Producer and Dealer Prices (September 25, 2000)
Antimony: Mid-mkt US$1,825/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$14.60-16.20/lb.Copper: Comex Dec. US$0.9305/lb.Indium: I…
Articles by Northern Miner Staff
Metals markets show signs of nervousness
It is unlikely that these downward adjustments signal much more than consolidation in the current uptrend for prices. Technical indicators had suggested that almost all the major metals were heavily o…
TSE Shorts (September 25, 2000)
Short positions outstanding at September 15, 2000Larger individual positions include: Abitibi-Consolidated Inc. 1,215,986 down 398,854; Alcan Aluminium Ltd. 871,491 down 198,392; Anderson Expl. Ltd.
Exchange Rates (September 25, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 19Sept. 18Sep. 15Sept. 14Sep. 13…
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…
Gold Funds (September 25, 2000)
Gold Funds as of September 14, 2000Dynamic MutualCentral FundNet Value$12.73$5.41Price…
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…
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…
Prospector celebrates centennial
Former prospector Frank Hoey is literally 100 years young.At the one-century mark, Hoey still lives on his own, reads without glasses, owns a baseball cap with the words “Frank The Rock Hoey” printed …
Darryl Lake to address Toronto CIM meeting
If you think drilling core from a comet travelling in space sounds like science fiction, you’re probably not alone. But Darryl Lake, chief executive officer of the Northern Centre for Advanced Technol…
MAC plans to reduce emissions
The Mining Association of Canada (MAC) recently told federal, provincial and territorial mines ministers that it is stepping up efforts to improve energy efficiency and reduce greenhouse gas emissions…
Wolfden acquires High Lake deposit
A recent agreement with Aber Diamond (ABZ-T) allows Wolfden Resources (WOLF-C) to boost its stake in the High Lake base metal deposit, 45 km south of Coronation Gulf, Nunavut.Once this acquisition and…