St Andrew Goldfields cleans house
Toronto-based St Andrew Goldfields (SAS-T) has raised $6 million and eliminated $2.7 million of debt.The company recently issued $4 million worth of secured debentures and $2 million worth of shares a…
Articles by Northern Miner Staff
PEOPLE (April 09, 2001)
Asia Pacific — Robert Connochie appointed chairman and CEO.Boliden — Anders Haker appointed CFO.Manson Creek — Shane Ebert appointed director.Maya Gold — Glenn D…
Correction (April 09, 2001)
Kenneth Kutz, author of Gold Fever and Untold Wealth: Canada’s Mineral Heritage, is alive and residing in Connecticut. Incorrect information appeared in our issue of March 19-25.
Project explores new gold uses
Mintek, a Johannesburg-based mining technology developer, and Gold Fields are throwing their weight behind Project AuTEK, which is aimed at developing industrial uses for gold.In the past, gold produc…
Perth hosts platinum conference
Exploration will be stressed at the first Australian Platinum Conference, slated for May 30-June 1 in Perth.South Africa, Scandinavia, Canada and Australia are among the countries where the search for…
The Northern Miner — North American Mining Index (April 09, 2001)
66.50 (-1.56)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (April 09, 2001)
47.92 (+2.12)(Sept. 30/98 = 100)…
Copper, zinc demand rose in ’99
Demand for base metals increased in 1999, according to World Mineral Statistics 1995-1999, a compilation of mineral and metals data published by the British Geological Survey (BGS).Copper and zinc far…
Nasdaq takes yet another tumble
Denver — After a brief respite, the Dow Jones industrial average continued its downward spiral during the report period ended April 3, tumbling 461.83 points, or 4.6%, to 9485.71. Meanwhile, the Nasd…
Spot Prices Wed. April 4, 2001Courtesy of Scotiabank
Precious MetalsPrice (US$/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…