PEOPLE — OroGrande (August 16, 1999)
G.E. (Tim) Wood appointed president and CEO.
News
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Improving metals help producers
The Dow Jones industrial average slipped 22.16 points, or 0.2%, to finish the report period Aug. 4-11 at 10,655.15.Mining issues inched upward on improving commodity prices. Gold was up to US$258.70 p…
PEOPLE — Gold Summit
Anthony Roodenburg appointed director.
PEOPLE — Corker (August 16, 1999)
Gordon Hoy appointed president, CEO and director; James Morrice appointed vp land; Bruce Gigg appointed vp engineering and development; Richard Rathier appointed vp exploration; A.E. Barroll, G.W. Phi…
SUPPLIERS NEWS ROUNDUP — BLM awards minerals educators
Golden, Colo.-based Mineral Information Institute (MII) has received an award from the U.S. government for its efforts to educate U.S. school children about mining and minerals.The Excellence in Educa…
INVESTMENT COMMENTARY — Falconbridge recommended for exposure to nickel, copper assets
Production from two new mines has prompted mining analysts to take a closer look at Falconbridge (FL-T), the world’s third-largest nickel producer and Canada’s largest producer of copper.Roger Chaplin…
Seabee production increases
Increased production from the Seabee mine in northern Saskatchewan kept Claude Resources (CRJ-T) in the black during the first half of 1999.Earnings during the period reached $1.9 million (6 cents per…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Rising prices keep nickel miners buoyant
Nickel continued to lead the revived base metal market during the Aug. 4-10 report period, with prices climbing 12 cents to US$2.91 per lb. thanks to a combination of growing demand, shrinking stocks …
Careers (August 16, 1999)
Carbon Link Corporation, a member of CPL Environmental, an established activated carbon supplier to the gold mining industry, is seeking to employ a “GOLD RECOVERY EXPERT,” demonstrating technical exp…
Meetings (August 16, 1999)
Aug 16 Alpha Gold Aug 16 Gran Columbia Aug 16 Mango Aug 16 Rupert Aug 16 Telkwa Gold Aug 17 Bice Ventures Aug 17 Breckenridge Aug 17 Int’l Calneva Aug 17 Oromin Aug 17 Planet Expl. Aug 17 Redhawk Aug …
Noranda improves bottom line
Lower operating costs and higher metal production translated into higher income for Noranda (NOR-T) in the first half of the year.Earnings during the six months ended June 30 topped $34 million (or 10…
Maya, Billiton in Honduras
Maya Gold (MAY-A) and the Canadian subsidiary of London-based Billiton will explore for the yellow metal on the Triunfo concession in southern Honduras.To acquire an option on the property, Billiton h…