The Silver slump
There has been much speculation as to why silver prices are touching 20-month lows. London-based Gold Fields Mineral Services (GFMS) has produced an interim review of the silver market, and its resear…
Articles by Northern Miner Staff
PEOPLE (November 20, 2000)
Birim Goldfields — Matthew Chinn appointed COO.Celtic Minerals — Barry Greene appointed vp exploration.Champion Bear — Anthony Pryslak appointed vp exploration.Corner Bay…
Gold Funds (November 20, 2000)
Gold Funds as of Nov. 9, 2000Dynamic MutualCentral FundNet Value$11.52$5.44Price$6.40$4.590…
Asarco prolongs mine life
Denver — At the Mission copper mine in southern Arizona, Asarco plans to reduce production and increase its stripping of waste material.Daily output is expected to fall 33% to 41,000 tonnes, while wa…
NMA names new leader
Denver — John (Jack) Gerard will replace Richard Lawson as president and chief executive officer of the Washington, D.C.-based National Mining Association.Gerard is chairman and CEO of the firm McClu…
LME Warehouse Levels (November 20, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 14/00 (change from Nov. 7 in brackets):MetalStock (tonnes)ChangeAluminium326075(…
Producer and Dealer Prices (November 20, 2000)
Antimony: Mid-mkt US$1,590/t.Bismuth: Mid-mkt US$3.70/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.25-16.50/lb.Copper: Comex Dec. US$0.8275/lb.Indium: I…
Liquidation increases
Metals prices showed signs of bottoming out early in the report period Nov. 6-10, but failure to break above key resistance levels brought more liquidation and short-selling on Nov. 9 and 10. Prices w…
Analysts take shine to diversified juniors
At an in-house conference for the retail side of Yorkton Securities, mining analysts Douglas Leishman and Art Ettlinger highlighted seven diversified junior exploration companies that they regard as r…
Carnival eyes Philippine property
Under an agreement that is still subject to a due diligence review, Carnival Resource (CNE-V) can acquire a private company that holds rights to a mineral property in the San Fabian area of the Philip…
REGULAR DEPARTMENTS (November 20, 2000)
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Navigator arranges financing
Junior Navigator Exploration (NVR-V) has arranged a brokered private placement in order to finance exploration of its diamond properties in Ontario and the Northwest Territories.The financing consists…