Companies (March 15, 1999)
Alberta EnergyAltius MineralsAnglo AmericanArgentina GoldAshanti GoldfieldsAshton Mining of CanadaAzimut ExplorationBarrick GoldBHP DiamondsBlack Hawk MiningBoreal ExplorationBroken Hill Pr…
Phelps Dodge Corporation
Cornerstone options Newfoundland ground to major
A major copper producer plans to explore the Princess property on Newfoundland’s Bonavista Peninsula for its potential to host volcanic red-bed copper and/or epithermal porphyry copper-gold mineraliza…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow wipes out last week’s gains
The Dow Jones industrial average dropped 246.81 points for the report period ended March 2, to close at 9,297.61.Mining issues were mixed in modest trading, as metals prices held steady. New York Stoc…
U.S. MARKETS — Dow climbs toward new high
The Dow Jones industrial average climbed 247.39 points over the report period ended Feb. 23, to 9,544.42 — 100 points shy of a new high.Mining issues were mixed. Most copper producers continued to su…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Low copper pounds producers
The Dow Jones industrial average gained 164 points, or 1.8%, during the report period ended Feb. 16, to close at 9,297.03.Mining issues were mixed throughout the week, though copper producers were hit…
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 …
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Higher prices buoy producers
A surge in gold and silver prices helped U.S. producers, while the Dow Jones industrial average slid 50.46 points (0.5%) to finish the report period ended Feb. 2 at 9,274.12.Gold producers benefited f…
Teck options three Chilean properties
Teck (TEK-T) will form joint ventures with General Minerals (GNM-T) on three copper projects in central Chile.The Vancouver-based major can earn a 60% interest in General Minerals’ Productura copper-g…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow stable after mid-week dip
The Dow Jones industrial average dipped more than 200 points during the report period Jan. 20-26, though it recovered most of the loss in the last two days. The average finished down 30.64 points, or …
Companies (January 25, 1999)
Aber ResourcesAddwest Minerals InternationalAG Armeno Mines & MineralsAlberta EnergyAmblin ResourcesAmeridexAntares Mining & ExplorationArgentina GoldArmada GoldAshton MiningAurizon MinesBarrick GoldB…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow rebounds after slide
The Dow Jones industrial average ended a 4-day slide during the report period Jan. 13-19, following an all-time high in the previous week. The average gained about 200 points to close at 9,355.22.The …
Phelps Dodge posts loss
Continued low copper prices dragged down earnings for Phelps Dodge (PD-N) in the last quarter of 1998.The company reported a fourth-quarter loss of US$9.8 million (or 17 cents per share) before non-re…