SPOT PRICES (August 02, 1999)
Precious MetalsPrice (US$/oz.)ChangeGold$254.00+$1.10Silver$ 5.15+$0.12…
Articles by Northern Miner Staff
Companies (August 02, 1999)
Alberta EnergyApex Silver MinesAshton Mining of CanadaBarrick GoldBolidenCamphor VenturesComincoDe Beers Cons. MinesEldoradoExall ResourcesExcellon ResourcesFalconbridgeGlamis GoldGlimmer ResourcesInc…
MOST ACTIVE ISSUES, July 21-27
ExchgVol(000s)HighLowCloseChangeTahera Corp.T2190…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Dow, metals hold steady
The Dow Jones industrial average sustained a minor loss for the report period ended July 27, falling 17.06 points, or 0.2%, to close at 10,979.06.Mining issues were mixed heading into quarterly earnin…
Apex wraps up diamond drilling program in Mexico
Denver, Colo.-based Apex Silver Mines (SIL-X) is one step closer to owning nearly two-thirds of the Platosa property in central Mexico following its completion of a 21-hole diamond drill program there…
DIAMOND PAGE — New AK kimberlites yield diamonds
Three kimberlite discoveries on the AK property in the Northwest Territories have proved to be diamondiferous.The AK and CJ properties are a joint venture among Monopros, Mountain Province Mining (MPV…
Inco at break-even level
Inco’s (N-T) relentless drive to cut costs throughout its nickel operations has just about returned the money-losing company to a break-even level.Following losses totalling US$53 million in the three…
Index (August 02, 1999)
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Hedging adds strength to Eldorado
Improved operating margins and a strong hedging program enabled Eldorado Gold (ELD-T) to earn US$2.7 million (or 4 cents per share) on gold sales revenue of US$31.2 million during the first six months…
PRODUCER & DEALER PRICES (August 02, 1999)
Antimony: Mid-mkt US$1,195/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Recent trades US$60.00-90.00/t.Cobalt: Recent trades US$18.40-21.50/lb.Copper: Comex Sept. US$0.754/lb.In…
Manhattan enhances Tambo Grande (August 02, 1999)
Preliminary drilling suggests the TG-3 anomaly on the Tambo Grande project in northern Peru could yield a deposit as large as the nearby TG-1, reports operator Manhattan Minerals (MAN-T).All but one o…
Ivanhoe mulls expansion
The solid operating performance of the S&K mine in Myanmar has prompted Ivanhoe Mines (IVN-T) and its state-owned partner to plan an expansion aimed at boosting production by 40%, to 35,000 tonnes of …