Northern Miner Indices (November 20, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6ComincoCLT-T4.0FalconbridgeFL-T6.9Franco-Nevada MiningFN-T5.3Freeport McMoRan Cop’r BFCX-N4.6Homestake MiningHM-N4….
Articles by Northern Miner Staff
Pioneer busy at Riou Lake
Exploration work at the Riou Lake uranium project, operated by Pioneer Metals (PSM-T), has uncovered little mineralization. However, the company remains optimistic that its technical successes are nar…
Metal Prices (November 20, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 14Nov. 13Nov. 10Nov. 9Nov. 8Aluminium1469/1487…
Quaterra stakes ground
A program being planned by Quaterra Resources (QTA-V) will test newly staked ground covering the Big Bar volcanogenic massive sulphide prospect, 110 miles northeast of Nome, on Alaska’s Seward Peninsu…
Marsfontein still producing
The Land Claims Court of South Africa has dimissed an application to halt activities at the Marsfontein diamond mine, reports SouthernEra Resources (SUF-T).The Ga-Magashula Community Trust had filed f…
Namibian slips into the red
Exceptional costs and fewer sales translated into a small quarterly loss for marine diamond miner Namibian Minerals (NMR-T).Losses in the three months ended Sept. 30 totalled US$665,000 (or 1 per sha…
HudBay explores BC find
Junior Eureka Resources (EUK-V) is awaiting the results of drilling carried out by Anglo American (AAUK-Q) affiliate Hudson Bay Exploration & Development on the Lottie Lake prospect in central British…
Fortune advances Mazenod Lake property
The summer drill program at the Mazenod Lake property of Fortune Minerals (FT-T), about 170 km northwest of Yellowknife, N.W.T., has confirmed earlier grade estimates and indicated some extensions to …
Titanium-sand beds extended
NAR Resources (NRL-M) has found an additional zone of titanium mineralization at the Truro heavy-mineral sands project in Nova Scotia.Known as the Southern Extension, the zone is a 2-km-long sand bar …
NRC and CAMESE publish report on suppliers
Natural Resources Canada (NRC) and the Canadian Association of Mining Equipment and Services for Export (CAMESE) have collaborated to publish an 84-page report on how mining suppliers contribute to th…
De Beers withdraws from bid
De Beers Consolidated Mines (DBRSY-Q) is withdrawing its takeover bid for Australia’s Ashton Mining now that rival Rio Tinto (RTP-N) has received acceptances for 51.89% of Ashton’s shares.De…
Ross Toms
Ross Toms, a prospector who discovered several major iron ore deposits in the Ungava district of northern Quebec, has died. He was 91.Toms was born in La Scie, Nfld., in 1910, and at the age 16, left …