METAL PRICES — Daily Metal Prices (March 01, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateFeb. 23Feb. 22Feb. 19Feb. 18…
News
Triex eyes Sioux Lookout
Vancouver-based Triex Resources (TIE-V) has expanded its land holdings in the Sioux Lookout region of northwestern Ontario.The junior will buy six patented mining claims within the property boundary o…
Greystar revs up Angostura drills
Junior Greystar Resources (GSL-T) has resumed drilling at its Angostura gold-silver project in northeastern Colombia.The 1999 campaign will include 60 infill and reconnaissance holes totalling 20,000 …
NEWS ROUNDUP — Twin Gold executes lease for Atlanta
By executing a mining lease and option agreement, Toronto-based Twin Gold (TWG-T) has slashed a net smelter return royalty to 0.5% from 5% at its 80%-held Atlanta gold mine project in Idaho.Twin Gold …
COMMENTARY — Quebec’s year ahead
The current uncertainty in Asian markets makes it unlikely there will be a significant increase in metal prices in 1999. Only from the year 2000 on can we expect to see a recovery; indeed, the value o…
WESTERN MARKETS — Investors hunt for takeover targets
The Vancouver Stock Exchange composite index lost 1.56 points to close the report period ended Feb. 23 at 407.22. The mining index dropped 2.23 points, finishing at 289.46. Meanwhile, the combined val…
PRODUCER & DEALER PRICES (March 01, 1999)
Antimony: Representative mid-market US$1,390 per tonne (Feb. 23/99).Bismuth: Representative mid-market US$3.15 per lb. (Feb. 23/99).Cadmium: Representative mid-market US$0.25 per lb. (Feb. 23/99).Chro…
Writedowns lead to loss for Teck — Carosue Dam targeted for feasibility; Antamina contracts awarded
Despite having taken some significant writedowns in junior companies during the past few years, Teck (TEK-T) hasn’t shied away from its longstanding practice of investing in juniors with promising exp…
PEOPLE — America Mineral Fields (February 22, 1999)
Timothy Read appointed president, CEO and director.
PEOPLE — Buddha Res. (February 22, 1999)
Glen McDonald appointed director.
PEOPLE — Central Minera
Damien Reynolds, Reinhard Siegrist and Eric Lavarack appointed directors.
PEOPLE – Chapleau (February 22, 1999)
Robert Hunziker appointed director.