Base metals stand firm
Base metals markets enjoyed a second good week during the Aug. 20-24 period, with most managing to at least hang on to the gains made late the previous week.Nickel was the strongest performer, as the …
News
Staff Investment Policy (September 03, 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…
Exall runs into trouble
Exall Resources (EXL-T) has hit a last-minute snag in its attempt to enter Romania’s petrochemical industry.The company’s US$10-million acquisition of a 53% shareholding in Oltchim, Romania’s largest …
***** New Story***** (September 03, 2001)
Exchange RatesCANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAugust 28August 27August 24August 23…
Spot Prices Wed. August 29, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$272.85-$4.40Silver$ 4.21+$0.04Platinum$465.00+$…
Northern Miner Indices (September 03, 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 (September 03, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 28/01 (change from Aug. 21 in brackets):Metalstock (tonnes)ChangeAluminium674575…
Producer and Dealer Prices (September 03, 2001)
Antimony: Mid-mkt US$1,005/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$9.25-11.00/lb.Copper: Comex Sept. US$0.691/lb.Indium: In…
Canadian Stock Exchange Indices (September 03, 2001)
DateAugust 28August 27August 24August 23August 22HighLowTS…
Cortez expands Crossroads
Denver — Infill drilling at the Crossroads deposit in central Nevada has returned significant, albeit deep, mineralization for the Cortez joint venture. The project is part of the Pipeline complex.Pl…
BCGS reports new gold model
A new gold deposit model for the North American Cordillera is identified in a paper by Christopher Ash of the British Columbia Geological Survey. Gold deposits of Atlin, Cache Creek, Bralorne-Pioneer,…
Sons of Gwalia bids for Teck’s PacMin
Sons of Gwalia (SGW) has tabled a takeover bid for fellow Aussie gold miner PacMin Mining, an 80% controlled subsidiary of Teck (TEK-T).Gwalia is offering five of its own shares for every 28 PacMin sh…