Falco ends on high note Noranda earnings soar
Falconbridge (FN-T) more than quadrupled earnings in the final quarter of 1999, thanks to higher production and rejuvenated base metal markets.Net earnings topped $93.9 million (or 51 per share) on r…
Articles by Northern Miner Staff
Cominco posts stellar results
Aided by the recent rally in base metal prices, Cominco (CLT-T) roared back into the black during 1999, ending a 2-year downturn that had battered its bottom line.The major zinc producer earned $131 m…
No Headline (February 14, 2000)
A light under a bushel
GeoCanada 2000, to be held in Calgary, Alta. from May 29 to June 2, promises to be an unusual event for Canadian geoscientists. It will be the first such summit for an estimated 5,000 earth scientists…
Oil group sets standard
One might say things in the mining industry look hopeless: metals prices are low; exploration budgets have been slashed; junior mining companies have either disappeared into the woodwork or turned to …
Gold Funds (February 14, 2000)
Gold Funds as of Feb 3, 2000Dynamic MutualCentral FundNet Value$13.34$5.55Price$8.10…
LME Warehouse Levels (February 14, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 8/99 (change from Feb. 1 in brackets):Aluminium819250(+30525)…
Clarifications
A statement in the Facts ‘n’ Figures column of our Feb. 7-13 issue indicated that development by Lyon Lake Mines of its Cerro Crucitas deposit in Costa Rica is on hold.This information appeared in a r…
Hedge books present problems for few gold miners
Despite the public difficulties faced by gold producers Ashanti Goldfields (ASL-N) and Cambior (CBJ-T), a recent analysis of gold producers’ hedge positions shows that most are not facing large losses…
Clow CIM lunch guest
Graham Clow, president of Manhattan Minerals, will speak at the next meeting of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum, to be held at noon on Feb. 17 at the O…
Canada, China ink trade deal
An agreement signed by Canada and China will allow for the exchange of mining knowledge and goods between the countries, says Natural Resources minister Ralph Goodale.The deal was signed by Goodale an…
The Northern Miner — North American Mining Index (February 14, 2000)
86.05 (-1.85)(Sept. 30/98 = 100)…