Canadian Stock Exchange Indices (February 05, 2001)
DateJan. 30Jan. 29Jan. 26Jan. 25Jan. 24HighLowTSE 300…
Articles by Northern Miner Staff
Darnley Bay gears up for major program
The coming year promises to be a busy one for Darnley Bay Resources (DBL-V) as it continues to search for deposits of copper, nickel, platinum group elements (PGE) and diamonds in the Inuvialuit settl…
Alcan earnings slide
With net income slipping 43% in the recent quarter, Alcan Aluminium (AL-T) is warning that a weaker economy may cut into aluminum demand.For the fourth quarter ended Dec. 31, 2000, the world’s second-…
Randgold pulls plug on mine
Denver — In response to low gold prices, Randgold Resources has suspended mining operations at the Syama gold mine in southern Mali. The company, a subsidiary of Randgold & Exploration Co. (RANGY-Q),…
PEOPLE (February 05, 2001)
Arena Gold — Carl Caumartin appointed VP.Fasken Martineau DuMoulin LLP — R. Stuart Angus joined the firm as a new partner.Island Mountain — Ellsworth Dickson appointed VP of corporate…
The Northern Miner — North American Mining Index (February 05, 2001)
69.70 (-4.05)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (February 05, 2001)
48.88 (-0.86)(Sept. 30/98 = 100)…
Gold Funds (February 05, 2001)
Gold Funds as of January 25, 2001Dundee Precious MetalsCentral FundNet Value$11.36$5.32Price$6.70$4.710…
US steel shipments down
A steady increase in steel imports reflects a dramatic decrease in steel shipments from U.S. steel mills in 2000, according to the Washington, D.C.-based American Iron and Steel Institute.In November …
McClean Lake wins environmental status
Cogema Resources’ 70%-owned McClean Lake mine in Saskatoon is the first uranium producer in Canada to receive environmental management certification.The operation achieved its new status by adhering t…
Reserve boost at McArthur River
Cameco (CCO-T) has blocked out additional reserves at its McArthur River uranium mine, 280 km north of La Ronge in northern Saskatchewan.The announcement follows the release of revised year-end tonnag…
Native teachers to attend BC workshop
The British Columbia Ministry of Energy and Mines will expend $60,000 in an effort to encourage teachers from aboriginal communities to attend a workshop about mining and minerals.Participants will at…