News

South African players consolidate Free State assets

Harmony Gold (HGMCY-Q), which has made a name for itself by acquiring marginal or unprofitable South African mines and turning them around, has submitted an undisclosed cash offer to acquire all of An…


Staff Investment Policy (November 12, 2001)

The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…



Northern Miner Indices (November 12, 2001)

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…


LME Warehouse Levels (November 12, 2001)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 06/01 (change from Oct. 31 in brackets):MetalStock (Tonnes)ExchangeAluminium696125…


Producer and Dealer Prices (November 12, 2001)

Antimony: Mid-mkt US$1,260/t.Bismuth: Mid-mkt US$3.50/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.95-7.80/lb.Copper: Comex Dec. US$0.616/lb.





Noranda marks $16 million to ‘green’ Horne

Noranda says it plans to invest more than $16 million to reduce sulphur dioxide (SO2) and particulate emissions from its Horne copper smelter in Rouyn-Noranda, Que.The company wants to reduce SO2 emis…


Western Areas keeps stake in South Deeps

After months of wrangling, South Africa’s Western Areas has decided not to sell its 50% stake in the South Deeps gold mine, near Johannesburg.Chief Executive Officer Brett Kebble says the company cons…


Afri-Can samples alluvials

Junior Afri-Can Marine Minerals (AFA-V) has hired the marine unit of De Beers Consolidated Mines to test several possibly diamond-bearing features off the coast of Namibia.Seventeen features outlined …


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