OPAP cancellation short-sighted
It has recently come to my attention that the Ontario government will cancel the Ontario Prospectors Assistance Program (OPAP) as part of a cost-reduction program. As president of a junior mining comp…
News
Vengold goes dot.com route
After losing US$76.4 million (or US53 per share) during the first nine months of 1999, Vengold (VEN-T) has decided to its shift its focus away from mining and toward the internet.The considerable siz…
EuroZinc boosts resource
As part of a final feasibility study, EuroZinc Mining (EZM-T) has released new resource estimates for the past-producing Aljustrel project in Portugal.The Vancouver-based company hopes to revive Aljus…
EuroZinc
Amidst all the hype of the internet and high-tech stocks, Dia Met Minerals (DMM-T) is showing just how profitable diamond mining can be.With the global diamond market bolstered by De Beers “Millennium…
Kinross warms to Greystar
Prior to an internal review of the company’s Angostura gold-silver project in Colombia, Kinross Gold (K-T) bought 104,000 shares of Greystar Resources (GSL-T) at 81 each. An additional 400,000 shares…
Gold, nickel production falls in September
Canadian production of lead, silver and refined copper and zinc rose between September 1998 and September 1999, whereas output of primary copper and zinc, nickel and gold was down.The statistics shown…
Ecuadorian cuts high-grade mantos in Peru
Widely spaced drilling has returned strong gold values for Ecuadorian Minerals (EMC-T) at the Vetaspata property in southeastern Peru.Results from 12 of 19 core holes, totalling 1,750 metres, confirm …
Yorkton analysts court Princess in Newfoundland Investment Commentary
Mining analysts Doug Leishman and Art Ettlinger are suggesting that speculative investors closely monitor the activities of Cornerstone Capital Resources (CTP-V), a junior company holding a large prop…
The Northern Miner — North American Mining Index (December 20, 1999)
91.50 (-2.98)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 20, 1999)
55.81 (-4.36)(Sept. 30/98 = 100)…
No break-out yet
A week ago, base metals markets seemed poised to move out of the recent phase of lethargic trading. However, after some volatility early in the week ended Dec. 10 (notably in aluminium and zinc), pric…
Metal Prices (December 20, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateDec. 14Dec. 13Dec. 10Dec. 9…