METAL PRICES (March 08, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMar. 2Mar. 1Feb. 26Feb. 25…
Articles by Northern Miner Staff
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…
Newmont readies Trenton Canyon mine
Newmont Mining (NEM-N) will soon begin pulling gold from its Trenton Canyon open-pit project, southwest of Battle Mountain, Nev.Plans call for the ore to be placed directly on to heap-leach pads, uncr…
PEOPLE – Canadian Mining (March 08, 1999)
Ray Paquette appointed president, and Edward Skoda and William Berridge appointed directors.
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…
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…
SPOT PRICES (March 08, 1999)
Wednesday, March 3, 1999Precious MetalsPrice (US)ChangeGold286.65+$0.55Silver$ 5.3…
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…
NEWS ROUNDUP — Altai options project to Barrick
Toronto-based Altai Resources (ATI-T) has optioned its Rodeo gold project in Peru’s Ancash province to a unit of Barrick Gold (ABX-T).The companies agreed to hold the property in a joint-stock company…
Aur to fund feasibility at Tiomin’s Kwale project
The relationship between mid-tier copper producer Aur Resources (AUR-T) and junior Tiomin Resources (TIO-T) has been cemented by Aur’s financing of a feasibility study on Tiomin’s Kwale titanium-sands…
ODDS ‘N’ SODS — The last laugh
The Quebec Ministry of Mines used to publish lists of claims that were about to expire. These were studied by stakers like myself, since one never knew when some hot property was going to come open. P…
PEOPLE — Cons. Tako
Victoria Chen appointed director.