U.S. copper demand on the rise
Copper consumption in the U.S. was 2.6% higher in the first seven months of 1999, compared with the corresponding period last year.The U.S., the world’s chief consumer of copper, is expected to use 8….
News
PRODUCER & DEALER PRICES (November 01, 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$14.50-16.00/lb.Copper: Comex Dec. US$0.798/lb.Indium: Indiu…
Companies (November 01, 1999)
Achieva DevelopmentAlmaden ResourcesAnooraq ResourcesAsarcoAshanti GoldfieldsAtna ResourcesBarrick GoldBlackstone ResourcesBlue Desert MiningBreakwater ResourcesCambiorCamflo ResourcesCamnor Resources…
Cows, pigs and beavers — Government follies
“Pssst, mister miner, wanna buy some bovine belching credits?”Some what?”Methane emissions from cows. Haven’t you heard? They contribute to global warming. I’ve got some farmers willing to stop raisin…
ALASKA & THE YUKON — Copper Ridge hot on Scheelite Dome — Drilling aimed at proving up gold target in Yukon
Increasingly, Copper Ridge Explorations (KRX-V) is of the opinion that its Scheelite Dome property represents one of the better mineralized plutonic-related gold targets in north-central Yukon. The co…
ALASKA & THE YUKON — Cominco hot on Red Dog target — Latest results warrant follow-up drilling in 2000
Based on drill results from a new target 6 miles north of its Red Dog zinc-lead mine in northern Alaska, Cominco (CLT-T) has decided to proceed with an extensive follow-up program next summer.Highligh…
INSIDER TRADING — Quebec pension fund boosts Cambior holdings
Caisse de depot et placement, a Quebec pension fund, bought 250,000 shares of Cambior (CBJ-T) at $4-4.03 each to hold more than 8 million shares directly or indirectly. The fund must report its transa…
ALASKA & THE YUKON — Drilling disappoints for Ventures
Drilling at the Carrie Creek gold target in east-central Alaska has come up short for Ventures Resource (VRS-V).The company completed 8,000 ft. of drilling in 10 holes, returning only anomalous gold v…
ALASKA & THE YUKON — Greens Creek cranks out silver for Kennecott, Hecla
With improving production costs and the discovery of new mineralized zones, the revived Greens Creek mine in Alaska is securing its position as one of the largest silver mines in the U.S.Situated on A…
Anooraq gains Bushveld platinum project
Junior Anooraq Resources (ARQ-V), part of the Dickinson-Hunter group, has acquired the rights to a 74-sq.-km land package prospective for platinum group metals. The properties are on the northeastern …
Inmet posts profits
Inmet Mining (IMN-T) is on track for a profitable year following a third quarter that saw the copper and gold producer earn $8.4 million on revenue of $32.1 million (or 22 cents per share).After $3.4 …
WMC advances Meliadine West project
Infill drilling by Australian-based Western Mining Corp. (WMC-N) has confirmed resources previously inferred at the Meliadine West property near Rankin Inlet, Nunavut.The infill program, consisting of…