METAL PRICES (May 10, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateMay 4May 3April 30April 29…
News
Greenstone revises gold reserves and resources
Greenstone Resources (GRE-T) has revised reserve and resource estimates for its La Libertad and San Andres gold mines in Nicaragua and Honduras, respectively.Proven and probable reserves at La Liberta…
PRODUCER & DEALER PRICES (May 10, 1999)
Antimony: Representative mid-market US$1,235 per tonne (April 27/99).Bismuth: Representative mid-market US$3.55 per lb. (April 27/99).Cadmium: Representative mid-market US$0.23 per lb. (April 27/99).C…
LETTER TO THE EDITOR — BC explorer stung by regulations
I can verify the assessment in your recent editorial about what has happened in British Columbia (T.N.M., April 19-25/98), and can tell you that, on Vancouver Island, it’s even worse than you stated.B…
Cambior still in the black
Gold production was up and costs down for Cambior (CBJ-T) in the quarter ended March 31, enabling the Montreal-based miner to remain in the black.The company produced 164,200 oz. of the yellow metal d…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Victory, Polymet lead VSE to soaring levels
The Vancouver Stock Exchange composite index soared 13.66 points, or 3.1%, to finish the week ended May 4 at 450.17. The mining index followed suit, tacking on 11.03 points, or 3.5%, to close at 321.5…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Precious, base metal miners stage broad rally
The April 28-May 4 report period saw a broad rally in metal prices and mining stocks in the eastern markets.Leading the charge were gold prices, which shot up $4 to US$285.50 per oz. on the London mor…
EuroZinc cuts good grades at Aljustrel
Drill results from the Feitais deposit on the formerly producing Aljustrel property in southern Portugal bode well for EuroZinc Mining (EZM-V).The newly formed company — an amalgamation of two Vancou…
LME WHSE LEVELS (May 10, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at May 4/99 (change from April 27 in brackets):MetalStocks(tonnes)Change…
THE NORTHERN MINER — Small Producers Index (May 10, 1999)
70.93 (+1.85)
THE NORTHERN MINER — North American Mining Index (May 10, 1999)
107.17 (+6.51)
GREATEST VALUE TRADED, April 28-May4
ExchgVol(000s)HighLowCloseChangeInco LtdT427530…