METAL PRICES (November 01, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateOct. 26Oct. 25Oct. 22Oct. 21…
News
PEOPLE — Golden Peaks
Kieran Downes appointed president and CEO.
Inmet posts profits
Inmet Mining (IMN-T) is on track for a profitable year following a third quarter that saw the copper and gold producer earn $8.4 million on revenue of $32.1 million (or 22 cents per share).After $3.4 …
WMC advances Meliadine West project
Infill drilling by Australian-based Western Mining Corp. (WMC-N) has confirmed resources previously inferred at the Meliadine West property near Rankin Inlet, Nunavut.The infill program, consisting of…
Gabriel outlines resource at Certej
Underground sampling by Gabriel Resources (GBU-V) has resulted in a preliminary resource estimate for the Certej gold project near Deva, in western Romania.The Certej exploration concession covers gro…
Rio Narcea aims for growth through discovery
A strong commitment to exploration is beginning to pay off for Rio Narcea Gold Mines (RNG-T), owner and operator of the El Valle mine near this coastal city in Asturias province. Recent drilling has r…
PacMin advances Aussie gold project to feasibility
In advancing the Carosue Dam gold project to feasibility, Teck’s (TEK-T) Australian subsidiary, PacMin Mining (pml), is using the experience gained from its Tarmoola mine operations to control operati…
Cominco boosts Teck earnings
Teck (TEK-T) has posted a healthy third-quarter profit, buoyed by the contribution from its equity stake in base metal major Cominco (CLT-T).Teck earned $12 million (or 11 cents per share) on revenue …
NEW HORIZONS — Gold keeps explorer seeing 20-20
The National Aeronautics and Space Administration in the U.S. is developing artificial “muscles” containing gold components to aid in the exploration of space.The electronic muscles are being develope…
PEOPLE — X-Cal
D.W. Kappes appointed director.
PEOPLE — Westward
Jay Sujir appointed director.
Rapu Rapu project enters final stretch
The Rapu Rapu polymetallic project in the Philippines could well be economically viable, according to a preliminary feasibility study.The study, led by Signet Engineering of Australia, calls for minin…