The Northern Miner — North American Mining Index (February 14, 2000)
86.05 (-1.85)(Sept. 30/98 = 100)…
News
The Northern Miner — Small Producers Index (February 14, 2000)
62.48 (+2.69)(Sept. 30/98 = 100)…
NAME CHANGES (February 14, 2000)
American Gem (GEM-T) has changed its name to Digital Gem.
Precious metals in the limelight
Precious metals took centre-stage in the 5-day report period ended Feb. 4. Gold prices pushed sharply higher on Feb. 4, eventually reaching a peak of $318 per oz. in Far East trading early on Feb. 7, …
REGULAR DEPARTMENTS (February 14, 2000)
Careers12-13Classified19Commentary4Editorial4Investment Commentary6Letters to the Editor5Metal Prices10Metals Commentary10Obituary5Odds ‘N’ Sods4People5Professional Directory15-17Stock Tab…
Pascua adds 22% to Barrick’s reserves
Eschewing grassroots exploration in favour of a tightly focused district development program, Barrick Gold (ABX-T) plans to spend US$90 million this year to increase reserves near its existing mines a…
PEOPLE (February 14, 2000)
Masuparia — Michael Magrum appointed director and vp.Tahera — Howard Miller appointed president and CEO.SouthernEra — Steven Banning appointed president and CEO.Gammon Lake…
El Peon mine up and running
In the span of only 10 months and at the relatively low capital cost of US$77 million, Meridian Gold (MDG-N) has succeeded in developing its El Peon mine, 160 km southeast of this coastal city. The r…
Cominco posts stellar results
Aided by the recent rally in base metal prices, Cominco (CLT-T) roared back into the black during 1999, ending a 2-year downturn that had battered its bottom line.The major zinc producer earned $131 m…
A light under a bushel
GeoCanada 2000, to be held in Calgary, Alta. from May 29 to June 2, promises to be an unusual event for Canadian geoscientists. It will be the first such summit for an estimated 5,000 earth scientists…
LME Warehouse Levels (February 14, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 8/99 (change from Feb. 1 in brackets):Aluminium819250(+30525)…
Oil group sets standard
One might say things in the mining industry look hopeless: metals prices are low; exploration budgets have been slashed; junior mining companies have either disappeared into the woodwork or turned to …