Articles by Northern Miner Staff

Metal prices delved into a bag of mixed fortunes during the report period July 17-21 as copper led the way in breaking its range to reach US$1,870 per tonne following several failed attempts to overco…

ExchgVal($000s)HighLowCloseChangeAlcoa*N 313679 32.31 30.19 31.31 + 1.00…

Continued strong earnings from its Cayeli mine in Turkey allowed Inmet Mining (IMN-T) to post earnings of $2 million, or 3 per share, on revenue of $24.9 million in the second quarter.The profit was …

Record demand for yellow metalFear of escalating inflation, combined with the ongoing Korean War, has created record demand for the yellow metal in the Far East, Western Europe and India.In Hong Kong,…

The future of bulk mining will be addressed at MassMin 2000, a conference slated for Oct. 30-Nov. 2 in Brisbane, Australia.Bulk mining refers to any large-scale, mechanized method of mining massive un…

London-based Billiton will pay US$327 million to acquire an indirect 2% stake in Companhia Val do Rio Doce (CVRD), the Brazilian iron ore and aluminum group, at a 50% premium to the current market pri…

Precious MetalsPrice (US$/oz.)ChangeGold$279.70-$2.10Silver$ 4.97-$0.02…

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJuly 25July 24July 21July 20…

Short positions outstanding at July 15, 2000Larger individual positions include: Abitibi-Consolidated 1,144,461 up 530,935; Alcan Aluminium 742,357 up 359,552; Barrick Gold 4,879,235 up 416,…

DateJuly 25July 24July 21July 20July 19HighLowTSE 30010867.1010783.4810842.0810740.801…

Following a review by the Canadian Venture Exchange (CDNX), Birch Mountain Resources (BMD-V) has retracted statements that two outside laboratories had confirmed “a new form of gold and platinum group…