Companies (August 09, 1999)
Agnico-Eagle MinesAltius MineralsApex Silver MinesArchangel DiamondAtna ResourcesBard Silver & GoldBarrick GoldBattle Mountain GoldBema GoldBillitonBuchans RiverCambiorCamnor ResourcesCancor MinesCanm…
Kinross Gold Corporation
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Yellow metal regains ground as nickel prices show strength — Franco- and Euro-Nevada post gains as yellow metal recovers
Riding on the back of stronger metal prices, the Toronto Stock Exchange 300 index gained 10.61 points during the report period July 28-Aug. 3 to finish at 7,033.30.The biggest news of the week was the…
Bema tables new production estimate for Refugio
Improved mining methods and new processing equipment will boost gold production at the Refugio gold mine by 30,000 oz. per year, according to new estimates by equal partners Bema Gold (BGO-T) and Kinr…
George Lake project gets new lease on life
Unable to go it alone, Kit Resources (kit-) has enlisted the aid of Kinross Gold (K-T) to develop its George Lake gold project near Bathurst Inlet in Nunavut.Touted as one of the largest undeveloped p…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Gold continues its mid-summer slumber
During the July 21-27 report, gold took a baby step back from oblivion, gaining $1.10 to hit US$254 per oz. on the London morning fix of July 28.Each of Canada’s three biggest gold producers posted ga…
Resource grows at Timmins project
The Hoyle Township project owned by Black Hawk Mining (BHK-T) east of Timmins, Ont., has a substantial gold resource and could be economic at improved gold prices, according to a recent report.The stu…
Companies (July 26, 1999)
Abcourt MinesAber ResourcesAsarcoBarrick GoldBlack Hawk MiningBroken Hill Pty.CambiorCamecoCampbell ResourcesCanabrava DiamondComincoCumberland ResourcesCyprus AmaxDe Beers Cons. MinesEldorado GoldEur…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Aber-Tiffany deal adds sparkle to dim market
Gold dropped to yet another 20-year low during the quiet report period ended July 20, losing $2.70 to hit US$252.90 per oz. on the London morning fix of July 21.Most of Canada’s major gold producers s…
Pan American secures Dukat financing — Silver mine in far eastern Russia poised to re-enter production
Pan American Silver (PAA-T) has arranged a financing package to restart the Dukat silver mine in the Magadan region of far eastern Russia, and taken steps to increase its interest to 90%.A syndicate o…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Gold reaches 20-year lows during summer slump
Gold prices touched new 20-year lows during the July 7-13 report period, losing 60 cents to hit US$255.60 per oz. on the London morning fix ofJuly 14.Although there was relatively little activity in t…
INSIDER TRADING — Kinross, Viceroy repurchase shares
Recent filings with the Ontario Securities Commission show that both Kinross Gold (K-T) and Viceroy Resource (VOY-T) repurchased shares in their respective companies in April. The former bought 1.3 mi…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Base metal majors buoyed by copper prices
Copper was the big story during the June 30-July 6 report period, with prices shooting up 5 cents, to 75 cents per lb., in response to a series of cutbacks in copper mining and smelting operations in …