Producer and Dealer Prices (January 18, 1999)
Aluminium: LME settlements US$1,255, alloy US$1,042 per tonne (Jan. 12/99).Antimony: Representative mid-market US$1,210 per tonne (Jan. 12/99).Bismuth: Representative mid-market US$3.05 per lb. (Jan. …
News
Greenstone closes financing
An agreement with its bankers has enabled Greenstone Resources (GRE-T) to raise more than US$7 million in equity.Brokerage house Nesbitt Burns bought 10.8 million shares in the company, at $1.20 per s…
Meetings (January 18, 1999)
Jan. 18, Caledonia Jan. 18, Cantex Jan. 18, Croesus Jan. 18, Emerald Isle Jan. 18, Fort Knox Jan. 18, Rodera Jan. 19, Ameridex Jan. 19, Big Bear Jan. 19, Golden Hill Jan. 19, Int’l Arlo Jan. 19, Int’l…
EDITORIAL & OPINION – COMMENTARY — Mining in the new millennium
On New Year’s Eve, as I said goodbye to 1998 and toasted the arrival of ’99, I experienced a wave of excitement and a twinge of trepidation. For the first time, the millennium no longer seemed to be a…
METAL PRICES TSE INDICES
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJan. 12Jan. 11Jan. 8Jan. 7…
Mustang eyes Tillicum Mountain
Junior Mustang Gold (MUST-C) is acquiring the Tillicum Mountain gold property in British Columbia by merging with an unlisted company.The Toronto-based company will issue an aggregate of 3.9 million s…
MOST ACTIVE ISSUES (January 18, 1999)
ExchgVol(000S)HighLowCloseChangePlacer DomeT19736…
New mine openings were the silver lining in cloudy ’98
The global economy took a beating in 1998, perhaps the worst year for commodity prices since 1991, and the outlook for 1999 is believed, by many, to be lacklustre at best. In many cases these hardship…
Index (January 18, 1999)
Book ReviewCareersClassifiedCommentaryDrillersEditorialGeology 101Letter to the EditorMarket PlaceMetal PricesMining Markets & Investment News Professional DirectoryStock MarketSubscription …
GREATEST VALUE TRADED (January 18, 1999)
ExchgVal($000S)HighLowCloseChangePlacer DomeT3700…
Dayton Mining restructures Andacollo debt
Dayton Mining (DAY-T) has found a long-term solution to the problem of how to finance its wholly owned Andacollo gold mine in central Chile.The company reached an agreement with its banking syndicate …
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Spot nickel soars as base metal miners rally
World markets were jittery during the Jan. 6-12 report period, owing to concern over the economic health of Brazil. Capital fled out the Latin American powerhouse — including US$1 billion on Jan. 12 …