News

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…


PRODUCER & DEALER PRICES (November 08, 1999)

Antimony: Mid-mkt US$1,150/t.Bismuth: Mid-mkt US$4.65/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65/t.Cobalt: Recent trades US$13.95-16.00/lb.Copper: Comex Dec. US$0.814/lb.Indium: Indiu…


Laguna picks up ground in Panama

Laguna Gold (LGC-T) has signed an exploration agreement with Australia’s Broken Hill Proprietary (BHP-N) to explore three properties in Panama.The junior can earn a 70% interest in the properties by s…


Cortez boosts profits for Placer Dome

Increased production and lower costs at the Cortez gold mine in Nevada, combined with improvements at other operations, enabled Placer Dome (PDG-T) to post solid profits for the first nine months of t…


Altoro gears up to drill Pedra Branca project

Eyebrow-raising trench results, favourable geology and limited but enticing historic drill intercepts have whetted Altoro Gold’s (ATG-V) appetite for exploration at its Pedra Branca platinum-palladium…


COMMENTARY — Steady as she goes, for silver

Silver prices will remain stable over the next six months, trading at between US$5 and US$5.50 per oz., says Gold Fields Mineral Services.According to the British-based firm, demand is outstripping su…



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