Asarco takes loss for quarter
Asarco (AR-N) declared a net loss for the fourth quarter of 1998 as a result of low copper prices.After non-recurring items, the company lost US$68.7 million (or $1.73 per share), compared with net ea…
News
GREATEST VALUE TRADED, Jan. 27 – Feb. 2
ExchgVal($000s)HighLowCloseChangeBarrick GoldT389…
Kubaka’s performance buoys Kinross
With the Kubaka gold mine in Far Eastern Russia now its star performer, Kinross Gold (K-T) is continuing efforts to improve efficiencies at its other mines around the world.As part of this effort, Kin…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Mining index slips despite higher VSE composite
The Vancouver Stock Exchange composite index managed to edge up 0.49 of a point, or 0.1%, and close the week ended Feb. 2 at 419.22. The mining index did not fare as well, losing 7.12 points, or 2.3%,…
Index (February 08, 1999)
CareersClassifiedDrillersEditorialMarket PlaceMetal PricesNew HorizonsOdds’n’SodsProfessional DirectoryStock MarketSubscription Services…
Meetings (February 08, 1999)
Feb. 9, FCMI Feb. 10, Anderson Feb. 10, Nevada Star Feb. 11, Blackwater Feb. 11, La Teko Feb. 12, GMD Res. Feb. 15, ABX Feb. 15, Messina Diamond Feb. 15, Scandia Feb. 15, Wheat Hills Feb. 16, Colevill…
Barrick extends offer for Argentina Gold
Barrick Gold (ABX-T) has extended its offer for all outstanding shares of Argentina Gold (ARP-V) for $5 cash per share until Feb. 9.In response, AG stands firm in its recommendation that its sharehold…
Yamana discovers copper sulphides in Chile
Exploration by Yamana Resources (YRI-T) has uncovered disseminated copper sulphide mineralization in drill cuttings and hydrothermal alteration assemblages at two of the company’s eight porphyry coppe…
Metals should recover in year 2000: experts — New technology expected to slash production costs
The world economy should stabilize this year and begin a modest recovery in the year 2000, triggering a recovery in metals prices.Peter O’Connor, an international equity investment manager, delivered …
Gowest, GeoNova team at Cavalier
Juniors Gowest Amalgamated Resources (GWA-A) and GeoNova Explorations (GNE-M) have entered into an equal joint-venture agreement at the latter’s Cavalier property, in the Casa Berardi region of northw…
TSE INDICES (February 08, 1999)
1999Feb. 2Feb. 1Jan. 29Jan. 28Jan. 27HighLowComposite “300”6683.786765.446729.566668.456651.717835.755325.79Metals & Minerals2944.243024.783030.153023.823019.714423.922412.49Integ…
Careers (February 08, 1999)
Research ChairsLaurentian university is located in Sudbury, at the heart of Ontario’s hard-rock mining industry. Laurentian is undertaking a major initiative to build on and strengthen its research an…