Exall ends Stock contract
Junior Exall Resources (EXL-T) has cancelled its custom-milling contract with St Andrew Goldfields (SAS-T) in favour of the Macassa mill of Kinross Gold (K-T).Exall operates and owns a major…
Kinross Gold Corporation
Companies (September 20, 1999)
Apex Silver MinesAquest MineralsAsarcoBarrick GoldBolivar GoldfieldsCambiorCamnor ResourcesCathedral GoldCoeur d’Alene MinesComincoConsolidated Puma MineralsCyprus Amax MineralsDiadem Reso…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — TSE rises as gold producers suffer second auction
The Toronto Stock Exchange 300 index rose 79.59 points during the report period Sept. 8-14, ending at 7,138.09.Resource stocks were mixed, with base metal miners gaining ground and gold producers losi…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — TSE makes gains as royalty sisters prepare to merge
Regaining half of what it lost in the previous period, the Toronto Stock Exchange 300 index rose 87.69 points during the holiday-shortened period Sept. 1-7 to end at 7,058.50.Gold continued an upward …
Companies (September 06, 1999)
Acadia Uranium MinesAgnico-Eagle MinesAmbrex MiningAnglo AmericanArabian Shield DevelopmentAsarcoAshanti GoldfieldsAtacama MineralsAurado ExplorationAurizon MinesAvalon VenturesBear Explora…
Pamour gold mine to remain open – for now
The union at the Ontario division of insolvent Royal Oak Mines has staved off a move by the company’s receiver to close the Pamour and Nighthawk operations, near Timmins, Ont.Receiver Price Waterhouse…
MINING MARKET & INVESTMENT NEWS — EASTERN MARKETS — Broad market takes hit as metal prices improve
Growing concern of another interest rate hike south of the border crossed over to the Toronto Stock Exchange, causing the TSE’s 300 index to plunge 198.99 points during the report period Aug. 25-31. T…
Companies (August 30, 1999)
Aber ResourcesAlta GoldAsarcoAthlone MineralsAthlone ResourcesBarrick GoldBroken Hill ProprietaryCambiorChesbar ResourcesCoeur d’Alene MinesCorner Bay MineralsCyprus Amax MineralsDia Met MineralsEldor…
Phelps muscles in on Asarco, Cyprus
At a time when Asarco (AR-N) and Cyprus Amax Minerals (CYM-N) are completing a merger to create the world’s largest publicly traded copper company, their rival, Phelps Dodge (PD-N), has stepped…
MINING MARKETS & INVESTMENT NEWS — Eastern Markets — Golds weaken, base metals regain some strength
The Toronto Stock Exchange made solid gains during the trading period Aug.18-24, with the TSE 300 composite index up 116.79 points to close at 7,169.80 — a gain of 1.7% over the five trading days.The…
MINING MARKETS & INVESTMENT NEWS — Eastern Marktes — Miners relieved as gold breaks US$260 barrier
The Aug. 11-17 report period saw continuing strength from gold, with spot prices shooting up US$4.60 to US$261.50 per oz. on the London morning fix of Aug. 18.Over the week, the World Gold Council ann…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Rising prices keep nickel miners buoyant
Nickel continued to lead the revived base metal market during the Aug. 4-10 report period, with prices climbing 12 cents to US$2.91 per lb. thanks to a combination of growing demand, shrinking stocks …