Algoma pitches last-minute deal
Century-old steel producer Algoma Steel (ALG-T) is breathing a sigh of relief after the third time proved to be the…
News
AngloGold bares its knuckles
As expected, AngloGold (AU-N) has sweetened its takeover bid for Normandy Mining (NDY-T), setting the stage for a fierce battle with rival bidder Newmont Mining (NEM-N).In mid-November, Newm…
NAME CHANGES (December 10, 2001)
Spokane Resources (SKN-V) has changed its name to SKN Resources (SRL-V) on a 1-new-for-10-old-share basis.Totem Mining (TOH-V) has changed its name to Comcorp Ventures (CV…
News – 10-DEC-01
Coping with globalization fears
The World Trade Centre was perhaps the most powerful symbol of economic globalization, and the U.S. has long been seen as the champion of a free-trade, high-technology and democratic, secular society….
Tremor kills South Africans
Three miners were killed and four others injured after an earth tremor caused a rock fall at AngloGold’s Savuka mine, 30 km west of Johannesburg.The tremor, which measured 2.6 on the Richter scale, oc…
Enron demise shakes metals markets
Base metals prices put in a mixed performance during the report period Nov. 26-30, driven by further production cuts and by differing responses to Enron’s troubles (see editorial, page 4). Copper, whi…
The Northern Miner — North American Mining Index (December 10, 2001)
66.88 (-0.18)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (December 10, 2001)
46.29 (+1.11)(Sept. 30/98 = 100)…
Gold Funds (December 10, 2001)
Gold Funds as of November 29, 2001Dundee Precious MetalsCentral FundNet Value$12.77$5.29Price$9.10$5.24…
Canadian Stock Exchange Indices (December 10, 2001)
DateDec. 4Dec. 3Nov. 30Nov. 29Nov. 28HighLowTSE 3007450.097374.827425.657400.497358.20…
Northern Miner Indices (December 10, 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…