Index (January 04, 1999)
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News
Careers (January 04, 1999)
Pricewaterhouse CoopersEXECUTIVE SEARCHCHIEF METALLURGISTOur client, a major international gold producer, is seeking a Chief Metallurgist. Based at an Ontario mine site, the position will also t…
Royal Oak suspends debt payments — Greenstone reworks loans, boosts working capital
The walls keep closing in on Royal Oak Mines (RYO-T).Facing crushing debts, the exasperated gold miner announced two days before Christmas that it would defer making payments on its outstanding loans …
Companies (January 04, 1999)
@IDX:Aber ResourcesAltius MineralsArchon MineralsArgentina GoldAsarcoAscot ResourcesAtna ResourcesBanro ResourceBarrick GoldBlackstone ResourcesBroken Hill ProprietaryCamecoCamphor VenturesCanyon Reso…
The Year of the Rampaging Bear — 1998 characterized by retribution, rebuilding
If 1997 was a year of scandals and promotional excesses that the mining industry would prefer to forget, 1998 will go down as the year of retribution, rebuilding and retrenchment — a year when even t…
Diamond sector bolstered by triumphant startup at Ekati — Diavik project undergoes assessment; Snap Lake takes shape
A new era in Canadian mining dawned in October as the nation joined the ranks of the world’s diamond producers.Situated 300 km northeast of Yellowknife, N.W.T., in the sub-Arctic barren lands, the Eka…
Commodity prices take toll on US mining
As American miners ring in the new year, they are also bidding good riddance to a year they would just as soon forget. Several factors conspired against the U.S. mining industry in 1998, making it one…
ODDS ‘N’ SODS — My Mexican odyssey
In 1975, I was cruising around the Mexican state of Guerrero, looking at showings, and my travels took me through Chilpancingo.I looked up a man whose first name was Francisco, a 71-year-old mining en…
QUERY –US Platinum still breathing, softly
I would like a little data on U.S. Platinum Inc. Around June 1995, you featured a promising writeup on U.S. Platinum. I think the company was based in Salt Lake City, Utah. Your paper said it was dril…
Foreign political risk hits home in 1998 — Spurned Canadian-based juniors turn to courts as numerous international deals hit snags
Although North American mining companies, as a group, have prospered in recent years by venturing to remote parts of the world, several Canadian companies were devastated in 1998 as a result of overse…
PRODUCER & DEALER PRICES (January 04, 1999)
Aluminium: LME settlements US$1,239, alloy US$1,030 per tonne (Dec. 29/98).Antimony: Representative mid-market US$1,220 per tonne (Dec. 29/98).Bismuth: Representative mid-market US$3.10 per lb. (Dec. …
Namibian Minerals posts earnings
Higher second-quarter production helped offset lower realized diamond prices for Namibian Minerals (NMR-T).The alluvial diamond producer cranked out 42,600 carats in the three months ended Nov. 30, co…