News



Phelps Dodge hires advisors

Denver — Phelps Dodge (PD-N) has retained financial advisors to avise the Phoenix-based copper producer on its non-mining businesses.Goldman Sachs will give advice on PD Wire & Cable, which produces …




MEETINGS (December 18, 2000)

Dec. 20 Auriginor — annual, general, specialDec. 20 Digger — annual, special; 10 am, 2550-555 W. Hastings St., VancouverDec. 20 Featherstone — annual, general; 3:30, Coast Harbourside…



Producer and Dealer Prices (December 18, 2000)

Antimony: Mid-mkt US$1,425/t.Bismuth: Mid-mkt US$4.00/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.70-15.50/lb.Copper: Comex March US$0.885/lb.


Barrick defers Pascua-Lama

Citing the poor gold and silver market, Barrick Gold (ABX-T) has further delayed the start of construction at its Pascua-Lama project, on the border between Chile and Argentina.Work at Pascua, origina…


Australia’s Ranger invests in General Minerals

Denver — The Australia-based company Ranger Minerals has purchased 4.5 million shares of General Minerals (GNM-T) in a non-brokereed private placement. The transaction is designed to finance explorat…


Gold needs more marketing

Most gold miners have succeeded in cutting production costs as a result of lower gold prices but appear to have ignored the real problem: increasing the demand for gold.We now hear and see commercials…


Market rally lifts base metal majors

Triggered by hints of lower interest rates and an end to the election quagmire in the U.S., stocks on the Toronto market enjoyed a broad rally, with the TSE 300 index up a whopping 4% over the Nov. 29…


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