Don Indio keeps Stratabound optimistic
Junior Stratabound Minerals (SB-A) has received heartening results from preliminary exploration at its Don Indio polymetallic property in Mexico’s Coahuila state.Don Indio is the smallest of three clo…
1999
Companies (March 22, 1999)
Aber ResourcesAlcan AluminumAnglo AmericanAnglogoldArgentina GoldBarrick GoldBattle Mountain GoldBillitonBroken Hill ProprietaryCambiorCancor MinesClaude ResourcesEuro-Nevada MiningFalconbridgeFarallo…
WESTERN MARKETS — Starcore, ProAm among most active on VSE
The Vancouver Stock Exchange composite index tacked on 3.41 points, or 0.8%, to close the week ended March 16 at 424.67. The mining index followed suit, adding 1.9 points, or 0.6%, to close at 313.85….
Facts ‘n’ Figures — Low stainless demand hits nickel
World consumption of nickel in 1998 is estimated to have fallen to 1 million tonnes from a total of 1.01 million tonnes in the previous year. The decline was the result of decreased demand in stainles…
PRODUCER & DEALER PRICES (March 22, 1999)
Antimony: Representative mid-market US$1,350 per tonne (Mar. 16/99).Bismuth: Representative mid-market US$3.25 per lb. (Mar. 16/99).Cadmium: Representative mid-market US$0.24 per lb. (Mar. 16/99).Chro…
GREATES VALUE TRADED, March 10-16
ExchgVal ($000s)HighLowCloseChangeBarrick GoldT55…
The Northern Miner — North American Mining Index (March 22, 1999)
88.80 (+0.08)(Sept. 30/98 = 100)…
Kennecott finds NWT pipe
Kennecott Canada Exploration has found a new kimberlite pipe on a block of ground contiguous with the southern boundary of the Ekati diamond mine in the Northwest Territories.The kimberlite, dubbed EG…
COMMENTARY — Costs to drop with gold price
The gold price will sink to US$285 per oz. by 2002, though cash costs for Western World producers are also expected to fall, according to a report released by AME Mineral Economics.A study of mine cas…
EXCHANGE RATES (March 22, 1999)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMar. 16Mar. 15Mar. 12Mar. 11Mar. 10…
GOLD FUNDS (March 22, 1999)
Gold Funds as of March 11, 1999BGRCentralNet Value$14.306.07Price$9.90$5.
Juina produces diamonds
Juina Mining (GEMM-O) has started producing alluvial diamonds at its namesake operation in southwestern Brazil, with buyers already lined up for initial shipments.The company holds mining rights to 2,…