The Northern Miner — Small Producers Index (January 31, 2000)
60.28 (-0.69)(Sept. 30/98 = 100)…
News
Vista plans to restart Hycroft
Vista Gold (VGZ-X) intends to resume mining at its Hycroft gold property in northern Nevada following encouraging results from recent drilling.Results from the 10-hole program indicate that gold grade…
GREATEST VALUE TRADED, JAN. 19-25
Val($000s)HighLowCloseChangeAlcoa*N 1039449 79.00 71.81 72.31 – 5.69…
Cumberland extends trend
Following the discovery of new showings, Cumberland Resources (CBD-T) has quadrupled the size of its Meadowbank gold property in Nunavut.In 1999, Cumberland took 480 samples (grab, chip and float) fro…
Foran advances McIlvenna
Deep drilling by Foran Mining (FOM-V) at its McIlvenna Bay zinc-copper-gold deposit in Saskatchewan continues to intersect polymetallic mineralization.Hole 120A, drilled near the western edge of the d…
Battle for Dukat project heats up
An arbitration court in the northeastern Russian region of Magadan has agreed to hear a case aimed at overturning Moscow-based Kaskol Group’s winning bid for assets of the Dukat silver mine. The rulin…
Funds buy on expected demand strength
Fund enthusiasm for base metals continued unabated in the report period Jan. 17-21. Large volumes of speculative money flowed into the market, pushing both copper and aluminum to fresh peaks for the c…
Producer and Dealer Prices (January 31, 2000)
Antimony: Mid-mkt US$1,200/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$13.70-15.60/lb.Copper: Comex Mar. US$0.8425/lb.Indium: I…
MEETINGS (January 31, 2000)
Feb 1 Canaustra — annual, generalFeb 1 Condor — annual, generalFeb 2 Arena — annual, specialFeb 2 Donrand — general, specialFeb 2 Hixon –…
Canadian miners suffer broad market decline
The tone for the Jan. 19-25 report period was set by gold, which sank US$3.85 over the week to US$284.90 per oz. on the London morning fix of Jan. 26.On Jan. 25, the Bank of England held another gold …
Golden Star in black
Golden Star Resources (GSR-X) expects to report an operating profit on the strength of production from its 70%-owned Bogoso mine in Ghana.In the fourth quarter of 1999, the mine produced 36,074 oz. go…
Diavik refused permit
Canada’s Department of Indian Affairs and Northern Development (DIAND) has refused to issue Aber Resources (ABZ-T) and London-based Rio Tinto (RTP-N) an interim land use permit for the US$1.3-billion …