British Columbia, Ontario mines rewarded
Five mining firms have claimed health and safety awards in Ontario, while in British Columbia, a bevy of companies and individuals earned citations at a provincial competition in mine rescue and first…
News
MINING MARKETS & INVESTMENT NEWS – INSIDER TRADING — Freeport insiders exercise options
In April, according to filings with the U.S. Securities and Exchange Commission, two directors of Freeport-McMoRan Copper & Gold (FCX.A-N) liquidated stock, while three others increased their holdings…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Analysts await results from African explorer
Mining analyst George Topping of Deacon Capital is keeping a close eye on results from exploration programs being carried out by Birim Goldfields (BGI-T) and its joint-venture partners in Ghana, West …
MINING MARKETS & INVESTMENT NEWS — Western markets sluggish as mining index dips — South Voisey’s Bay partners drop in impatient market; Winspear up on good valuations
The Vancouver Stock Exchange composite index gained 1.54 points, or 0.3%, to close at 532.44 over the report period ended June 23. The mining index edged down 0.99 of a point, or a quarter of a percen…
LME WAREHOUSE LEVELS (June 29, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 8/98 (change from June 1 in brackets):MetalStocks(tonnes)Change…
PRODUCER & DEALER PRICES (June 29, 1998)
Aluminium: LME settlements US$1,315.50, alloy US$1,215 per tonne (June 23/98).Antimony: Representative mid-market US$1,350 per tonne (June 23/98).Bismuth: Representative mid-market US$3.60 per lb. (Ju…
METAL FUTURES (June 29, 1998)
Settlement prices for London Metal Exchange spot metal and three-month contracts, June 23/98 (US$ per tonne):MetalsCash Price3 Month Price…
METAL PRICES — Daily Metal Prices (June 29, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateJune 23June 22June 19June 18Jun…
Phelps Dodge picks up Brazilian unit
Taking advantage of the fast growing market in carbon black, Phelps Dodge (PD-N) will acquire a Brazilian carbon black manufacturing business from Luxembourg-based major Minorco (MNRC-Q).The Arizona-b…
St Andrew uncovers more gold at Stock mine
Junior St Andrew Goldfields (SAS-T) has discovered three gold prospects near its past-producing Stock gold mine near Matheson, Ont.Each prospect was found while drilling induced-polarization (IP) anom…
GOLD FUNDS (June 29, 1998)
Gold Funds as of June 18, 1998BGRCentralNet Value$13.84$5.95Price$10.10$5…
Nebex cuts more copper-gold
Nebex Resources (NBX-T) has drilled more long copper-gold intersections at its Munelle polymetallic property in north-central Albania.Highlights from the three latest holes include:* 8 metres (from 29…