METAL PRICES (August 02, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJuly 27July 26July 23July 22…
News
EDITORIAL & OPINION — Rumours swirl around gold sales — Fair or foul?
Tony Blair is probably the toniest prime minister Great Britain has ever had. He’s Britain’s answer to Bill Clinton, equally polished and urbane, and equally eager to build that proverbial bridge into…
INVESTMENT COMMENTARY — Cominco’s turnaround timed for recovering zinc markets
Resolving technical glitches and achieving full production should mean “sharply higher earnings and cash flows” in coming years for zinc producer Cominco (CLT-T), according to a research report by Fir…
Hedging adds strength to Eldorado
Improved operating margins and a strong hedging program enabled Eldorado Gold (ELD-T) to earn US$2.7 million (or 4 cents per share) on gold sales revenue of US$31.2 million during the first six months…
PRODUCER & DEALER PRICES (August 02, 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$18.40-21.50/lb.Copper: Comex Sept. US$0.754/lb.In…
Manhattan enhances Tambo Grande (August 02, 1999)
Preliminary drilling suggests the TG-3 anomaly on the Tambo Grande project in northern Peru could yield a deposit as large as the nearby TG-1, reports operator Manhattan Minerals (MAN-T).All but one o…
GREATEST VALUE TRADED, July 21-27
ExchgVal($000s)HighLowCloseChangeAlcoa*N308290…
DIAMOND PAGE — Ashton continues hunt
Sampling of the last two of six kimberlites discovered during winter drilling by Ashton Mining of Canada (ACA-T) on the Buffalo Hills and Birch Mountain properties has yielded no diamonds.Small repres…
Careers (August 02, 1999)
LAFARGE is a standard-setter in the construction materials industry with positions in cement, concrete, aggregates, gypsum, and specialty products. Prominent in over 70 countries around the globe, we’…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS –VSE stagnant as Winspear takes nosedive
The Vancouver Stock Exchange composite index lost 4.97 points, or 1.2%, to close the week ended July 27 at 418.77. The mining index dropped 5.69 points, or 2%, to close at 273.74.Meanwhile, the combin…
Ivanhoe mulls expansion
The solid operating performance of the S&K mine in Myanmar has prompted Ivanhoe Mines (IVN-T) and its state-owned partner to plan an expansion aimed at boosting production by 40%, to 35,000 tonnes of …
Meetings (August 02, 1999)
Aug. 3, Golden SitkaAug. 3, Redbird GoldAug. 4, BarraAug. 4, AquestAug. 5, Flame Petro-MineralsAug. 5, Int’l DunlapAug. 5, IrianaAug. 6, Cons BeaconAug. 6, Oliver GoldAug. 6, TrincanaAug. 6, Northern …