Volcanic island under study
Geologists have known about the relationship between volcanic action and precious metals deposits for a long time. Now, for the first time, a team of scientists is watching the formation of a volcanic…
Articles by Northern Miner Staff
The Northern Miner — Small Producers Index (September 04, 2000)
52.50 (+3.29)(Sept. 30/98 = 100)…
Spot Prices Wed. August 30, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$272.60+$0.15Silver$ 4.89+$0.08…
Gold Funds (September 04, 2000)
Gold Funds as of August 24, 2000Dynamic MutualCentral FundNet Value$12.69$5.35Price$7…
GREATEST VALUE TRADED, August 23-29
Exchg Val($000s)HighLowCloseChangeRio AlgomT 806390 29.00 26.20 28.70 + 2.45…
Exchange Rates (September 04, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 29Aug. 288Aug. 25Aug. 24Aug. 23…
Producer and Dealer Prices (September 04, 2000)
Antimony: Mid-mkt US$1,750/t.Bismuth: Mid-mkt US$3.20/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.95-16.00/lb.Copper: Comex Sept. US$0.879/lb.Indium: I…
Nickel stocks fall as price continues to climb
The report period Aug. 21-25 was a lethargic one, characterized by rangebound trading for base metals markets.Nickel was the only major market in which trading showed any clear sign of direction. The …
Analysts ponder fate of copper companies
The battle for control of Rio Algom (rom-t) is keeping mining analysts busy in what would otherwise be a quiet Canadian summer. Talk on the street is that Noranda (nor-t) will boost its $24.50-per-sha…
Can-Cal
BHP World Minerals, a division of Broken Hill Proprietary (BHP-N), will join Caledonia Mining (CAL-T) in exploring the Kalimba copper-cobalt properties in the Zambian copperbelt.BHP can earn an initia…
River runs red in quarter
Higher production costs left River Gold Mines (RIV-T) with a loss of $1.6 million (or 5 per share) in the three months ended June 30.River, which took in revenue of $8 million during the quarter, los…
MEETINGS (September 04, 2000)
Sept. 6 Goldhunter — annual, general, special; 4:15 p.m., Ont. Club, Commerce Court South, TorontoSept. 7 Aurado Expl. — specialSept. 7 Trans Hex — annual, special; 10 a.m., Ste. 2100,…