LME WHSE LEVELS (September 06, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Aug. 31/99 (change from Aug. 24 in brackets):MetalStock (tonnes)Change…
News
Golden Star eyes Birim
In order to secure more feed for its newly acquired Bogoso gold mine and mill in Ghana, Golden Star Resources (GSC-T) has launched a takeover bid for Montreal-based explorer Birim Goldfields (BGI-T).B…
EDITORIAL & OPINION — ODDS ‘N’ SODS — Developing Granduc
The Granduc mine is a classic case of an isolated mine project, as the orebody was bounded by the Leduc glaciers to the east, west and north and the Frank Mackie glacier to the south. The nearest comm…
Showing found at Stares
Induced-polarization (IP) surveys and trenching have revealed base metal mineralization at the Stares property, west of Thunder Bay, Ont.Partners Greater Lenora Resources (GEN-T) and RJK Explorations …
Careers (September 06, 1999)
Government of NunavutEmployment OpportunityResource GeologistDepartment of Sustainable Development, Arviat, Nunavut Reporting to the Director, Minerals, Oil and Gas, you will be a part of a team that …
Phelps Dodge pushes ahead with bid — Asarco, Cyprus only interested in ‘merger of equals’
Copper giants Asarco (AR-N) and Cyprus Amax Minerals (CYM-N), which are negotiating a 2-way merger, have asked Phelps Dodge (PD-N) to postpone its hostile takeover bid until after the merger is…
METAL PRICES (September 06, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateAug. 31Aug. 30Aug. 27Aug. 26…
Lac des sles posts loss
The Lac des les palladium-platinum mine near Thunder Bay, Ont., continues to keep operator North American Palladium (PDL-T) awash in red ink.The company posted a net loss of $3.8 million (42 cents pe…
Final holes at Duck Pond confirm resource
The last six holes drilled on the Duck Pond polymetallic property in central Newfoundland have confirmed the results of earlier drilling, while offering hope that the resource may be larger than earli…
PRODUCER & DEALER PRICES (September 06, 1999)
Antimony: Mid-mkt US$1,215/t.Bismuth: Mid-mkt US$3.90/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65/t.Cobalt: Recent trades US$18.60-20.00/lb.Copper: Comex Sept. US$0.777/lb.Indium: Indi…
Fancamp makes discovery
An early-stage gold discovery has Fancamp Resources (FNM-V) hopeful of the potential of its newly acquired Kourouba concession in the Kalana region of southwestern Mali, 90 km south of the capital cit…
OBITUARIES (September 06, 1999)
Mervyn Arthur UphamMervyn Upham, who earned a place in the Canadian Mining Hall of Fame for his part in developing 22 mines in this country, has died following a lengthy illness. He was 82.Born in Bay…