PEOPLE — Crystallex Int’l (February 15, 1999)
C.B. Cramm appointed vice-president of planning and acquisitions.
News
PEOPLE — Newmont Mining (February 15, 1999)
Robert Miller, James Taranik and Robert Quenon appointed directors.
GOLD FUNDS (February 15, 1999)
Gold Funds as of February 4, 1999BGRCentralNet Value$13.936.06Price$9.40$…
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
ExchgValue($000s)HighLowCloseChangePlacer DomeT20…
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…
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…
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…
Refugio shows improvements
The Refugio mine in northern Chile is showing signs of improvement for equal owners Bema Gold (BGO-T) and Kinross Gold (K-T).The open-pit operation, which employs 3-stage crushing combined with heap l…