Agnico-Eagle posts losses
When gold prices are high, Agnico-Eagle Mines (AGE-T) soars likes an eagle. But when prices are low, the unhedged producer is more earthbound than its peers and invariably pays the piper in red ink.Th…
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Real investors need real products
Comparing second-quarter financial results of Canada’s major mining and high-tech companies, as reported by the financial press in the week of July 23, reveals some interesting trends. Even comparing …
NAME CHANGES (July 31, 2000)
Akash Ventures (AKH-V) has changed its name to International Akash Ventures (IKS-V) on a 1-new-to-3-old share basis.Aegean Gold (AEG-V) has changed its name to Agean International G…
Cominco posts profit in quarter
Operating profits at the Red Dog mine in Alaska and the Trail smelter in British Columbia propelled base metal titan Cominco (CLT-T) to substantial earnings in the second quarter.The company posted a …
The Northern Miner — North American Mining Index (July 31, 2000)
66.23 (-3.93)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (July 31, 2000)
48.57 (-0.72)(Sept. 30/98 = 100)…
Exploration keeps Eagle Plains busy
Eagle Plains Resources (EPL-V) holds an impressive portfolio of gold and base metal properties in British Columbia and the Yukon, and the junior intends to carry out more than 2,900 metres of diamond …
REGULAR DEPARTMENTS (July 31, 2000)
CareersClassifiedEditorialFifty Years AgoInvestment CommentaryLetter to the EditorMetal PricesMetals CommentaryOdds ‘N’ SodsProfessional DirectoryStock TablesSubscription Services…
Red metal moves on up
Metal prices delved into a bag of mixed fortunes during the report period July 17-21 as copper led the way in breaking its range to reach US$1,870 per tonne following several failed attempts to overco…
News – 31-JUL-00 (July 31, 2000)
Whole sampling more representative
This letter is in response to your misleading and erroneous portrayal of “whole sampling” core as questionable sampling, with implications of “salting” and fraud in articles and cartoons (May 15 to Ju…
Falconbridge chalks up another profitable quarter
The continued strength of base and platinum group metals translated into another profitable quarter for Falconbridge (FL-T).Net earnings for the three months ended June 30 topped $126.3 million (or 70…