PRODUCER & DEALER PRICES (October 25, 1999)
Antimony: Mid-mkt US$1,165/t.Bismuth: Mid-mkt US$4.65/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65/t.Cobalt: Recent trades US$14.95-17.00/lb.Copper: Comex Dec. US$0.791/lb.Indium: Indiu…
Articles by Northern Miner Staff
METAL PRICES (October 25, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateOct. 19Oct. 18Oct. 15Oct. 14…
MOST ACTIVE ISSUES, OCTOBER 13-19
ExchgVol(000s)HighLowCloseChangeKinross GldT17130…
Asarco poised to accept Grupo Mexico offer
Asarco (AR-N) has notified Phelps Dodge (PD-N) that it intends to break their merger agreement and accept Grupo Mexico’s new offer for US$29.75 per share.The story may not be over, however, as Asarco …
First Dynasty expands Armenian output
A threefold increase in production is in store for the Armenian gold projects of First Dynasty Mines (FDM-T).The junior miner and its joint-venture partner, state-owned Armgold JSC, have decided to ex…
Meetings (October 25, 1999)
Oct 25 C2C MiningOct 25 CaesarsOct 25 ContikiOct 25 FlagOct 25 LandisOct 25 Silver PeakOct 25 TajzhaOct 25 VintageOct 26 DerekOct 26 MurgorOct 27 ArlingtonOct 27 BCY VenturesOct 27 Cons. InterstatOct …
Gold Reserve revises plan for Brisas mine
Drilling by Gold Reserve (GLDR-T) has increased proven and probable reserves at the Brisas gold-copper deposit in southeastern Venezuela.As a result of the 13-hole, 5,700-metre program, the reserve fi…
Greatest Value Traded, OCTOBER 13-19
ExchgVal($000s)HighLowCloseChangeAlcoa*N300815…
Junior picks up properties
Newcomer Cerro Dorado (CDCH-O) has signed a letter of intent to acquire a controlling stake in three gold properties in northern Chile from Fremont Gold (FGLD-O).Financial pressures forced Fremont to …
Northgate buys Kemess
The Kemess gold mine in northern British Columbia, the last remaining asset of defunct Royal Oak Mines, has been sold at last.Northgate Exploration (NGX-T) has agreed to take on the mine and keep it o…
Glamis sees higher production in 2000
By fully integrating the three mines it acquired from its recent merger with Rayrock Resources, as well as additional production from the new San Martin mine in Honduras, Glamis Gold (GLG-N) expects t…
Kinross, United Tex-Sol hit high grade in Timmins (October 18, 1999)
Operator Kinross Gold (K-T) and partner United Tex-Sol Mines (UTZ-A) have intersected high-grade gold mineralization at the Clavos project in Timmins, Ont.In addition to intersecting 94.6 grams gold p…