Northern Miner Indices (September 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…
News
Exchange Rates (September 10, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 4Sept. 3August 31August 30August 29US$ in C$1.5528Holiday1.5477…
Producer and Dealer Prices (September 10, 2001)
Antimony: Mid-mkt US$1,025/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.40-11.00/lb.Copper: Comex Dec. US$0.679/lb.Indium: Ind…
Pitwall slide halts production at Deep Post
Denver — Newmont Mining (NEM-N) has halted production at the Deep Post gold mine in northern Nevada following a pitwall slide on the southern side of the Betze-Post pit.The pit, which is operated by …
North American Palladium breaks new ground at Lac des Iles
Thunder Bay, Ont. — Unique by virtue of the metal it produces, Canada’s only primary palladium mine is now among the few operations to expand production when most are struggling just to survive.North…
Tiberon cuts high-grade tungsten
Vancouver — Junior Tiberon Minerals (TBR-V) continues to report solid drill results from its Nui Phao polymetallic project in Vietnam.The ongoing program is outlining the grade, width and continuity …
Noranda advances Alumysa
Noranda has filed an environmental impact assessment for its proposed US$2.78-billion aluminum and hydroelectric power project 650 km south of Santiago, Chile.The EIA for the Alumysa project cost more…
Majescor arranges financing
Junior Majescor Resources (MAJ-M) is looking to raise $2 million to explore for diamonds in northern Quebec.Dundee Securities is acting as lead agent of a syndicate, which includes Haywood Securities,…
***** New Story***** (September 10, 2001)
Canadian Stock Exchange Indices — 52-week –DateSept. 4Sept. 3August 31August…
Canabrava tests showing
Field geologists with Canabrava Diamond (CNB-V) have discovered the possible source of two diamond-bearing kimberlite boulders found earlier this year by Kennecott Canada Exploration on the Rocky Isla…
Starfield expands at Ferguson Lake
Vancouver — Drilling has increased, by 5.6 million tonnes, the inferred resource at the Ferguson Lake nickel/copper/cobalt/ platinum-group-metal project in Nunavut.Starfield Resources (SRU-V) reports…
African projects thrive despite downturn
One of the few bright spots on the exploration front is Tanzania, where, in recent years, several majors have built sizable mining operations. In particular, Tan Range Exploration (TNX-V) is reporting…