News

Index (November 09, 1998)

Book ReviewCareersClassifiedDrillersEditorialGeology 101Insider TradingLetters to the EditorMetal PricesMining Markets and Investment NewsNews RoundupOdds’n’SodsProfessional DirectoryQueryStock Market…



LME WHSE LEVELS (November 09, 1998)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov. 3/98 (change from Oct. 27 in brackets):MetalStocks (tonnes)Change…


Cyprus gains Indonesian asset

The coal division of Cyprus Amax Minerals (CYM-N) will acquire a controlling interest in the Mecfa property in East Kalimantan, Indonesia, from Nevada Manhattan Mining (NVMH-O).To earn an 85% interest…



Eldorado cuts costs at Sao Bento mine

Modifications to the Sao Bento mine in eastern Brazil have enabled Eldorado Gold (ELD-V) to reduced overall cash operating costs in the third quarter.The company’s cash costs were slashed by 18%, to U…


OBITUARY — Robert Smith

Robert M. Smith, a mining engineer who was often described as “the soul” of Barrick Gold, died Oct. 27 in a Toronto hospital from complications resulting from surgery. He was 66.While Chairman Peter M…



Choiceland property dispute sparks charges of leaks

The claim dispute between Saskatchewan steel producer Ipsco (IPS-T) and junior explorer Copperquest (COPQ-C) continues, with accusations that Ipsco was provided advance information that the disputed a…




CORRECTION (November 02, 1998)

Our Insider Trading report of Sept. 28 reported that Comaplex Minerals (CMF-T) had bought 10,000 shares in Cumberland Resources (CBD-T) at $1.50 to hold 1,616,400 shares.The transaction did take place…


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