WSGS identifies kimberlite
Mapping by the Wyoming State Geological Survey (WSGS) has defined more kimberlite occurrences in the Iron Mountain district, 35 miles northwest of Cheyenne.The kimberlite field has been tested for mor…
News
Russian diamond miner reports profits, new mines
In an attempt to consolidate its position in northwestern Russia’s diamond camp, Almazy Rossii-Sakha (Alrosa), the country’s largest producer, will boost output at some of its open-pit operations and …
LETTER TO THE EDITOR — Bill C-48 jeopardizes marine resources
Bill C-48 proposes to create marine parks in Canadian waters and will affect access to fishing, hydrocarbons and minerals in our seas. It died during the last session in Ottawa but reportedly is about…
PRODUCER & DEALER PRICES (October 25, 1999)
Antimony: Mid-mkt US$1,165/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$14.95-17.00/lb.Copper: Comex Dec. US$0.791/lb.Indium: Indiu…
METAL PRICES (October 25, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateOct. 19Oct. 18Oct. 15Oct. 14…
MOST ACTIVE ISSUES, OCTOBER 13-19
ExchgVol(000s)HighLowCloseChangeKinross GldT17130…
Asarco poised to accept Grupo Mexico offer
Asarco (AR-N) has notified Phelps Dodge (PD-N) that it intends to break their merger agreement and accept Grupo Mexico’s new offer for US$29.75 per share.The story may not be over, however, as Asarco …
First Dynasty expands Armenian output
A threefold increase in production is in store for the Armenian gold projects of First Dynasty Mines (FDM-T).The junior miner and its joint-venture partner, state-owned Armgold JSC, have decided to ex…
Meetings (October 25, 1999)
Oct 25 C2C MiningOct 25 CaesarsOct 25 ContikiOct 25 FlagOct 25 LandisOct 25 Silver PeakOct 25 TajzhaOct 25 VintageOct 26 DerekOct 26 MurgorOct 27 ArlingtonOct 27 BCY VenturesOct 27 Cons. InterstatOct …
Gold Reserve revises plan for Brisas mine
Drilling by Gold Reserve (GLDR-T) has increased proven and probable reserves at the Brisas gold-copper deposit in southeastern Venezuela.As a result of the 13-hole, 5,700-metre program, the reserve fi…
Greatest Value Traded, OCTOBER 13-19
ExchgVal($000s)HighLowCloseChangeAlcoa*N300815…
Junior picks up properties
Newcomer Cerro Dorado (CDCH-O) has signed a letter of intent to acquire a controlling stake in three gold properties in northern Chile from Fremont Gold (FGLD-O).Financial pressures forced Fremont to …