MOST ACTIVE ISSUES, Jan. 27-Feb. 2
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News
EDITORIAL & OPINION – COMMENTARY — Projects to boost niobium supply
Demand for niobium has increased over the past decade, rising from an average of just over 19,000 tonnes between 1990 and 1993 to a record level of 28,740 tonnes in 1997. Despite this sharp increase, …
MINING MARKETS & INVESTMENT NEWS – NEWS ROUNDUP — Gardener withdraws takeover bid
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…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — High-techs send market tumbling
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 …
GREATEST VALUE TRADED, Feb. 3-9
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METAL PRICES (February 15, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateFeb. 9Feb. 8Feb. 5Feb. 4…
Geomaque makes foray into Nevada
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…
SPOT PRICES (February 15, 1999)
Precious MetalsPrice (US/oz)ChangeGold$287.10-$0.45Silver$ 5.53-$0.01…
LME WHSE LEVELS (February 15, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Feb. 9/99 (change from Feb. 2 in brackets):MetalStocks(tonnes)Change…
Strong quarter buoys Cominco
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…
PRODUCER & DEALER PRICES (February 15, 1999)
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…
Diavik partners alter proposed plan
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…