Metal Prices (January 22, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 16Jan. 15Jan. 12Jan. 11Jan. 10Aluminium1597/15…
Articles by Northern Miner Staff
Scoping study for Penasquito
Vancouver — Assay results from a 4,600-metre drill program over the Penasquito base metal property in Mexico have prompted Western Copper Holdings (WTC-T) and its Lima-based partner, Mauricio Hochsch…
U of T short course set
The ever-active student chapter of the Society of Economic Geologists at the University of Toronto has arranged a short course on exploration for volcanogenic masive sulphide deposits for March 9.Enti…
Canadian Venture Exchange breaks 3000
Vancouver — Canada’s junior exchange broke through the 3000 mark during the report period ended Jan. 16, riding on the back of resource-related issues. The Canadian Venture Exchange composite index t…
GREATEST VALUE TRADED, JAN. 10-16
ExchgVal($000s)HighLowCloseChangeAlcoa*N 407167 33.56 30.62 33.56 +1.18…
Dow moves up slowly
Denver — The Dow Jones industrial average edged up 80.11 points, or 0.8%, to finish the Jan. 10-16 report period at 10,652.66, as the market entered what could turn out to be a rocky season for earni…
Producer and Dealer Prices (January 22, 2001)
Antimony: Mid-mkt US$1,300/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.50-14.00/lb.Copper: Comex March US$0.823/lb.
Mining companies unshaken by Salvadoran earthquake
Denver — The 7.6-magnitude earthquake that rocked El Salvador in mid-January caused little to no damage to mining operations in the region.Dayton Mining (DAY-T) President William Myckatyn tells The N…
Trivalence continues streak
Contributions from the recently opened Palmietgat mine in South Africa have enabled Trivalence Mining (TMI-V) to chalk up its sixth straight increase in quarterly diamond production.Trivalence owns a …
Strongbow cuts massive sulphides at Avoca project
Vancouver — Initial results from a 7-hole drill program targeting the Carbonate zone at the Avoca massive-sulphide project in Ireland has returned encouraging values for operator Strongbow Resources …
Partners find zinc at Bambas in Peru
Vancouver — Mapping and sampling by equal partners Southwestern Gold (SWG-T) and Inco (N-T) have uncovered significant zinc mineralization at the Lince property in southern Peru. The property is part…
Wawa area yields more diamonds
Activity at two separate projects continue to demonstrate the diamond potential of the Wawa area of northern Ontario.At the GQ property, Band-Ore Resources (BAN-T) has picked another 279 diamonds from…