GREATEST VALUE TRADED, July 28-Aug 3
ExchgVal($000s)HighLowCloseChangeAlcoa*N264815…
News
Hebron Fjord to resume work in Peru
Armed with $600,000 from a recent financing, Hebron Fjord Resources (HEF-M) plans to resume drilling at its Torrecillas gold-copper property in southern Peru.Late last year, the company drilled four h…
Cominco frustrated by closure of Highland Valley
The doors of the Highland Valley copper mine in southern British Columbia remain closed, following an unsuccessful attempt by the owners to reach an agreement with unionized workers.Highland Valley Co…
Canmine aims to acquire plant
The problem-plagued Cobatec hydrometallurgical plant and refinery near Cobalt, Ont., is about to change hands.Canmine Resources (CMR-T) plans to buy the cobalt-nickel processing plant for $6.1 million…
Greenstone in default
Having recently defaulted on debt payments, Greenstone Resources (GRE-T) is engaged in discussions with its bondholders and lenders aimed at recapitalizing the company and ensuring its ability to cont…
TSE INDICES (August 09, 1999)
1999Aug. 3Aug. 2Jul. 30Jul. 29Jul. 28HighLowCompo…
Battle Mountain reports mixed quarter
Although Battle Mountain Gold (BMG-N) achieved all of its production goals in the second quarter, weak gold prices prevented the Houston, Tex.-based miner from realizing a profit.The loss amounted to …
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Asian flu hits titanium markets
The past two years have seen the titanium minerals and titanium oxide pigment industries affected by significant consolidation among producers and end-users.A rash of acquisitions in the paint industr…
SPOT PRICES, Wednesday August 4, 1999
Precious MetalsPrice (US$/oz.)ChangeGold$257.50+$3.50Silver$ 5.20+$0.05…
Index (August 09, 1999)
CareersClassifiedDiamond PageDrillersEditorialFacts’n’FiguresGeology 101Market PlaceMetal PricesMining Markets & Investment NewsObituaryProfessional DirectoyStock MarketSubscription Services…
GOLD FUNDS (August 09, 1999)
Gold Funds as of July 29, 1999BGRCentralNet Value$12.965.59Price$9.10$5.5…
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…