PRODUCER & DEALER PRICES (February 08, 1999)
Aluminium: LME settlements US$1,207.50, alloy US$1,033 per tonne (Feb. 2/99).Antimony: Representative mid-market US$1,365 per tonne (Feb. 2/99).Bismuth: Representative mid-market US$3.05 per lb. (Feb….
News
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Higher prices buoy producers
A surge in gold and silver prices helped U.S. producers, while the Dow Jones industrial average slid 50.46 points (0.5%) to finish the report period ended Feb. 2 at 9,274.12.Gold producers benefited f…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Mining index slips despite higher VSE composite
The Vancouver Stock Exchange composite index managed to edge up 0.49 of a point, or 0.1%, and close the week ended Feb. 2 at 419.22. The mining index did not fare as well, losing 7.12 points, or 2.3%,…
Yamana discovers copper sulphides in Chile
Exploration by Yamana Resources (YRI-T) has uncovered disseminated copper sulphide mineralization in drill cuttings and hydrothermal alteration assemblages at two of the company’s eight porphyry coppe…
Gowest, GeoNova team at Cavalier
Juniors Gowest Amalgamated Resources (GWA-A) and GeoNova Explorations (GNE-M) have entered into an equal joint-venture agreement at the latter’s Cavalier property, in the Casa Berardi region of northw…
Ontario, Quebec committees urge tighter disclosure standards
Two separate committees, one advising the Toronto Stock Exchange and the Ontario Securities Commission, and another advising the Commission des Valeurs Mobilieres du Quebec (CVMQ), have both recommend…
Careers (February 08, 1999)
Research ChairsLaurentian university is located in Sudbury, at the heart of Ontario’s hard-rock mining industry. Laurentian is undertaking a major initiative to build on and strengthen its research an…
Study sheds light on Big Whopper
Armed with $1.2 million in funding and positive mineralogical results, Avalon Ventures (AVL-V) is accelerating prefeasibility work at its Separation Rapids project, 60 km north of Kenora, Ont.Block mo…
Companies (February 08, 1999)
Aber ResourcesAlto MineralsAmeridex MineralsApex Silver MinesApogee MineralsArgentina GoldAsarcoAshanti GoldfieldsAvalon VenturesBand-Ore ResourcesBarrick GoldBeaufield Consolidated Resourc…
Cyprus bleeds red in 1998
Englewood, Colo.-based Cyprus Amax Minerals (CYM-N) posted a net loss for 1998 as a result of low copper prices.The loss of US$75 million (or $1.02 per share) compares with earnings of US$69 million (…
TSE INDICES (February 08, 1999)
1999Feb. 2Feb. 1Jan. 29Jan. 28Jan. 27HighLowComposite “300”6683.786765.446729.566668.456651.717835.755325.79Metals & Minerals2944.243024.783030.153023.823019.714423.922412.49Integ…
Barrick extends offer for Argentina Gold
Barrick Gold (ABX-T) has extended its offer for all outstanding shares of Argentina Gold (ARP-V) for $5 cash per share until Feb. 9.In response, AG stands firm in its recommendation that its sharehold…