Companies (January 04, 1999)
@IDX:Aber ResourcesAltius MineralsArchon MineralsArgentina GoldAsarcoAscot ResourcesAtna ResourcesBanro ResourceBarrick GoldBlackstone ResourcesBroken Hill ProprietaryCamecoCamphor VenturesCanyon Reso…
News
The Year of the Rampaging Bear — 1998 characterized by retribution, rebuilding
If 1997 was a year of scandals and promotional excesses that the mining industry would prefer to forget, 1998 will go down as the year of retribution, rebuilding and retrenchment — a year when even t…
Diamond sector bolstered by triumphant startup at Ekati — Diavik project undergoes assessment; Snap Lake takes shape
A new era in Canadian mining dawned in October as the nation joined the ranks of the world’s diamond producers.Situated 300 km northeast of Yellowknife, N.W.T., in the sub-Arctic barren lands, the Eka…
Commodity prices take toll on US mining
As American miners ring in the new year, they are also bidding good riddance to a year they would just as soon forget. Several factors conspired against the U.S. mining industry in 1998, making it one…
ODDS ‘N’ SODS — My Mexican odyssey
In 1975, I was cruising around the Mexican state of Guerrero, looking at showings, and my travels took me through Chilpancingo.I looked up a man whose first name was Francisco, a 71-year-old mining en…
QUERY –US Platinum still breathing, softly
I would like a little data on U.S. Platinum Inc. Around June 1995, you featured a promising writeup on U.S. Platinum. I think the company was based in Salt Lake City, Utah. Your paper said it was dril…
Foreign political risk hits home in 1998 — Spurned Canadian-based juniors turn to courts as numerous international deals hit snags
Although North American mining companies, as a group, have prospered in recent years by venturing to remote parts of the world, several Canadian companies were devastated in 1998 as a result of overse…
PRODUCER & DEALER PRICES (January 04, 1999)
Aluminium: LME settlements US$1,239, alloy US$1,030 per tonne (Dec. 29/98).Antimony: Representative mid-market US$1,220 per tonne (Dec. 29/98).Bismuth: Representative mid-market US$3.10 per lb. (Dec. …
Namibian Minerals posts earnings
Higher second-quarter production helped offset lower realized diamond prices for Namibian Minerals (NMR-T).The alluvial diamond producer cranked out 42,600 carats in the three months ended Nov. 30, co…
CORRECTION (January 04, 1999)
Cameco (CCO-T) owns 100% of the Key Lake and Rabbit Lake uranium operations, 84% of the McArthur River uranium project, and 49% of the Cigar Lake uranium project, all of which are in Saskatchewan.Owne…
MOST ACTIVE ISSUES, Dec. 22-28
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Exploration down in ’98 but not out — Argentina, Newfoundland among hot spots for junior companies
Similar in mood to 1997, though comparatively free of scandal, 1998 will be remembered as the year exploration companies replaced promotional antics with survival tactics. But despite the bearish mark…