No Headline (August 09, 1999)
,HLME WHSE LEVELSMetal stocks (in tonnes) held in London Metal Exchange warehouses at Aug. 3/99 (change from July 27 in brackets):MetalStocks(tonnes)Change…
News
PRODUCER & DEALER PRICES (August 09, 1999)
Antimony: Mid-mkt US$1,195/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Recent trades US$60.00-90.00/t.Cobalt: Recent trades US$18.50-20.20/lb.Copper: Comex Sept. US$0.756/lb.In…
Excellon, Apex hot on Platosa
Partners Excellon Resources (EXN-V) and Apex Silver Mines (SIL-X) have tabled encouraging assay results from a drill program on the Platosa property in Mexico’s Durango state.The 11,600-acre property …
Teck expands drill program at Pogo
Favourable drill results from the Pogo gold project in central Alaska have induced operators to expand the program by 20,000 ft.The project is a joint venture between Teck (TEK-T) and the subsidiaries…
EDITORIAL & OPINION — Act in haste, rethink at leisure — Privatize and plunder
In a recent discussion paper entitled Time to Rethink Privatization in Transition Economies, John Nellis of The World Bank takes a sobering look at the results of privatization in transition economies…
NAME CHANGE (August 09, 1999)
Bard Silver & Gold (BDS-V) has changed its name to Consolidated Bard Silver & Gold (CBS-V) on a 1-new-for-5-old-share basis.
EDITORIAL & OPINION — GEOLOGY 101 — Redbed copper deposits, Part 1
As their name suggests, red-bed copper deposits form in red host rocks. The red colouration is actually rust, which is oxidation formed after the rock’s exposure to the atmosphere.The two types of red…
METAL PRICES (August 09, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateAug. 3Aug. 2July 30July 29…
Pierina boosts Barrick
Plenty of low-cost gold from the new Pierina mine in western Peru was the foundation of a good quarter for Barrick Gold (ABX-T), which posted a US$84-million profit on revenue of US$373 million.The pe…
GOLD FUNDS (August 09, 1999)
Gold Funds as of July 29, 1999BGRCentralNet Value$12.965.59Price$9.10$5.5…
OBITUARY (August 09, 1999)
Georges DumontGeorges Dumont, one of the country’s premier minefinders, has died in Val d’Or, Que. He was 87.Born in St. Anselme, near Quebec City, in 1911, Dumont graduated with a degree in engineeri…
Index (August 09, 1999)
CareersClassifiedDiamond PageDrillersEditorialFacts’n’FiguresGeology 101Market PlaceMetal PricesMining Markets & Investment NewsObituaryProfessional DirectoyStock MarketSubscription Services…