PEOPLE — Golden Peaks
Kieran Downes appointed president and CEO.
News
PEOPLE — Emerald Dragon
R.F. Mabanta, Trevor Isfeld, Costas Takkas, and Lawrence Heuchert appoint directors.
Cominco boosts Teck earnings
Teck (TEK-T) has posted a healthy third-quarter profit, buoyed by the contribution from its equity stake in base metal major Cominco (CLT-T).Teck earned $12 million (or 11 cents per share) on revenue …
NEW HORIZONS — Gold keeps explorer seeing 20-20
The National Aeronautics and Space Administration in the U.S. is developing artificial “muscles” containing gold components to aid in the exploration of space.The electronic muscles are being develope…
Rapu Rapu project enters final stretch
The Rapu Rapu polymetallic project in the Philippines could well be economically viable, according to a preliminary feasibility study.The study, led by Signet Engineering of Australia, calls for minin…
Richmont pushes to cut costs
Short-term pain for long-term gain appears to be the rationale behind Richmont Mines’ (RIC-T) decision to suspend production at the Francoeur gold mine in northwestern Quebec. When production resumes …
TSE INDICES, Oct. 20-26, 1999
DateOct. 26Oct. 25Oct. 22Oct. 21Oct. 20HighLowCom…
MOST ACTIVE ISSUES, OCTOBER 20-26
ExchgVol(000s)HighLowCloseChangePlacer DomeT15427…
LME WHSE LEVELS (November 01, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 26/99 (change from Oct. 19 in brackets):MetalStock(tonnes)Change…
Conference focuses on hedging
With gold prices bouncing off 20-year lows, the hedging strategies of the world’s major producers were front and centre at the Denver Gold Group’s Mining Investment Forum held here in mid-October. Del…
SPOT PRICES (November 01, 1999)
Wednesday October 27, 1999Precious MetalsPrice (US$/oz.)ChangeGold$290.40-$19.35Silver…
ALASKA & THE YUKON — Companies still high on Alaskan base metals
While most coveted gold, a handful of the companies that scoured Alaska’s countryside this past season were focused on base metals. Topping the list was Cominco (CLT-V), owner and operator of the Red …