Rising nickel prices give big boost to Inco
Rising metal prices at year-end combined with declining production costs made it possible for Inco (N-T) to earn a respectable profit for 1999.For the year, the major earned US$17 million (a loss of U…
News
Silver demand still exceeds supply
Global silver production during 1999 is expected to have reached 552 million oz., a 3% increase over final figures reported a year earlier, according to the Silver Institute of Washington, D.C.Mexico …
Golden Ridge gets boost
New drilling results have allowed partners Pangea Goldfields (PGD-T) and Barrick Gold (ABX-T) to double the size of the Main zone at their Golden Ridge project in Tanzania’s Lake Victoria Goldfields d…
New industry for Canada
Canada’s Department of Indian Affairs and Northern Development (DIAND) is funded by taxpayers to the tune of billions of dollars each year, yet most Canadians have little knowledge about how its huge …
No Headline (February 21, 2000)
GREATEST VALUE TRADED, Feb. 9-15
ExchgVal($000s)HighLowCloseChangeAlcoa*N 1009040 74.19 64.44 73.69 + 7.75…
Mixed bag for metals markets
The report period Feb. 7-11 was a mixed one for metals markets as nickel rallied to a 6-year high, gold hit a 4-month high and copper staged a technical rally. Also, zinc prices appear to be bottoming…
SPOT PRICES Wed. February 16, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$300.50-$5.50Silver$ 5.23-$0.13…
Carosue Dam gets nod
A positive bankable feasibility study on the Carosue Dam gold project in Australia paves the way for Teck’s (TEK-T) 79%-owned subsidiary, PacMin Mining, to begin development.Situated 110 km northeast …
Juniors struggle to find favour with investors
Junior companies are facing the struggle of their lives during this prolonged industry downturn, and the general view is that only the brightest and the best will survive. But even juniors with compet…
MM2000 Issues Forums to explore problems facing industry
The Millennium Kids will be performing, along with Bobby D and the Swing Cats. Monte Hummel of the World Wildlife Fund will be there, as will most of the mines ministers of the world. David Goldman of…
Wheaton advances Bellavista mine
Toronto-based Wheaton River Minerals (WRM-T) has moved one step closer to commercial production at its wholly owned Bellavista gold project in Costa Rica.The company recently received what it describe…