Gold slips back to low US$280s
The downward trend in gold prices that began after the U.S. started bombing Afghanistan continued through the Oct. 10-16 report period, with the yellow metal falling US$4.85 to fix at US$281.65 per oz…
Articles by Northern Miner Staff
Northgate eyes expansion at Kemess North
Smithers, B.C. — After streamlining operations at Kemess South, 250 km north of here, Northgate Explorations (NGX-T) has turned its attention to expanding resources at the Kemess North project, 5.5 k…
Steel shipments continue fall
The U.S. shipped 68.1 million tonnes of steel during the first eight months of 2001, down 10% from the corresponding period in 2000, when 75.6 million tons were shipped.In August 2001, U.S. steel mill…
Masuparia cuts high grade at Greywacke
Vancouver — Junior Masuparia Gold (MPG-V) continues to intersect high-grade gold at its Greywacke project, 90 km northeast of La Ronge, Sask. The company is testing the continuity between gold interc…
Canadian Stock Exchange Indices (October 22, 2001)
DateOct. 16Oct. 15Oct. 12Oct. 11Oct. 10HighLowTSE 30070…
Aripuana stepout confirms sulphides
Drilling by Anglo American (AAUK-Q) on an electromagnetic (EM) anomaly at the Aripuana property in Brazil’s Mato Grosso state has confirmed massive sulphides 500 metres along strike from the previous …
PNWC buoyed by resource estimate at River Valley
Vancouver — Pacific North West Capital (PFN-T) is encouraged by an independent resource estimate for its River Valley platinum group metal property, near Sudbury, Ont.The combined in situ resource of…
Sultan tables bonanza gold grades
Vancouver — The eighth hole drilled by Sultan Minerals (SUL-V) at the Gold Mountain porphyry zone, part of the Kena property, near Nelson, B.C., has returned a 2-metre section running an impressive 1…
Producer and Dealer Prices (October 22, 2001)
Antimony: Mid-mkt US$1,400/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.75-9.00/lb.Copper: Comex Dec. US$0.644/lb.
Exchange Rates (October 22, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 16Oct. 15Oct. 12Oct. 11Oct. 10US$ in C$1.56191.55791.56…
Estimation Guidelines committee off and running
An Estimation Guidelines committee led by the Canadian Instiute of Mining, Metallurgy and Petroleum (CIM) and created as a result of recommendations of the Mining Standards Task Force is busy preparin…
NAME CHANGES (October 22, 2001)
Spokane Resources (SKN-V) has changed its name to SKN Resources (SRL-V) on a 1-new-for-10-old share basis.Lucero Resource (LCR-V) has changed its name to Squared Developments…