Index (July 26, 1999)
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News
Eldorado trims costs, ramps up production
In pursuit of its goal of producing 190,000 oz. gold by the end of the year, Eldorado Gold (ELD-T) cut cash costs and increased output during second quarter.In the second 3-month period of the year, t…
DIAMOND PAGE — Canabrava busy in Brazil
With the ink barely dry on their option agreement, partners SouthernEra Resources (SUF-T) and Canabrava Diamond (CNB-V) have begun exploration at the latter’s 480,000-ha namesake diamond project in so…
Starfield perseveres at Ferguson Lake
Starfield Resources (SRU-A) is proceeding with a second stage of exploration at its Ferguson Lake nickel-copper-cobalt-PGE property in the new Canadian territory of Nunavut.The summer stage of the pro…
MOST ACTIVE ISSUES, July 14-20
ExchgVol(000’s)HighLowCloseChangePlacer DomeT9893…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Weak gold pounds producers
The Dow Jones Industrial average slumped 178.89 points for the report period ended July 20, closing at 10,996.13.Falling gold prices continued to pummel producers as copper markets mulled the signific…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Voisey’s Bay still a feather in Inco’s cap
Back in the days when Robert Friedland was conducting his arguably brilliant auction of the Voisey’s Bay project, the Asian tigers were roaring like lions. Inco’s (N-T) US$3.5-billion purchase of the …
GREATEST VALUE TRADED, July 14-20
ExchgVal($000’s)HighLowCloseChangeAlcoa*N431394…
THE NORTHERN MINER — North American Mining Index (July 26, 1999)
92.57 (-1.46)
THE NORTHERN MINER — Small Producers Index (July 26, 1999)
62.65 (-0.18)
TSE INDICES, Jul. 14 – 20, 1999
DateJul. 20Jul. 19Jul. 16Jul. 15Jul. 14HighLowCom…
PRODUCER & DEALER PRICES (July 26, 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$19.20-21.25/lb.Copper: Comex Sept. US$0.7695/lb.I…