Wanted: tax reform
Mining in Canada has undergone a profound change and is now one of the world’s most dynamic and technologically advanced industrial sectors. With its strong links to other high-tech industries, both a…
Articles by Northern Miner Staff
Wayside arranges payment for Wells area claims
Vancouver — International Wayside Gold Mines (IWA-V) missed an option payment to Mosquito Consolidated Gold Mines (MSQ-V) in December 2001, owing to a lien filed by the British Columbia Ministry of R…
Amplats sets River Valley budget
Satisfied with its partner’s progress, Anglo American Platinum of South Africa has provided Pacific North West Capital (PFN-T) with another $2.3 million to advance the River Valley platinum-palladium …
GREATEST VALUE TRADED, JANUARY 9-15
ExchgVal($000s)HighLowCloseChangeFranco-NevT71404125.9522.8125.85+2.95…
Oversubscribed UK auction revitalizes gold miners
Despite pre-auction jitters, gold soared $8.60 over the Jan. 9-15 report period to land at a London morning fix of US$287.95 per oz. on Jan. 16.On that day, the Bank of England sold another 20 tonnes …
Daily Metal Prices (January 21, 2002)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 15Jan. 14Jan. 11Jan. 10Jan. 9Aluminium1379/139…
Exchange Rates (January 21, 2002)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 15Jan. 14Jan. 11Jan. 10Jan. 9US$ in C$1.58971.59711.59721.60…
Producer and Dealer Prices (January 21, 2002)
Antimony: Mid-mkt US$1,080/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$6.79-8.50/lb.Copper: Comex Mar. US$0.—-/lb.Indium: Ind…
Ford takes writedown on PGM stockpile
Ford, the world’s second-largest automaker, has taken a US$1-billion writedown on its inventory of platinum group metals used in catalytic converters. The measure is part of an overall US$5.7-billion …
Correction (January 21, 2002)
In our Jan. 14-20 issue, we reported Valerie Gold had bought 5.3 million shares of Sultan Minerals, 5.1 million shares of Emgold Mining and 3.2 million shares of Cream Minerals. These are actually the…
Gold Funds (January 21, 2002)
Gold Funds as of January 10, 2002Dundee Precious MetalsCentral FundNet Value$15.00$5.86Price$10.05$5.73…
Spot Prices Wed. January 16, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$287.95+$8.60Silver$ 4.67-$0.08Platinum$476.00+$…