LME Warehouse Levels (January 08, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 2/01 (change from Dec. 22/00 in brackets):MetalStock(tonnes)ChangeAluminium298925…
News
Producer and Dealer Prices (January 08, 2001)
Antimony: Mid-mkt US$1,350/t.Bismuth: Mid-mkt US$4.00/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.70-14.25/lb.Copper: Comex March US$0.8115/lb.Indium: …
Majescor raises $2.2m
Quebec City-based Majescor Resources (MAJ-M) has arranged a $2.2-million private placement with investment dealer Canaccord Capital. Proceeds are earmarked for diamond exploration in northern Quebec.T…
Revisions to mining indices
The quarterly revision of The Northern Miner’s two mineral-industry market indices has resulted in the addition of Stillwater Mining (SWC-X) to the North American Mining Index.Stillwater, with a marke…
Freeport-McMoRan faces higher levels of political risk
A visit to the Grasberg copper-gold mine has prompted mining analyst Roger Chaplin of Canaccord Capital to issue a “speculative buy” recommendation for Freeport-McMoRan Copper & Gold (FCX-N), which op…
Canadian Stock Exchange Indices (January 08, 2001)
DateJan. 2Jan. 1Dec. 29Dec. 28Dec. 27HighLowTSE 3008611.51Holiday…
Correction (January 08, 2001)
In a Dec. 4-10, 2000, article about Mazarin’s (MAZ-T) proposed purchases of Teck’s (TEK-T) half-interest in the Niobec mine and the major’s option to acquire a 25% interest in Niocan’s (NIO-T)…
Rockwell explores for Brazilian PGMs
Vancouver — A private placement of 4.5 million units priced at 65 apiece has added $2.9 million to the coffers of junior Rockwell Ventures (RCW-V). The Hunter-Dickinson-led company will use the fund…
Int’l Annax expands Dairi
Australian-listed Herald Resources, the 71%-owner of International Annax Ventures (IAX-V), continues to expand the high-grade Anjing Hitam zinc-lead deposit at the Dairi project in northern Sumatra, I…
Drill to turn at Stares
Vancouver — With a 900-metre drill program set to begin on their jointly owned Stares-Calvert massive sulphide property in Ontario, RJK Explorations (RJX.A-V) and Greater Lenora Resources (GEN-T) hav…
SouthernEra sells flow-through shares
Toronto-based SouthernEra Resources (SUF-T) has raised $1.65 million for domestic exploration.The company issued 733,333 units at $2.25 apiece, or roughly 18% above its current share price. Each unit …
MOST ACTIVE ISSUES, DEC. 27-JAN. 2
ExchgVol(000s)HighLowCloseChangeAlcoa*N 10744 34.75 31.88 32.25 -2.31…