Boliden shuns Bayas deal, will restructure
A restructuring deal that would see Boliden (BOL-T) retire a large part of its corporate debt has hindered the company’s plan to sell its Lomas Bayas copper project in northern Chile.The restructuring…
Articles by Northern Miner Staff
Pan American Silver aims to double production
Vancouver-based Pan American Silver (PAA-T), as its name suggests, was founded in order to give investors exposure to silver, so it is no surprise that the company’s bottom line suffered when the pric…
LME Warehouse Levels (May 28, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, May 22/01 (change from May 15 in brackets):MetalStock (tonnes)ChangeAluminium558300(+…
Metal Prices (May 28, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 22May 21May 18May 17May 16Aluminium1538/1549…
Are speculators turning positive?
Base metals prices ended the report period May 14-18 strongly, with aluminum, copper and lead prices all achieving their best closes for the past few weeks and nickel sustaining big gains achieved in …
Spot Prices Wed. May 23, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$283.85+$14.75Silver$ 4.52+$0.08Platinum$612.00+…
Northern Miner Indices (May 28, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.3ComincoCLT-T5.1FalconbridgeFL-T6.7Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N6.7Homestake MiningHM-N4….
Politics of self-destruction BC’s day of retribution
It was over before it began, as one former cabinet minister learned when he went door-knocking on behalf of the New Democratic Party (NDP) during the recent election campaign in British Columbia. “Peo…
News – 28-MAY-01
Luhala reveals more gold
Drilling by Tan Range Exploration (TNX-V) has led to the discovery of more gold mineralization at the Luhala property in Tanzania’s Lake Victoria Goldfields district.The prospect, called Shilalo South…
Drilling planned for Knife
A planned 5-hole drilling campaign on the newly discovered Knife kimberlite pipe, 80 km south of Coronation Bay in Nunavut, is aimed at delineating the size and internal structure of the body, while p…
Namco inks Leviev deal
With shareholder and regulator approvals, Namibian Minerals (NMR-T) has issued 37.7 million treasury shares to the Leviev Group of Israel to net US$15 million in proceeds.The deal brings to US$27 mill…