Producer and Dealer Prices (August 21, 2000)
Antimony: Mid-mkt US$1,650/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$12.90-14.60/lb.Copper: Comex Sept. US$0.8705/lb.Indium: …
Articles by Northern Miner Staff
De Beers’ Winspear takeover ignites diamond sector
Activity in Canada’s junior diamond scene heated up during the Aug. 9-15 report period, with the sector helping to drive up the Toronto Stock Exchange’s gold and precious minerals sub-index by 4.6% to…
Nevada leads gold production
Nineteen ninety-nine marked the second consecutive year that Nevada led the U.S. in gold production.The 8.3 million oz. produced last year did not exceed the record-breaking 8.9 million oz. of 1998, b…
Gold up, Dow cracks 11,000
The Dow Jones industrial average edged up 90.11 points, or 0.8%, to close at 11,067 points for the report period ended Aug. 15, while gold recovered to US$274.60 per oz. on the Comex division of the N…
NAP exec shorts own stock
Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:- Aber Resources (ABZ-T) — John Lamacraft, director, bought 25,000 shares a…
Zinc, nickel winners during rocky week
The report period Aug. 7-11 was one of contrasting fortunes for the base metals complex. Tighter nearby spreads and worryingly low stock levels contributed to stronger prices in the second half of the…
Gold Funds (August 21, 2000)
Gold Funds as of August 10, 2000Dynamic MutualCentral FundNet Value$12.71$5.40Price$7…
CRU study links capital costs to return on investments
A study by CRU International, the London-based group of commodity market analysts, suggests that the most accurate determinant of share value for metal producers is the relationship between capital co…
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Atna inks deal to gain stake in cobalt project
Junior Atna Resources (ATN-T) has signed a letter-of-intent with Colorado-based U.S. Cobalt (USC-V) to acquire a half-interest in the Madison cobalt-nickel-copper project, 100 miles south of St. Louis…
MEETINGS (August 21, 2000)
Aug. 22 Redwood — annual, specialAug. 23 Levon — annual, general; 10:00 a.m., Ste. 400, 455 Granville St., VancouverAug. 23 Tres-Or — annual; 10:00 a.m., Ste. 680, 505 Burrard St., Van…
Luicho underscores PacRim’s potential Investment Commentary
Catherine McLeod-Seltzer, president of Pacific Rim Mining (PFG-T), says drilling at the Luicho gold project in southern Peru should begin any day now.Although the first reverse-circulation rig is now …