Articles by Northern Miner Staff
Gold industry needs to develop markets
For four weeks now, we have been seeing the Friday Effect: the gold price goes up in anticipation of military action on the weekend, and gold shares rise along with it. The old “safe haven” theory app…
Antamina producing ahead of schedule
With base metal prices at multi-year lows, this is not a good time to be coming to market with new production. Nonetheless, the huge Antamina copper-zinc project in Peru achieved commercial production…
Northern Miner Indices (October 22, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Gold Funds (October 22, 2001)
Gold Funds as of October 1, 2001Dundee Precious MetalsCentral FundNet Value$13.16$5.49Price$9.20$5.28…
Spot Prices Wed. October 17, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$281.65-$4.85Silver$ 4.38-$0.11Platinum$442.00+$…
Metal Prices (October 22, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 16Oct. 15Oct. 12Oct. 11Oct. 10Aluminium1282/13…
Oliver makes move
Vancouver — Sitting on over $5 million in cash since the sale of its Segala property in early 2000, Oliver Gold (O…
Geomaque ups Marathon estimate
Drilling and core sampling by junior gold producer Geomaque Explorations (GEO-T) has upped the resources estimate a…
Crown gets breathing room (October 19, 2001)
Vancouver — Junior Solitario Resources (SLT-T) is attempting to throw a lifeline to its major shareholder, financi…
Agnico-Eagle amalgamates with Mentor
Agnico-Eagle Mines (AGE-T) has completed an amalgamation with Toronto-based Mentor Exploration and Development (MV…
Tenke raises $1 million
Junior Tenke Mining (TNK-T) has wrapped up a private placement of 2 million units at 50 apiece for proceeds of $1…