Nasdaq takes yet another tumble
Denver — After a brief respite, the Dow Jones industrial average continued its downward spiral during the report period ended April 3, tumbling 461.83 points, or 4.6%, to 9485.71. Meanwhile, the Nasd…
Articles by Northern Miner Staff
Spot Prices Wed. April 4, 2001Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$259.20-$2.00Silver$ 4.33-$0.10Platinum$582.00+$…
LME Warehouse Levels (April 09, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 3/01 (change from March 27 in brackets):MetalStock (tonnes)ChangeAluminium467225…
Gold Funds (April 09, 2001)
Gold Funds as of March 29, 2001Dundee Precious MetalsCentral FundNet Value$11.64$5.27Price$6.90$4.71…
Exchange Rates (April 09, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 3April 2March 30March 29March 28US$ in C$1.57891.57491.5774…
Producer and Dealer Prices (April 09, 2001)
Antimony: Mid-mkt US$1,320/t.Bismuth: Mid-mkt US$4.05/lb.Cadmium: Mid-mkt US$0.22/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.90-14.00/lb.Copper: Comex May US$0.766/lb.Indium: Ind…
Staff Investment Policy (April 09, 2001)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
Turning point may be in sight
The report period March 26-30 saw metal prices decline further. The copper market registered its disappointment at the scale of Phelps Dodge’s long-awaited production cuts by sending the London Metal …
Herald Res. drills Indonesian property
Australian-listed Herald Resources is resuming drilling at the Dairi zinc-lead project in North Sumatra, Indonesia.The program will be attempt to expand the Anjing Hitam zone, which hosts an independe…
Sudbury Contact options Moosehead
A recent agreement with Altius Minerals (ALS-V) sets the stage for Sudbury Contact Mines (SUD-T) to earn up to a 60% interest in the Moosehead gold property in central Newfoundland.Sudbury Contact can…
Atna targets polymetallic mine in Arizona
A 4-hole, 2,000-ft. program of diamond drilling will test the downdip extension of the underground Lone Pine mine, a past producer south of Prescott, Ariz.Atna Resources (ATN-T) says there is no recor…
‘Quebec Inc.’ backs Niobec purchase
A inflow of cash from Quebec’s biggest institutions has allowed Quebec City-based Mazarin (MAZ-T) to close the $48-million acquisition of Teck’s (TEK-T) half-interest in the Niobec niobium mine in the…