Queenstake taps anonymous investor
Queenstake Resources (QRL-T) has concluded an agreement with an anonymous benefactor for a financing worth $1.2 million, which should help the Denver-based junior advance the Magistral gold project in…
Articles by Northern Miner Staff
Zambian waste turns Avmin into leader
Good things come to those who wait, but a little ingenuity goes a long way as well.Such is the philosophy adopted by Anglo Vaal Minerals (Avmin) at its Chambishi cobalt refinery, just a short drive fr…
Dia Met expands hunt
Since Monopros, the exploration arm of De Beers Consolidated Mines (DBRSY-Q), dropped most of its stake in the Victoria Island diamond play in Nunavut, Dia Met Minerals (DMM-T) has stepped in to pick …
Ontario Bill 86 creates geoscientists’ provisional council
The first provisional council has been appointed for the newly formed Association of Professional Geoscientists of Ontario.The Ontario legislature passed the Professional Geoscientists Act (Bill 86) i…
GREATEST VALUE TRADED, Sept. 20-26
ExchgVal($000s)HighLowCloseChangeAlcoa*N 767758 26.38 23.50 23.88 – 1.75…
Fuelcell technology cleaner
The Canadian mining industry recognizes that innovation is the best way to increase production and lower health and safety risks. Some of the ways to achieve a safe and productive work environment are…
Corner Bay updates Alamo Dorado resource
Consultants for junior explorer Corner Bay Minerals (BAY-T) have calculated a new resource for the Alamo Dorado silver project, in Sonora state, Mexico. The estimate shows a total resource, in all cat…
Yellow metal battered by British auction
The Sept. 13-19 report period saw another 25 tonnes of gold pour into the market from the Bank of England. The anticipated auction was oversubscribed by a rate of 2.6 times; however, this had little a…
Producers meet nickel’s high demand
The strong demand for nickel continues and Canada’s two producers, Inco and Falconbridge, are registering record levels of peacetime production.Production levels from Inco in the last half of 1950 sho…
Gold Funds (September 25, 2000)
Gold Funds as of September 14, 2000Dynamic MutualCentral FundNet Value$12.73$5.41Price…
CDNX posts modest gains
Canada’s junior exchange posted a modest gain as the technology and oil-and-gas sectors helped offset losses in mining. The Canadian Venture Exchange composite index tacked on 40.92 points, or 1.1%, t…
Exchange Rates (September 25, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 19Sept. 18Sep. 15Sept. 14Sep. 13…