A takeover offer for Akrokeri-Ashanti Gold Mines (AAGM-C) has gone off the rails.Gardening company GDL Evergreen withdrew its offer for the African gold miner after it was suspended from trading for f…
Falling high-technology stocks pulled down the Dow Jones industrial average for the report period ended Feb. 9. The average closed down 141.09 points, or 1.5%, to 9,133.03.Mining companies were mixed …
ExchgValue($000s)HighLowCloseChangePlacer DomeT20…
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateFeb. 9Feb. 8Feb. 5Feb. 4…
Geomaque Explorations (GEO-T) is acquiring the Cobb Creek gold project in northeastern Nevada from Orvana Minerals (ORV-T).Situated in Elko Cty., the project comprises 140 claims and is in the same re…
Precious MetalsPrice (US/oz)ChangeGold$287.10-$0.45Silver$ 5.53-$0.01…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Feb. 9/99 (change from Feb. 2 in brackets):MetalStocks(tonnes)Change…
Despite strong fourth-quarter operating results, Cominco Ltd. (CLT-T) ended 1998 in the red. The chief obstacles to profitability were low metal prices and the operating performance of the Kivcet lead…
Antimony: Representative mid-market US$1,390 per tonne (Feb. 9/99).Bismuth: Representative mid-market US$3.05 per lb. (Feb. 9/99).Cadmium: Representative mid-market US$0.23 per lb. (Feb. 9/99).Chromiu…
Ongoing feasibility and optimization studies at the Diavik diamond project in the Northwest Territories have led to a change in the proposed mining sequence of the kimberlite pipes.Situated 300 km nor…
Homestake Mining (HM-N) has closed the Pinson gold mine, near Winnemucca, Nev., after it failed to reach production targets.Pinson is a 50-50 joint venture with Barrick Gold (ABX-T). The mine was expe…
Pacific Northwest Capital (PFN-A) continues to receive encouraging grades from its grassroots platinum and palladium project near Sudbury, Ont.Channel samples from sulphide-bearing gabbro returned 23….
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