GOLD FUNDS (June 25, 2001)
Gold Funds as of June 14, 2001Dundee Precious MetalsCentral FundNet Value$14.11$5.23Price$10.30$4.96…
Articles by Northern Miner Staff
Fire assaying taught in Montana
A short course in fire assaying will be held at Montana Tech, part of the University of Montana, from Aug. 19 to 24.The event, titled “Fundamentals and Applications of Fire Assay,” is being organized …
Market weakens entering summer
Denver — The Dow Jones industrial average slumped 351.71 points, or 3.2%, to 10,596.67 for the report period ended June 19, as the market slipped into the summer doldrums. The Nasdaq dipped below 2,0…
GREATEST VALUE TRADED, JUNE 13-19
ExchgVal($000s)HighLowCloseChangeAlcoa*N 686587 41.38 37.20 37.60 – 2.90…
Exchange Rates (June 25, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJune 19June 18June 15June 14June 13US$ in C$1.53291.53351.52191.5…
LME Warehouse Levels (June 25, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 19/01 (change from June 12 in brackets):MetalStock (tonnes)ChangeAluminium615725…
Another bummer for nickel, copper
Base metals suffered their third consecutive week of across-the-board declines during the report period June 11-15 as recent price support came under renewed attack. Nickel and copper were the hardest…
Crew aids Asia Pacific
Potash explorer Asia Pacific Resources (APQ-T) has raised $3.1 million by privately placing 5.6 million units. Crew Development (CRU-T) subscribed to 4 million of the units to increase its interest in…
Summertime, and the gold bugs are biting
The onset of summer and the recent spike in gold prices are making some brokerage firms more optimistic that a U.S.-led economic recovery could lead to improved demand fundamentals for jewelry and, co…
Tri Origin explores Kazan
Junior Tri Origin (TOE-V) has completed a private placement with Britain’s Billiton.The major bought 800,000 units at 25 apiece and exercised 274,511 Series G warrants it acquired through its takeove…
Agnico-Eagle raises LaRonde funds
Toronto-based Agnico-Eagle Mines (AGE-T) has completed a $108-million equity financing.Proceeds are primarily earmarked for the LaRonde gold-copper mine, near Val d’Or, Que., where daily production is…
Drilling sizes up Knife
Drilling has cut wide zones of kimberlite at the newly discovered Knife pipe, 80 km south of Coronation Bay in Nunavut.De Beers Canada Exploration, which can earn a 70% interest in the project from Rh…