De Beers committed to Kennady Lake
In an attempt to enhance the economics of the Kennady Lake project in the Northwest Territories, De Beers Consolidated Mines (DBRSY-Q) will carry out additional bulk sampling of the two highest-value …
Articles by Northern Miner Staff
EVENTS (December 25, 2000)
Jan. 1-31, 2001 33rd Annual Canadian Mineral Processors Conference — Ottawa. Contact R.J. MacDonald. Tel: (613) 996-2283. Fax: (613) 996-9041.Jan. 11-13 Western Inter-University Geological Conference…
Tulawaka yields more gold
Drilling on the Tulawaka gold property in northern Tanzania has revealed more high-grade results for partners Barrick Gold (ABX-T) and Minires du Nord (MDN-T).Recent results include 134.7 grams per t…
The Northern Miner — North American Mining Index (December 25, 2000)
77.11 (+1.77)(Sept. 30/98 = 100)…
LME WHSE LEVELS (December 25, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 19/00 (change from Dec. 12 in brackets):MetalStock(tonnes)ChangeAluminium298925(…
Hecla sells non-core assets
Denver — Hecla Mining (HL-N) has agreed to sell its ball clay and kaolin division to Toronto’s Zemex (ZMX-T) for US$68 million.The Coeur d’Alene, Idaho-based miner will use the proceeds to pay down b…
Placer explores Madsen
Placer Dome (PDG-T) is gearing up to explore the 40-sq.-km Madsen gold project in Red Lake, Ont.The major, which operates the nearby Campbell gold mine, can earn a 55% interest from Claude Resources (…
Golds shine amid market downturn
It has been a while, but gold lived up to its reputation as a safe haven during the Dec. 13-19 report period, as a weakening U.S. dollar prompted gold-buying overseas.The buying came amid the U.S. Fed…
Canadian Stock Exchange Indices (December 25, 2000)
DateDec. 19Dec. 18Dec. 15Dec. 14Dec. 13HighLowTSE 3008886.179008.639020.049069.389098.12…
Producer and Dealer Prices (December 25, 2000)
Antimony: Mid-mkt US$1,350/t.Bismuth: Mid-mkt US$4.00/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.70-15.50/lb.Copper: Comex March US$0.8695/lb.Indium: …
Spot Prices Wed. December 20, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$270.20+$0.25Silver$ 4.61-$0.04Platinum$603.00-$1…
Metal Prices (December 25, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateDec. 19Dec. 18Dec. 15Dec. 14Dec. 13Aluminium1602.50…