Careers (August 09, 1999)
Mount Polley Mining Corporation has an opening for a PERSONNEL AND SAFETY CO-ORDINATOR at the Mount Polley Mine located east of Williams Lake near Likely, BC.This position reports to the Mine General …
News
Buchans area heats up
Rumours about a major new base metal discovery in the Buchans area of central Newfoundland are rumours still, but activity in the area suggests there may be some substance to the buzz.The stories have…
Record gold production, higher costs for Normandy
Improved performances at eight gold mines propelled Australian major Normandy Mining (NDY-T) to new production records for its recently completed fiscal year.For the year ended June 30, Normandy produ…
Mindoro to drill Agata
Mindoro Resources (MIO-A) has planned a 20-hole, 2,000-metre drilling campaign at the Agata gold project in the Philippines following the discovery of high-grade gold anomaliesDrilling of the Assmicor…
Inuit vote to settle land claims
Members of the Labrador Inuit Association (LIA) have approved a preliminary agreement for what is expected to be first land claim settlement in Newfoundland’s history.The yes vote endorses efforts of …
GOLD FUNDS (August 02, 1999)
Gold Funds as of July 28, 1999BGRCentralNet Value$12.965.47Price$9.10$5.5…
CORRECTION (August 02, 1999)
The web site for “GeoCanada 2000: The Millennium Geoscience Summit” is http://www.geocanada2000.com. Incorrect information appeared in our issue of June 21-27.For more information on the meeting, to b…
Falco boosts production
On a tide of higher production levels, second-quarter earnings have pushed Falconbridge (FL-T) back into the black.The company showed a profit of $30.9 million ($28 million, or 16 cents per share, aft…
US seeks alternatives to IMF gold sales
In response to congressional opposition, the U.S. government is seeking alternatives to a plan by the International Montetary Fund (IMF) to sell gold to finance debt relief.Under the IMF proposal, up …
Production down, earnings up for Stillwater
Production difficulties related to an expansion program at its namesake mine in Montana has forced Stillwater Mining (SWC-X) to record a loss for the second quarter of the year.The company intended to…
LME WHSE LEVELS (August 02, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at July 20/99 (change from July 13 in brackets):MetalStocks(tonnes)Change…
SPOT PRICES (August 02, 1999)
Precious MetalsPrice (US$/oz.)ChangeGold$254.00+$1.10Silver$ 5.15+$0.12…