Kvaerner reps named to Russian academy
Two employees of the Canadian branch of British-based engineering firm Kvaerner have been named to the Russian Academy of Mining Sciences for their contributions to that country’s mining industry.Vice…
1999
CLARIFICATION
A report in our Oct. 28 issue states that St Andrew Goldfields (SAS-T) intends to earn a majority interest in the Timmins gold project of Holmer Gold (HGM-T). In fact, the agreement only covers the pr…
MOST ACTIVE ISSUES, OCTOBER 20-26
ExchgVol(000s)HighLowCloseChangePlacer DomeT15427…
GOLD FUNDS (November 01, 1999)
Gold Funds as of October 21, 1999BGRCentralNet Value$14.355.92Price$9.55$…
LME WHSE LEVELS (November 01, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 26/99 (change from Oct. 19 in brackets):MetalStock(tonnes)Change…
Greatest Value Traded, OCTOBER 20-26
ExchgVal($000s)HighLowCloseChangeBarrick GoldT285…
U.S. copper demand on the rise
Copper consumption in the U.S. was 2.6% higher in the first seven months of 1999, compared with the corresponding period last year.The U.S., the world’s chief consumer of copper, is expected to use 8….
China restructures mining laws for Western players — ‘Friendly’ revisions fail to address concerns over preset gold prices
The Chinese government has upgraded its Mining Code in an attempt to lure more foreign investors, but mining firms remain critical of a component that prohibits gold hedging.The changes allow foreign …
ALASKA & THE YUKON — Companies still high on Alaskan base metals
While most coveted gold, a handful of the companies that scoured Alaska’s countryside this past season were focused on base metals. Topping the list was Cominco (CLT-V), owner and operator of the Red …
Asarco joins Grupo Mexico
Asarco (AR-N) has terminated its merger agreement with Phelps Dodge (PD-N) and paid the required US$30-million breakup fee. The New York, N.Y.-based copper producer has instead accepted a cash proposa…
ALASKA & THE YUKON — Pogo area gold play mixed bag for juniors
With this year’s field season drawing to a close, the area play around the 5.2-million-oz. Pogo gold project in Alaska failed to generate much speculative interest or excitement for the dozen or so co…
Index (November 01, 1999)
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