Rio cuts costs, increases production
Second-quarter profits were down for Rio Algom (ROM-T), but the company continued to boost copper production and reduce mining costs.For the three months ended June 30, the Toronto-based major recorde…
Second-quarter profits were down for Rio Algom (ROM-T), but the company continued to boost copper production and reduce mining costs.For the three months ended June 30, the Toronto-based major recorde…
Improved performances at eight gold mines propelled Australian major Normandy Mining (NDY-T) to new production records for its recently completed fiscal year.For the year ended June 30, Normandy produ…
Production difficulties related to an expansion program at its namesake mine in Montana has forced Stillwater Mining (SWC-X) to record a loss for the second quarter of the year.The company intended to…
During a recent golf outing, I was asked how long I had been playing and what got me interested in the game. I replied that I was introduced to golf in a rather unusual fashion.Back in 1969, we were p…
62.65 (-0.18)
92.57 (-1.46)
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“Global Emerging Markets: London 1999”, an investment conference slated for mid-September of this year in London, England, has been postponed until Sept. 18 and 19, 2000.The organizers of the event, I…
Gold Funds as of July 21, 1999BGRCentralNet Value$12.805.35Price$9.00$5.1…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at July 20/99 (change from July 13 in brackets):MetalStocks (tonnes)Change…
Antimony: Mid-mkt US$1,195/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Recent trades US$60.00-90.00/t.Cobalt: Recent trades US$19.20-21.25/lb.Copper: Comex Sept. US$0.7695/lb.I…
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