PRODUCER & DEALER PRICES (November 15, 1999)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$4.60/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65/t.Cobalt: Recent trades US$13.75-15.00/lb.Copper: Comex Dec. US$0.8045/lb.Indium: Indi…
News
LME WHSE LEVELS (November 15, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 9/99 (change from Nov. 2 in brackets):MetalStock(tonnes)Change…
Millstream continues hunt at Potter
Millstream Mines (MLSM-C) has begun a program of deep drilling to test an induced-polarization anomaly at its Potter mine property, near Timmins, Ont.The target exhibits geophysical signatures similar…
Greystar commissions audit for Angostura project
Junior Greystar Resources (GSL-T) has commissioned Strathcona Mineral Services of Toronto to review its Angostura gold-silver project in northeastern Colombia.The audit will focus on the methodology a…
United Carina drills gold showings
A 4,000-metre drill program mounted by United Carina Resources (UCA-V) in central Newfoundland has intersected gold mineralization below surface showings, including two holes with bonanza gold values….
Hecla posts quarterly loss
Hecla Mining (HL-N) lost US$36 million (or 54 cents per share) in the third quarter, compared to a loss of US$2.7 million (5 cents per share) in the corresponding period in 1998.The company was hit wi…
Olympus drills Vietnamese prospect
Junior gold explorer Olympus Pacific Minerals (OYM-V) has hit narrow, high-grade gold mineralization in closely spaced drilling at its Phuoc Son property in central Vietnam.The 6-hole program tested f…
Anaconda sues nickel mine contractor
Australian nickel producer Anaconda Nickel has filed a US$192-million lawsuit against contractor Fluor Daniel, blaming the engineering firm for start-up woes at the US$650-million Murrin Murrin nickel…
Minera Andes picks up ground
Although known for its exploration projects in Argentina, Minera Andes (MAI-A) has signed an agreement with the Romanian government to explore two properties in that country.The Voia and Ostoros prope…
Writedown cuts into earnings at Cameco
Uranium and gold producer Cameco (CCO-T) salvaged a quarterly profit despite having taken a $45.5-million charge against the value of its properties.For the three months ended Sept. 30, the Saskatoon-…
Bema, Ecuadorian swap shares
As a means to advance its South American projects, Ecuadorian Minerals (EMC-T) is exchanging 3.8 million of its shares for 3.3 million shares of Bema Gold (BGO-T).The trade, which is subject to regula…
Companies (November 15, 1999)
Aber ResourcesAfrioreAnaconda NickelAnglo AmericanAnglogoldApex Silver MinesAshanti GoldfieldsAtna ResourcesAurizon MinesBarrick GoldBattle MountainBema GoldBlack Hawk MiningCambiorCamecoCanarc Resour…