The Northern Miner — North American Mining Index (July 09, 2001)
68.39 (-2.38)(Sept. 30/98 = 100)…
Articles by Northern Miner Staff
Diavik team wins award
The federal team responsible for the overall review and water-licence process at the Diavik diamond mine, near Yellowkife, N.W.T., has been awarded for its efforts.The award, presented by the Treasury…
Barrick lets Diabillos expire
Vancouver — Still smarting from disappointing drill results at the Luicho gold property in Peru, Pacific Rim Mining (PFG-T) is about to lose its joint-venture partner on the Diabillos silver-gold pro…
Tiberon advances Nui Phao project
Vancouver — With a scoping study in hand, Tiberon Minerals (TBR-V) plans to conduct metallurgical tests on the Nui Phao polymetallic project in Vietnam.The bench-scale metallurgical study, slated to …
Sulphides found at Stares
Vancouver — After years of chasing the source of high-grade ploymetallic boulders, partners RJK Explorations (RJX.A-V) and Greater Lenora Resources (GEN-T) have uncovered a 10-metre-wide zone of sul…
Exchange Rates (July 09, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 3July 2June 29June 28June 27US$ in C$1.5124Holiday1.51771.52…
Study shows gold’s importance
Gold production is giving a major boost to the economic development of several Latin American countries, according to a report published by the World Gold Council.Latin American nations produced about…
Making money in commodities
We learn from the wire services that the Johns Manville Personal Injury Settlement Trust, a fund set up after the 1982 bankruptcy of that departed asbestos manufacturer, has abandoned a lawsuit agains…
X-Cal, Kinross extend deal Prairie Creek
A newly extended agreement with Kinross Gold (K-T) allows X-Cal Resources (XCL-T) to acquire 100% of the Sleeper gold project in Nevada.X-Cal will pay 500,000 shares to Kinross as consideration for th…
PEOPLE (July 09, 2001)
Boliden — Jan Johansson appointed president and CEO.Dia Met — Kowie Strauss appointed chairman; Graham Nicholis, appointed president, CEO and director; Chris Ryder appointed company secretary and CF…
Producer and Dealer Prices (July 09, 2001)
Antimony: Mid-mkt US$1,110/t.Bismuth: Mid-mkt US$3.75/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.40-11.50/lb.Copper: Comex Sept. US$0.714/lb.
GOLD FUNDS (July 09, 2001)
Gold Funds as of June 21, 2001Dundee Precious MetalsCentral FundNet Value$13.63$5.16Price$9.90$5.00…