Cambior back in black
Despite a US$5.4-million, fourth-quarter writedown related to its Omai gold mine in Guyana, Montreal-based Cambior…
Articles by Northern Miner Staff
Daily Metal Prices (February 25, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 19Feb. 18Feb. 15Feb. 14Feb. 13Aluminium1360.50…
TSE Short Positions (February 25, 2002)
Short positions outstanding at February 15, 2002Agnico-Eagle. 3,511,200 up 1,144,049; Alcan Inc. 1,284,078 down 127,696; Appalaches 140,456 up 140,456; Ashton 328,350 up 6…
Corner bay tops up till
Junior Corner Bay Silver (BAY-T) has raised $4.5 million in several private placements comprising 1.8 million shares in all. Proceeds are earmarked for the advanced Alamo Dorado silver-gold project in…
LME Warehouse Levels (February 25, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 19 (change from Feb. 12 in brackets):MetalStock (tonnes)ChangeAluminium898025(+2…
Gold Funds (February 25, 2002)
Gold Funds as of February 14 2002Dundee Precious MetalsCentral FundNet Value$18.26$5.76Price$13.90$5.87…
The Northern Miner — North American Mining Index (February 25, 2002)
77.01 (-1.19)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (February 25, 2002)
66.42 (-0.17)(Sept. 30/98 = 100)…
Getchell mine pushes Placer into red
Vancouver — Placer Dome (PDG-T) posted a US$29-million profit during the fourth quarter of 2001, but US$301 million in writedowns pushed the company US$133 million into the red for the year.Quarterly…
Faro agreement nixed
The federal Department of Indian and Northern Affairs, the Yukon government and Teck Cominco have terminated their memorandum of understanding (MOU) on the management of assets at the defunct Faro bas…
Producer and Dealer Prices (February 25, 2002)
Antimony: Mid-mkt US$1,125/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.60-7.20/lb.Copper: Comex Mar. US$0.7075/lb.Indium: Ind…
Canadian Stock Exchange Indices (February 25, 2002)
DateFeb. 19Feb. 18Feb. 15Feb. 14Feb. 13HighLowTSE 3007470.987558.637515.307526.397561.38…