Companies (November 29, 1999)
AMT International MiningAnglo AmericanAnglogoldAnooraq ResourcesBema GoldCancor MinesChannel ResourcesChief Consolidated MiningComaplex MineralsConquistador MinesCorner Bay MineralsCumberland Resource…
Franco-Nevada Mining Corporation Limited
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…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Broad market shines on mixed producer showings
The Toronto Stock Exchange 300 index climbed 287.21 points during the Nov. 10-16 report period, ending at 7,570.73. Resource stocks were mixed again, with the metals and minerals sub-group rising 47.2…
Miners slam policy changes
Representatives of the Colorado mining industry recently convened at Golden to voice their opposition to proposed changes to federal mining and milling policy. The complaints were heard by the House S…
Companies (November 01, 1999)
Achieva DevelopmentAlmaden ResourcesAnooraq ResourcesAsarcoAshanti GoldfieldsAtna ResourcesBarrick GoldBlackstone ResourcesBlue Desert MiningBreakwater ResourcesCambiorCamflo ResourcesCamnor Resources…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Majors sag as gold sinks below US$300 per oz.
The party came to an abrupt end during the Oct. 20-26 report period as gold nosedived US$19.35 to hit US$290.40 per oz. on the London morning fix of Oct. 27.During the last week of October, most of th…
Companies (October 25, 1999)
Aber ResourcesAnglo AmericanAnglogoldApex Silver MinesAsarcoAshanti GoldfieldsAyrex ResourcesBarrick GoldBlack Hawk MiningCaledonian Pacific MineralsCambiorCerro DoradoColumbia MetalsCyprus Amax Miner…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Gold drops, nickel leadsrally in base metals
The Oct. 13-19 report period saw a third week of declines in the gold price, with the yellow metal diving US$10.75 to US$309.75 per oz. on the London morning fix of Oct. 20.Though gold’s weakness took…
Hedge books worry Ashanti, Cambior
The well-publicized troubles of Ashanti Goldfields (ASL-N), whose hedge book reached a negative paper value of US$450 million early this month, appear to be easing as the potential loss shrinks. Ashan…
LATIN AMERICA — NEWS ROUNDUP — Franco seeks Don Mario royalty
Orvana Minerals (ORV-T) has signed an agreement granting Franco-Nevada Mining (FN-T) the option to buy a 2.5% net smelter royalty on production from the Don Mario gold-copper project in eastern Bolivi…
Companies (October 18, 1999)
Aber ResourcesAfrioreAnglo AmericanAnglogoldAntares Mining & ExplorationAsarcoAshanti GoldfieldsAshton Mining of CanadaAsia Pacific ResourcesAtna ResourcesBarrick GoldBattle Mountain GoldC…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Stocks decline as spot gold settles to US$320 per oz.
After several weeks of excitement, gold started to settle down during the holiday-shortened Oct. 6-12 report period, with spot prices restricted to within the US$315-325-per-oz. range. Over the week, …