Metal Prices (December 20, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateDec. 14Dec. 13Dec. 10Dec. 9…
News
Vista closes Mineral Ridge mine
Having failed to meet production targets, Mineral Ridge Resources, a wholly owned subsidiary of Vista Gold (VGZ-T), intends to declare bankruptcy and shut down its namesake gold mine in southern Nevad…
MOST ACTIVE ISSUES, DEC. 8-14
Vol(000s)HighLowCloseChangeVengoldT 31190 0.44 0.20 0.30 + 0.11…
Spot Prices Wed. December 15, 1999
Precious MetalsPrice (US$/oz.)ChangeGold$279.85-$3.45Silver$ 5.19+$0.05…
Exchange Rates (December 20, 1999)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateDec. 14Dec. 13Dec. 10Dec. 9Dec. 8…
Kennady Lake kimberlite rises in value
A revised model of the 5034 kimberlite at Kennady Lake in the Northwest Territories has increased the value of the pipe’s stones.Based on results from this year’s bulk-sampling of 5034, together with …
Cambior to repay bill by June
In a deal struck with its lenders and hedge providers, Cambior (CBJ-T) will repay US$75 million of its US$212-million loan obligations by June 30, 2000.This interim payment is part of a preliminary ag…
Meridian outlines targets
Underground channel sampling by Meridian Gold (MNG-T) has returned significant gold values at the Venturina gold-silver property in Mexico’s Chihuahua state.Targeting the old underground workings alon…
Atna and Energold drill San Antonio project
Atna Resources (ATN-T) and Energold Mining (EGD-V) will carry out drilling early next year on the San Antonio-1 concession in the Dominican Republic.During a deep-penetration geophysical survey, sever…
Crew gains Perkoa zinc deposit
African-based Metorex, half of which is owned by Crew Development (CRU-T), has acquired Billiton’s share of the Perkoa massive sulphide deposit in Burkina Faso.Perkoa was discovered in 1982 by the Uni…
INDEX (December 20, 1999)
Agnico-Eagle Mines20Altius Minerals3Atna Resources14Barrick Gold14Billiton3Boliden20Broken Hill Proprietary2, 6Buchans River3Cambior12, 17Cameco19Celtic Minerals12Cornerstone Capital Resour…
Caledonia aims to strike lightning
Australian-based Caledonian Pacific Minerals (CDM-V) has applied for an exploration licence covering a diamondiferous diatreme in the Lightning Ridge area of northern New South Wales, Australia.The di…