Inmet unloads Abitibi property
Montreal-based Explorations Minieres du Nord (MDN-M) has struck a deal with Inmet Mining (IMN-T) to acquire that company’s interest in a gold property in the Abitibi region of Quebec.Work at the Lake …
Inmet Mining Corporation
GREATES VALUE TRADED, May 27-June 2
ExchgVal($000s)HighLowCloseChangeBarrick GoldT167…
Companies (May 25, 1998)
Agnico-Eagle MinesAltius MineralsAmax GoldAnglo AmericanAnglogoldAnzex ResourcesApex SilverArian ResourcesAur ResourcesB.Y.G. Natural ResourcesBand-Ore ResourcesBanro ResourceBarrick GoldBattle Mounta…
Zemex takes run at Inmet Mining — Takeover offer of $5 a share “chintzy” says James
Fresh from the successful conclusion of negotiations to sell its interest in the Antamina copper project in Peru, Inmet Mining (IMN-T) now finds itself the quarry in a takeover bid.The offer comes fro…
Inmet sells Antamina stake to Noranda, Teck in $70m deal
Majors Rio Algom (ROM-T), Noranda (NOR-T) and Teck (TEK-T) are teaming up to develop the Antamina copper-zinc project in Peru.Noranda and Teck have each agreed to buy half of Inmet Mining’s (IMN-T) 50…
MINING MARKETS AND INVESTMENT NEWS — EASTERN MARKETS — Producers suffer falling metal prices, but TSE manages to hang on
The Toronto Stock Exchange 300 index sustained a minor loss during the report period May 6-12, dropping just 2.42 points to end at 7,717.70. The index, however, fared better than the gold and precious…
Companies (May 18, 1998)
Abacus MineralsAber ResourcesAdrian ResourcesAlberta EnergyAnglo AmericanAnglogoldAshanti GoldfieldsAshton Mining of CanadaAur ResourcesAurado ExplorationAurizon MinesBarrick GoldBattle Mountain Canad…
Oil woes cut into Denison profit — Construction decision imminent for McClean Lake plant
Denison Mines (DEN-T) attributes a drop in first-quarter revenue to a 33% reduction in the price of crude oil produced at the company’s Prinos offshore oil fields in Greece.Compounding the price drop …
Companies (May 11, 1998)
Abacus MineralsAfrican Selection MiningArchangel DiamondAur ResourcesBarrick GoldBolidenBreakwater ResourcesBre-X MineralsCaledonia MiningCambiorCimarron MineralsCondor Int’l ResourcesDia Met Minerals…
Inmet looking for buyer for Antamina — Expansion planned for Troilus; Teck shares on block
Pressured by a September deadline to commit to the huge Antamina copper project in Chile, Inmet Mining (IMN-T) recently began talks with ten large base metal producers regarding a possible sale of its…
Eskay gold-silver grades keep Prime in the money
British Columbia gold producer Prime Resources Group (PRU-T) has bucked the industry trend and posted a profit for the first quarter.With record production of 164,860 oz. gold-equivalent, Prime earned…
Partners strike gold in Greece
A group headed by Australia’s Normandy Mining (NDY-T) has made a promising gold discovery at Perama Hill, 15 km northwest of Alexandroupolis in northeastern Greece.The discovery was made by Thracean G…