“Mine-free by ’93” was one of many anti-mining slogans adopted by environmental extremists in the late 1980s as they tried to convince the public that there was no longer a need to extract metals and …
In September, eight executives of Barrick Gold (ABX-T) took advantage of the company’s resurgence in market value by collectively selling 643,100 shares.Charles Birchall, director, sold 160,000 shares…
ExchgVal($000s)HighLowCloseChangePlacer DomeT4043…
ExchgVolume(000s)HighLowCloseChangePlacer DomeT16…
1998Nov. 10Nov. 9Nov. 6Nov. 5Nov. 4HighLowComposi…
Aluminium: LME settlements US$1,296, alloy US$1,092 per tonne (Nov. 10/98).Antimony: Representative mid-market US$1,295 per tonne (Nov. 10/98).Bismuth: Representative mid-market US$3.20 per lb. (Nov. …
It just doesn’t look all that good for nickel.Recent analyses of the nickel market, from a number of quarters, are generally pessimistic. Even accounting for bottom-of-the-market despair, which freque…
Montreal-based Lyon Lake Mines (LLL-M) is acquiring Placer Dome’s (PDG-T) Cerro Crucitas gold project in northeastern Costa Rica and merging with Vancouver-based Palmer Resources (PMD-V).Lyo…
Your garrulous Ocker correspondent displayed the usual Australian sensitivity on matters New Zealand in the recent story “Australasian PGM sector needs dash of Fipke magic” (T.N.M., Sept. 14-20/98).Fi…
Short positions outstanding at October 30, 1998Larger individual positions include:Abitibi-Consolidated 1,122,794, up 66,150; Anderson Exploration 180,911; Argentina Gold 153,400; Asia Pacific Resourc…
Cash flow and earnings were both higher for Barrick Gold (ABX-T) in the first nine months of 1998, as the company benefited from a rationalization program begun in 1997.Barrick made US$218 million (58…
A metallurgical flow sheet designed for the Kwale heavy mineral sands project on the coast of Kenya indicates high mineral recovery rates.The pilot-plant study, conducted by Australian-based MD Minera…
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