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…
News
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…
PEOPLE — Maracote International
David W. Mallo appointed director.
PEOPLE — Winspear
R.J. MacDonald appointed senior vp and chief financial officer.
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — VSE composite index gains momentum
William Hess, chairman of the Alberta Securities Commission, has been selected as the president and chief executive officer of the soon-to-be-launched Canadian Venture Exchange (CDNX). As part of a ma…
PEOPLE — Redfern
Elden Schorn appointed vp corporate affairs.
PEOPLE — Metallica
Richard Hall appointed president, CEO and director.
PEOPLE — Loubel
Albert Campbell appointed director.
PEOPLE — Gainey
Harvey Berenbaum appointed director.
LionOre ponders nickel expansion
Toronto-based LionOre Mining International (LIM-T) is reaping the benefits of improved nickel prices through its 41.65% interest in Tati Nickel Mining, owner of a nickel mining operation in Botswana.T…