DIAMOND PAGE — Trivalence reports loss
A sale of diamonds from the Aredor mine in Guinea has netted US$1.4 million for Trivalence Mining (TMICF-OTC).The diamonds were sold in two separate deals. In the first deal, four parcels of gem-quali…
News
MINING MARKET & INVESTMENT NEWS — U.S. MARKETS — Gold tanks, some miners gain
The Dow Jones industrial average gained 65.17 points to close at 10,596.26 for the report period ended June 1. Even though weakness in the gold and copper markets continued, some mining issues had a g…
METAL PRICES (June 07, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJune 1May 31May 28May 27…
PRODUCER & DEALER PRICES (June 07, 1999)
Antimony: Representative mid-market US$1,235 per tonne (May 18/99).Bismuth: Representative mid-market US$3.60 per lb. (May 18/99).Cadmium: Representative mid-market US$0.23 per lb. (May 18/99).Chromiu…
TSE INDICES (June 07, 1999)
.ZT1999Jun. 1May 31May 28May 27May 26HighLowCo…
MABC doles out Mining Week hardware
The mining industry in Canada’s westernmost province may have little to cheer about, but the Mining Association of British Columbia put its best foot forward during its annual awards ceremony, held at…
MOST ACTIVE ISSUES, May 26-June 1
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British Columbia copper mines face tough times
Deteriorating copper prices have forced 60%-owner Imperial Metals (IPM-T) to negotiate the second financial restructuring package for the Huckleberry copper mine in less than a year.The open-pit mine,…
MINING MARKET & INVESTMENT NEWS — INVESTMENT COMMENTARY — Rio Narcea on trail of Caesar’s Eldorado
Mike Jones of T.H. Hoare & Co. has taken a shine to Rio Narcea Gold Mines (RNG-T), operator of the El Valle gold mine in northern Spain.In a research report, the analyst notes that the open-pit mine, …
Claude extends zone
Underground drilling at the Madsen mine in northwestern Ontario has extended the West McVeigh zone 30 metres along strike.Claude Resources (CRJ-T) sank 13 holes into the zone from the second and fourt…
PEOPLE — Borneo Gold
Michael Magrum appointed director and officer.
PEOPLE — BHP Minerals
Marcus Randolph appointed president.