Etruscan, Mountain Lake end talks
Etruscan Resources (EET-T) and Mountain Lake Resources (MOA-V) have called off talks regarding a proposed merger and, instead, inked an agreement to develop Mountain Lake’s South African diamond asset…
Articles by Northern Miner Staff
SW Gold, Cons Jaba look to Argentina
Junior Consolidated Jaba (JBA-V) has acquired the mineral exploration rights to explore for platinum group metals (PGMs) on 1,918 sq. km in the Argentine province of Chubut.Southwestern Gold (SWG-T) i…
Global pulls stones from Grasdrif alluvial mine
Denver — Global Diamond Resources (GDRS-Q) has recovered three large gem stones at the Grasdrif alluvial diamond mine in South Africa.The largest of the stones measures 54 carats, while the smaller t…
Rockwell Ventures likens Brazilian PGE deposit to Bushveld
Vancouver — Rockwell Ventures (RCW-V) continues to uncover new platinum group metal exposures at its Pedra Branca project, near Fortaleza in northeastern Brazil.The 998-sq.-km project is underlain by…
De Beers deal ‘good news’ for Anglo American: analyst
The much-publicized takeover offer for De Beers Consolidated Mines (DBRSY-Q) has prompted mining analyst Roger Chaplin of Canaccord Capital to take a hard look at what the deal would mean for the comp…
All eyes on nickel
Broadly speaking, metals markets slipped during the Feb. 19-23 report period as market-watchers saw an end to the quiet, range-bound trading that prevailed during the previous two weeks.The cause of t…
Canadian Stock Exchange Indices (March 05, 2001)
Date Feb. 27 Feb. 26 Feb. 23 Feb. 22 Feb. 21HighLowTSE 300…
Producer and Dealer Prices (March 05, 2001)
Antimony: Mid-mkt US$1,310/t.Bismuth: Mid-mkt US$3.95/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.25-14.50/lb.Copper: Comex March US$0.801/lb.Indium: I…
Gold Funds (March 05, 2001)
Gold Funds as of February 22, 2001Dundee Precious MetalsCentral FundNet Value$12.13$5.18Price$6.53$4.610…
Exchange Rates (March 05, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 27 Feb. 26 Feb. 23 Feb. 22Feb. 21US$ in C$1.52591.53131.5374…
WGC upgrades marketing budget
The World Gold Council (WGC) has raised its promotional budget to more than US$50 million and appointed London-based Bartle Bogle Hegarty (BBH) to handle advertising and marketing.”We are confident th…
Gold still a storehouse of value
That was a great editorial about gold (T.N.M., Feb.19-25/01). Not quite enough about its potential as a store of value, however — a role gold has filled for hundreds of centuries.The other day when t…