Miners slam policy changes
Representatives of the Colorado mining industry recently convened at Golden to voice their opposition to proposed changes to federal mining and milling policy. The complaints were heard by the House S…
News
SPOT PRICES, Wednesday November 3, 1999
Precious MetalsPrice (US$/oz.)ChangeGold$291.75+$1.35Silver$ 5.22+$0.03…
LME WHSE LEVELS (November 08, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 2/99 (change from Oct. 26 in brackets):MetalStock(tonnes)Change…
GREATEST VALUE TRADED (November 08, 1999)
ExchgVol(000s)HighLowCloseChangeAlcoa*N559765…
MINING MARKETS & INVESTMENT NEWS — U.S MARKETS — Miners mixed on gold’s rise
The Dow Jones industrial average climbed 279.71 points to 10,581.84 during the report period ended Nov. 2.While gold recovered a bit of its shine, climbing to US$291.30 on the Comex division of the Ne…
Powderhorn reveals more showings
Junior Copper Hill (CUHL-C) has found new showings at the Powderhorn property in Newfoundland’s central mineral belt.The discoveries, exposed by a new logging road excavated 1 km north of the Lake Zon…
Companies (November 08, 1999)
Agnico-Eagle MinesAltoro GoldBreakwater ResourcesBroken Hill ProprietaryBuryatzolotoCambiorConsolidated Norsemont VenturesConsolidated Pine Channel GoldCopper HillEcho Bay MinesEcuadorian Mi…
Namco nabs Ocean Diamond Mining
The world’s second-largest producer of marine diamonds just got bigger. Namibian Minerals (NMR-T), or Namco, has acquired a 92% interest in Ocean Diamond Mining, a fellow marine producer based in Sout…
Meetings (November 08, 1999)
Nov 8 Camflo Nov 8 Capco Nov 8 Prophet Minerals Nov 8 Tertiary Nov 9 Agau Nov 10 Destiny Nov 10 Hayden Nov 10 KWG Res. Nov 10 Mustang Nov 10 Naneco Nov 10 Pacific Cons. Nov 12 Banro Nov 12 KRL Res. No…
Breakwater moves into the black
[Editor’s note: A previous article, also entitled “Breakwater moves into the black,” was published in our Nov. 1-7/99 issue. It contained numerous errors, including the reporting of silver grades as g…
PCS suffers massive third-quarter loss
A writedown relating to its nitrogen business combined with an overall decline in production and sales resulted in a massive third-quarter loss for Potash Corp. of Saskatchewan (POT-T).For the three m…
Nisga’a nightmare — The $200-billion problem
If a referendum were held tomorrow, British Columbians would overwhelmingly reject the Nisga’a treaty now being debated in the House of Commons. Well, debate may be too generous a word. Three of the f…