GREATEST VALUE TRADED, Feb. 3-9
ExchgValue($000s)HighLowCloseChangePlacer DomeT20…
Articles by Northern Miner Staff
SPOT PRICES (February 15, 1999)
Precious MetalsPrice (US/oz)ChangeGold$287.10-$0.45Silver$ 5.53-$0.01…
LME WHSE LEVELS (February 15, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Feb. 9/99 (change from Feb. 2 in brackets):MetalStocks(tonnes)Change…
Strong quarter buoys Cominco
Despite strong fourth-quarter operating results, Cominco Ltd. (CLT-T) ended 1998 in the red. The chief obstacles to profitability were low metal prices and the operating performance of the Kivcet lead…
PRODUCER & DEALER PRICES (February 15, 1999)
Antimony: Representative mid-market US$1,390 per tonne (Feb. 9/99).Bismuth: Representative mid-market US$3.05 per lb. (Feb. 9/99).Cadmium: Representative mid-market US$0.23 per lb. (Feb. 9/99).Chromiu…
Refugio shows improvements
The Refugio mine in northern Chile is showing signs of improvement for equal owners Bema Gold (BGO-T) and Kinross Gold (K-T).The open-pit operation, which employs 3-stage crushing combined with heap l…
Pioneer drills at Riou Lake
Drilling is under way at Pioneer Metals’ (PSM-T) Riou Lake uranium project in Saskatchewan’s Athabasca Basin.Six holes totalling 4,000 metres are planned, three of which will test an electromagnetic c…
McWatters cuts production costs
Delayed development at one of its two mines near Val d’Or, Que., translated into lower production for McWatters Mining (MCW-T).Combined, the Kienna and Sigma mines cranked out 169,255 oz. in 1998, com…
NAME CHANGE (February 15, 1999)
General Allied Oil & Gas (ALO-V) has changed its name to Allied Resources (ALO-V) on a 1-new-for-5-old-share basis.
Zaldivar deal falls through
An agreement under which Aur Resources (AUR-T) would have bought a half-interest in the Zaldivar copper mine in northern Chile from Outokumpu has proved too rich for Aur’s blood.Aur was to have paid U…
Loss for Cyprus
Englewood, Colo.-based Cyprus Amax Minerals (CYM-N) posted a net loss for 1998 as a result of low copper prices.The loss of US$75 million (or $1.02 per share) compares with earnings of US$69 million (…
Index (February 15, 1999)
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