Bema gets squeezed by senior partners
Although gold prices remained below US$267 per oz. during the Nov. 8-15 report period, there was a steady stream of news from both major and junior gold companies.Down 5 to 41, Vancouver-based Bema …
Bema Gold Corporation
Refugio’s fate in doubt as losses mount
Despite the best efforts of partners Kinross Gold (K-T) and Bema Gold (BGO-T), the Refugio mine in Chile’s Maricunga district seems unable to turn a profit in today’s brutal price environment.Represen…
Low prices take toll on gold mines
The prolonged slump in gold prices has taken its toll on a number of low-grade, bulk-tonnage gold projects in South America, leaving only a handful of robust projects able to survive the rocky road to…
Bema finances Julietta as Refugio disappoints
A US$25-million financing agreement is allowing Bema Gold (BGO-T) to draw up construction plans for its 79%-owned Julietta gold-silver mine in Russia.Two European banks have agreed to put up the funds…
Companies (November 29, 1999)
AMT International MiningAnglo AmericanAnglogoldAnooraq ResourcesBema GoldCancor MinesChannel ResourcesChief Consolidated MiningComaplex MineralsConquistador MinesCorner Bay MineralsCumberland Resource…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Vancouver markets slump while Alberta heats up
The Vancouver Stock Exchange composite index dropped 6.22 points, finishing the week ended Nov. 23 at 386.77. The mining index also lost ground, shedding 2.48 points at 261.38. The combined value of t…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Gold price nudges up towards $300 mark
Gold flickered back to life during the report period ended Nov. 23, with spot prices climbing US$2.40 over the week to US$297.85 per oz. on the Nov. 24 London morning fix. Gold was trading above US$29…
Bema, Ecuadorian swap shares
As a means to advance its South American projects, Ecuadorian Minerals (EMC-T) is exchanging 3.8 million of its shares for 3.3 million shares of Bema Gold (BGO-T).The trade, which is subject to regula…
Companies (November 15, 1999)
Aber ResourcesAfrioreAnaconda NickelAnglo AmericanAnglogoldApex Silver MinesAshanti GoldfieldsAtna ResourcesAurizon MinesBarrick GoldBattle MountainBema GoldBlack Hawk MiningCambiorCamecoCanarc Resour…
Companies (October 11, 1999)
Agnico-Eagle MinesAlberta EnergyAmerican Mineral FieldsAnaconda NickelAnglo AmericanAnglogoldAsarcoAshanti GoldfieldsAshton Mining of CanadaAtna ResourcesBarramundi GoldBarrick GoldBattle Mountain Gol…
Victoria adds property
Vancouver-based Victoria Resource (VIT-V) has added another gold property to its Nevada land package.In the northern portion of the state, the company has the right to earn 100% of the North Carlin pr…
WESTERN MARKETS — Composite makes steady gains on VSE
The Vancouver Stock Exchange composite index continued its bullish charge during the report period ended Oct. 5, rising 5.73 points, or 1.4%, to finish the week at 422.63. The mining index broke the 3…