markets as trading skyrockets — Donner, partners cool down as investors size up South Voisey’s Bay
October ended in volatility, as trading activity reached a 7-month high.The Vancouver Stock Exchange composite index closed at 775.11, down 6% from September and down 32% from October 1996. The mining…
SPOT PRICES (November 10, 1997)
Wednesday, November 5, 1997Price (US)Week’s ChangeGold*$314.60+ $0.90Silver*$ 4.85…
Chinese gov’t OKs JV with junior
The government of China has issued a business licence to the Yingezhuang gold mining company — a 50-50 joint venture between Asia Minerals (AMP-A) and state-owned Zhaoyuan Gold.The licence will enabl…
TORONTO STOCK EXCHANGE INDICES (November 10, 1997)
1997Nov. 4Nov. 3Oct. 31Oct. 30Oct. 29HighLowCompo…
Monarch nixes sale in Venezuela
Shareholders of Monarch Resources (MRE-T) have voted against the proposed sale of La Camorra gold mine to Bolivar Goldfields (BVG-T).Monarch backed out of selling the Venezuelan mine when the sharehol…
METAL PRICES — Daily Metal Prices (November 10, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateNov. 4Nov. 3Oct. 31Oct. 30Oct…
Minera buys into Pegasus ground
Spokane, Wash.-based junior Minera Andes (MAI-A) has signed a joint-venture agreement with Pegasus Gold (PGU-T) to earn an 80% interest in the Arroyo Verde gold-silver discovery in south-central Argen…
Barrick explores Dee at depth
Barrick Gold (ABX-T) has signed an agreement allowing it to explore the deeper potential of Rayrock Yellowknife Resources’ (RAY-T) Dee gold property in Nevada.Barrick will spend at least US$2 million …
Eden Roc uncovers new zone at Afema
Drilling by Eden Roc Minerals (EDN-T) has intersected a new zone of mineralization at the Afema gold mining project in Ivory Coast.Starting at a vertical depth of 430 metres, hole 63 intersected 9.6 m…
Chilly temperatures refuse to let up at Refugio mine
Severe winter weather in Chile continued to hamper the performance of the Refugio gold mine into the third quarter.Ownership of the open-pit, heap-leach mine is split equally between Amax Gold (au-n) …