The Northern Miner — North American Mining Index (December 06, 1999)
91.85 (-1.60)(Sept. 30/98 = 100)…
News
The Northern Miner — Small Producers Index (December 06, 1999)
61.97 (-1.79)(Sept. 30/98 = 100)…
Greenstone Resources peers into the abyss
With creditors demanding repayment, Greenstone Resources (GRE-T) is sinking under the weight of heavy debt.The company’s latest woes began in late July, when its US$18.7-million line-of-credit matured…
GREATEST VALUE TRADED, NOV. 24-30
Exchg Val($000s)HighLowCloseChangeBarrick GoldT 425740 29.00 26.20 26.50 -…
Latin America silver still strong
Mexico and Peru will remain the world’s largest silver producers until at least 2001, by which time they will be producing 115 million oz. and 68 million oz. per year, respectively, predicts the Washi…
No takers for $1,000 challenge
The editorial regarding the Nisga’a treaty, in your issue of Nov. 8-14, was right on. It outlines the situation precisely. The most frightening aspects, however, are the implications of follow-up agre…
Cambior looking to shed assets
In a new strategy aimed at reducing its heavy debt burden, Cambior (CBJ-T) has announced its intention to sell “substantial” gold or base metal assets, or both, and begun soliciting offers from intere…
Miners, financiers shuck shells at annual shindig
About 350 people from Toronto’s exploration, mining and financial community attended the annual oyster party sponsored jointly by explosives firm Orica Canada and the Toronto branch of the Canadian In…
Kids on Wall Street
The world of international finance is a murky, mysterious one for most Canadians and Americans who punch a clock in a factory or put in long hours at an office building. Most probably believe that the…
Recognizing aboriginal rights
Mining industry representatives are confused by the media’s often misleading or incorrect interpretations of Supreme Court decisions and historic and contemporary agreements regarding Aboriginal land …
Snap Lake viewed as having ‘excellent’ economics
David James, mining analyst for Canaccord Capital, has been watching developments in Canada’s emerging diamond industry since the first discoveries were made in the Lac de Gras region in the early 199…
Metal Prices (December 06, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateNov. 30Nov. 29Nov. 26Nov. 25…