STOCK MARKETS — Greatest Value Traded, June 11-17
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News
Normandy Mining and Boliden come knocking on Canada’s door
Toronto’s status as the capital of the global mining industry has been further cemented by news that major firms Normandy Mining of Australia and Boliden (BOL-T) of Sweden setting up shop in the city….
Campo Morado yields massive sulphide deposits
Drill-Testing by Farallon Resources (FAR-V) has uncovered two new massive sulphide deposits at the Campo Morado property, 160 km southwest of Mexico City.The discovery brings to five the number of gol…
Almaden Resources tests Mexican targets
Diamond drill results from the Erika gold prospect in southern Mexico indicate the upper levels of a preserved, low-sulphidation epithermal system.Almaden Resources (AMH-V) recently drilled eight hole…
Gitennes pins hopes on Virgen gold property
Although it is still in the early stage of being explored, the Virgen property in north-Central Peru is already attracting attention as a gold discovery of some significance.Over the next four years, …
Yamana hits high grade in Argentina
Drilling by Yamana Resources (YRI-T) at its Martinetas property in southern Argentina has returned some high-grade values.Hole 23 returned 20 metres grading 29.2 grams gold per tonne, including 2 metr…
GOLD FUNDS (June 16, 1997)
Gold Funds as of June 5, 1997BGRCentralNet Value$20.28$5.82Price$15.70$5.
STOCK MARKETS — Toronto-listed golds rise in quiet week of trading —
Platinum group metals continue to dazzle investment communityThe Toronto Stock Exchange had a flat week from June 4 to 10, with the TSE 300 composite jiggling slightly up and down before finishing fra…
La Teko boosts True North
The resource calculation for the True North gold deposit near Fairbanks, Alaska, has nearly doubled.A joint venture between Newmont Mining (NEM-N) and La Teko Resources (LAORF-Q), the project is estim…
PRODUCER & DEALER PRICES (June 16, 1997)
Aluminium: LME settlements US$1,561 per tonne, alloy $1,452 per tonne (June 3/97).Antimony: Composite free market, US$2,200 per tonne (June 3/97).Bismuth: Composite free market US$3.50 per lb. (June 2…
Activists block Crown Jewel mine
Environmental activists intent on preventing development of the Crown Jewel gold mine in northwestern Washington state have filed an action in U.S.District Court against the U.S. Forest Service.The ac…
METAL PRICES — Daily Metal Prices (June 16, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateJune 10June 9June 6June 5June…