ODDS ‘N’ SODS — My Mexican odyssey
In 1975, I was cruising around the Mexican state of Guerrero, looking at showings, and my travels took me through Chilpancingo.I looked up a man whose first name was Francisco, a 71-year-old mining en…
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PRODUCER & DEALER PRICES (January 04, 1999)
Aluminium: LME settlements US$1,239, alloy US$1,030 per tonne (Dec. 29/98).Antimony: Representative mid-market US$1,220 per tonne (Dec. 29/98).Bismuth: Representative mid-market US$3.10 per lb. (Dec. …
MOST ACTIVE ISSUES, Dec. 22-28
ExchgVol(000s)HighLowCloseChangeNoranda Inc.T2469…
GREATEST VALUE TRADED, Dec. 22-28
ExchgVal($000s)HighLowCloseChangeNoranda Inc.T381…
Exploration down in ’98 but not out — Argentina, Newfoundland among hot spots for junior companies
Similar in mood to 1997, though comparatively free of scandal, 1998 will be remembered as the year exploration companies replaced promotional antics with survival tactics. But despite the bearish mark…
SPOT PRICES (January 04, 1999)
Tuesday December 29, 1998Price (US)Week’s ChangeGold*$286.70- $2.00Silver*$ 4.92…
LME Warehouse Levels (January 04, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Dec.29/98 (change from Dec. 22 in brackets):MetalStocks(tonnes)Change…
TSE INDICES (January 04, 1999)
1998Dec. 22Dec. 21Dec. 18Dec. 17Dec. 16HighLowCom…
Companies (January 04, 1999)
@IDX:Aber ResourcesAltius MineralsArchon MineralsArgentina GoldAsarcoAscot ResourcesAtna ResourcesBanro ResourceBarrick GoldBlackstone ResourcesBroken Hill ProprietaryCamecoCamphor VenturesCanyon Reso…
Royal Oak suspends debt payments — Greenstone reworks loans, boosts working capital
The walls keep closing in on Royal Oak Mines (RYO-T).Facing crushing debts, the exasperated gold miner announced two days before Christmas that it would defer making payments on its outstanding loans …
The Year of the Rampaging Bear — 1998 characterized by retribution, rebuilding
If 1997 was a year of scandals and promotional excesses that the mining industry would prefer to forget, 1998 will go down as the year of retribution, rebuilding and retrenchment — a year when even t…
Inco, Newfoundland gov’t spent 1998 at loggerheads
To no one’s benefit except overseas nickel producers, the past year saw the Newfoundland government square off against Inco (N-T) in an increasingly bitter dispute over development of the Voisey’s Bay…