NEWS ROUNDUP — Aussie firm to close Beenup mine
Ongoing technical problems and production shortfalls have prompted Broken Hill Proprietary (BHP-N) to close its Beenup titanium mine in Western Australia.The company tried, unsuccessfully, to solve th…
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THE NORTHERN MINER — North American Mining Index (March 08, 1999)
84.86 (+0.31)(Sept. 30/98 = 100)…
MINING MARKETS & INVESTMENT NEWS — Dayton continues to rebuild
A proposal to reorganize its capital structure marks a final step in a re-building process that Dayton Mining (DAY-T) started more than eight months ago.The beleaguered gold producer intends to conver…
Asia Minerals proves up Copperstone
Asia Minerals (AMP-A) is inching its way toward feasibility at the Copperstone gold project in southwestern Arizona, having just tabled encouraging results from a scoping study.The Vancouver-based com…
THE NORTHERN MINER — Small Producers Index (March 08, 1999)
82.21 (+0.48)(Sept. 30/98 = 100)…
SPOT PRICES (March 08, 1999)
Wednesday, March 3, 1999Precious MetalsPrice (US)ChangeGold286.65+$0.55Silver$ 5.3…
Index (March 08, 1999)
CareersClassifiedCommentaryDrillersEditorialLetter to the EditorMarket PlaceMetal PricesNews RoundupPeoplePerspectivesProfessional DirectoryStock MarketSubscription Services…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow wipes out last week’s gains
The Dow Jones industrial average dropped 246.81 points for the report period ended March 2, to close at 9,297.61.Mining issues were mixed in modest trading, as metals prices held steady. New York Stoc…
Golden Goose busy at Magino
Toronto-based Golden Goose Resources (GGR-T) has completed more metallurgical work to determine the feasibility of a heap-leach mine at its Magino gold property near Wawa, Ont.The program, carried out…
Greystar expands project
Greystar Resources (GSL-T) has tied up more ground at its Angostura gold-silver property in northeastern Colombia.The property now consists of 10 concessions, licenses or permits totalling roughly 4,0…
METAL PRICES (March 08, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMar. 2Mar. 1Feb. 26Feb. 25…
PRODUCER & DEALER PRICES (March 08, 1999)
Antimony: Representative mid-market US$1,390 per tonne (Mar. 2/99).Bismuth: Representative mid-market US$3.25 per lb. (Mar. 2/99).Cadmium: Representative mid-market US$0.28 per lb. (Mar. 2/99).Chromiu…