LME Warehouse Levels (August 30, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Aug.24/99 (change from Aug. 17 in brackets):MetalStocks (tonnes)Change…
1999
McWatters slashes costs at Quebec gold mines
McWatters Mining (MCW-T) has rebounded from a difficult first quarter and turned a small profit from its gold mines in Val d’Or, Que.During the 3-month period ended June 30, McWatters earned $863,511 …
Meetings (August 30, 1999)
Aug 30 Blake RiverAug 30 TetraAug 31 AegeanAug 31 Big BlackfootAug 31 GalleriaAug 31 Golden TempleAug 31 JNR Res.Aug 31 Pacific TopazAug 31 Royal RockSept 1 NavasotaSept 3 Line IslandSept 7 GossanSept…
Higher output propels Freeport
Higher production and sales resulted in a second-quarter profit for Freeport-McMoRan Copper & Gold (FCX-N).The company earned US$19 million (or 12 cents per share) during the 3-month period ended June…
Spot Prices (August 30, 1999)
Wednesday August 25, 1999Courtesy of ScotiabankPrecious MetalsPrice (US$/oz.)ChangeGold$253.20- $8.30…
LETTER TO THE EDITOR — Geostats provide one piece of estimation puzzle
This discussion is written as a continuation of the ongoing debate of resource estimation and, in particular, geostatistics.I take issue with the endless commentary, arguments and opinion about the va…
Gold Funds (August 30, 1999)
Gold Funds as of August 19, 1999BGRCentralNet Value$13.515.51Price$8.90$5…
Manhattan hits more sulphides
Manhattan Minerals (MAN-T) has released more encouraging drill results from the TG-3 copper-zinc-gold-silver target, part of its Tambo Grande project in northern Peru.The company is earning a 75% inte…
Corner Bay finds sweet spot
Infill drilling at the Alamo Dorado property in Sonora state, Mexico, is proving up what could become an open-pit, heap-leach silver mine.Corner Bay Minerals (BAY-T) collared nine reverse-circulation …
EDITORIAL — Last legal gasp — Coveting Hemlo
It has been said of Murray Pezim that he sometimes forgot who his real friends were, a failing not uncommon in people who need the stroking an entourage provides. But he always knew who his enemies we…
Index (August 30, 1999)
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Aber reports delay, higher mine costs
A final feasibility study indicates that the development of Canada’s second diamond mine will cost $405 million more than expected and require an additional year to complete.In anticipation of a decis…