Writedown dampens Battle Mountain’s results
The writedown of its interest in the Crown Jewel gold project in Washington state, combined with losses related to its interest in Niugini Mining, pushed Battle Mountain Gold (BMG-N) into the red for …
News
No Headline (February 14, 2000)
Precious metals in the limelight
Precious metals took centre-stage in the 5-day report period ended Feb. 4. Gold prices pushed sharply higher on Feb. 4, eventually reaching a peak of $318 per oz. in Far East trading early on Feb. 7, …
Cortez, Granny Smith bolster Placer Dome
The Cortez mine in Lander Cty., Nev., retained its status as the lowest-cost gold producer in North America during 1999, contributing to a year of record production for 60%-owner Placer Dome (PDG-T).T…
Spot Prices Wed. February 9, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$306.00+$22.90Silver$ 5.36+$0.15…
Rebirth of the Emerald mine
I well recall those early days in the office of Canadian Exploration and Placer Development in Vancouver. Les Batten, Jerry Christie and I occupied a single small office adjacent to the large rooms of…
Blue Bird owes debt to Bagdad
I read with great interest the letter “Arizona birthplace of SX-EW process” in your Jan. 17-23 issue. The letter is only partially correct.Solvent extraction-electrowinning was pioneered in Arizona. R…
Ray of hope for Diavik project
The management of Diavik Diamond Mines is meeting with local native leaders and representatives of the federal government in Yellowknife, N.W.T., in an attempt to resolve the environmental impasse tha…
Luscar coal sold for less to Japanese steel mills
A deal between Edmonton, Alta.-based Luscar and six Japanese steel mills for the export of hard coking coal is described as disappointing by the coal producer’s president.Gordon Ulrich says the contra…
Producer and Dealer Prices (February 14, 2000)
Antimony: Mid-mkt US$1,160/t.Bismuth: Mid-mkt US$3.90/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$14.10-15.50/lb.Copper: Comex Mar. US$0.82/lb.Indium: Ind…
Halting the Newfoundland giveaway
In a recent interview for the Canadian Broadcast Corporation, Northern Miner Editor Vivian Danielson expressed an opinion concerning development of the Voisey’s Bay property by Inco.I have no argument…
GREATEST VALUE TRADED, Feb. 2-8
Val($000s)HighLowCloseChangeAlcoa*N 695087 75.56 65.94 65.94 – 6.18…