Expansion unlikely for Brewery Creek
Heap-leach recovery problems have contributed to a production shortfall of 20,000 oz. at Viceroy Resource’s (VOY-T) Brewery Creek gold mine in the Yukon.Production during the first nine months of 1999…
News
LETTER TO THE EDITOR – Explorers better served by well-planned Ontario survey
Operation Treasure Hunt (OTH), announced by the Ontario government with great fanfare earlier this year as a gesture of support to the mining industry, has undergone some rather curious and difficult-…
Meetings (November 22, 1999)
Nov. 22, Alcan AlumniumNov. 22, Itec-MineralNov. 22, StoriminNov. 22, ThundelarraNov. 22, Viking GoldNov. 22, WilliamNov. 23, AdobeNov. 23, ApogeeNov. 23, Blue DesertNov. 23, CamfloNov. 23, Easton Min…
METAL PRICES, Daily Metal Prices (November 22, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateNov. 16Nov. 15Nov. 12Nov. 11…
Cambior loses US$27m
Posting a third-quarter loss of US$27.3 million (or US39 cents per share), gold miner Cambior (CBJ-T) has bitten the bullet and recorded a US$33-million charge against earnings related to the restruct…
Wolverine sulphides treatable: study
Following a $200,000 metallurgical study, Expatriate Resources (EXR-V) and Atna Resources (ATN-T) have concluded that selenium-rich mineralization at the Wolverine massive sulphide deposit in the Yuko…
INVESTMENT COMMENTARY — Dia Met gets nod for strong financial performance
Having completed the transition from explorer to producer, Dia Met Minerals (DMM-T) is getting attention from mining analysts for the strong performance of the Ekati diamond mine in the Northwest Terr…
CORRECTION (November 22, 1999)
Our issue of Nov. 8-14 contained incorrect information regarding the price paid by Viceroy Resources (VOY-T) to purchase the 60% interest in the Paradones Amarillos deposit it did not already own.Echo…
Hedging clips Newmont
Accounting charges related to hedging pulled down earnings for Newmont Mining (NEM-N) in the third quarter.The company posted a loss of US$39 million (or 23 cents per share) after a US$41.3-million no…
Claude jumps into the black
Despite lower gold prices, Claude Resources (CRJ-A) earned $1.3 million (or 4 cents per share) during the first nine months of the year, compared with a loss of $300,000 (1 cents per share) in the cor…
Hang up the hard hat . . . Put on an apron
Bugs are important to ecosystems (though we’ll never be fans of blood-sucking mosquitoes and flesh-eating black flies), but are they always more important than people?Environmentalists opposed to the …
PRODUCER & DEALER PRICES (November 22, 1999)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$4.60/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65/t.Cobalt: Recent trades US$13.75-15.50/lb.Copper: Comex Dec. US$0.7835/lb.Indium: Indi…