Production down, earnings up for Stillwater
Production difficulties related to an expansion program at its namesake mine in Montana has forced Stillwater Mining (SWC-X) to record a loss for the second quarter of the year.The company intended to…
News
LME WHSE LEVELS (August 02, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at July 20/99 (change from July 13 in brackets):MetalStocks(tonnes)Change…
SPOT PRICES (August 02, 1999)
Precious MetalsPrice (US$/oz.)ChangeGold$254.00+$1.10Silver$ 5.15+$0.12…
Companies (August 02, 1999)
Alberta EnergyApex Silver MinesAshton Mining of CanadaBarrick GoldBolidenCamphor VenturesComincoDe Beers Cons. MinesEldoradoExall ResourcesExcellon ResourcesFalconbridgeGlamis GoldGlimmer ResourcesInc…
Shutdowns cost Boliden
Mining companies usually make more money when they are mining, a truth not lost on Boliden (BOL-T). Production shutdowns at the Los Frailes and Myra Falls mines have left the company with a US$31.9-mi…
EDITORIAL & OPINION — ODDS ‘N’ SODS — In the rough
During a recent golf outing, I was asked how long I had been playing and what got me interested in the game. I replied that I was introduced to golf in a rather unusual fashion.Back in 1969, we were p…
MOST ACTIVE ISSUES, July 21-27
ExchgVol(000s)HighLowCloseChangeTahera Corp.T2190…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Dow, metals hold steady
The Dow Jones industrial average sustained a minor loss for the report period ended July 27, falling 17.06 points, or 0.2%, to close at 10,979.06.Mining issues were mixed heading into quarterly earnin…
Apex wraps up diamond drilling program in Mexico
Denver, Colo.-based Apex Silver Mines (SIL-X) is one step closer to owning nearly two-thirds of the Platosa property in central Mexico following its completion of a 21-hole diamond drill program there…
DIAMOND PAGE — New AK kimberlites yield diamonds
Three kimberlite discoveries on the AK property in the Northwest Territories have proved to be diamondiferous.The AK and CJ properties are a joint venture among Monopros, Mountain Province Mining (MPV…
TSE SHORTS (August 02, 1999)
Short positions outstanding at July 20, 1999Larger individual positions include: Abitibi Consolidated1,811,974; Alcan Aluminum 1,127,506, down 212,790; Armada Gold 150,000; Barrick Gold 6,745,874, dow…
TSE INDICES (August 02, 1999)
1999Jul. 27Jul. 26Jul. 23Jul. 22Jul. 21HighLowCom…