News

Majors finance base metal revival in Newfoundland

Vancouver — As Inco (N-T) patiently awaits a resolution to the frustrating development dispute that has stalled its Voisey’s Bay nickel-copper-cobalt project in Labrador, other companies are stepping…


Correction (December 25, 2000)

In an article about the first gold pour at the Morila mine in Mali (T.N.M., Nov. 27-Dec. 3/00), the name of the operation was incorrectly spelled in the headline. Also, the operator, Randgold Resource…


Looming slowdown triggers liquidation

The report period Dec. 11-15 saw a bout of liquidation in metals markets, inspired by worse-than-expected U.S. economic data. As a result, prices fell back — nickel, by 2.9%; tin, by 1.7%; and lead, …


Select juniors offer upside potential

As tax-loss selling draws to a close, so does the opportunity to take advantage of a seasonal weakness in the junior mineral resource market before liquidation dries up by year-end. With this in mind,…




GOLD FUNDS (December 25, 2000)

Gold Funds as of Dec. 14 2000Dundee Precious MetalsCentral FundNet Value$11.38$5.34Price$6.30$4.550Discount44.64…


Staff Investment Policy (December 25, 2000)

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…


Hope Bay raises funds

Hope Bay Gold (HGC-T) has raised $5 million in a private placement with Dundee Precious Metals (DPM-T).Dundee, a closed-end investment company focused on precious metals, purchased 10 million units at…


NAME CHANGES (December 25, 2000)

Duran Gold Corp. (DRN-V) has changed its name to Duran Ventures Inc. (DRV-V) on a 1-new-for-2-old-share basis.Nickelodeon Minerals Inc. (NKM-V) has changed its name to Strongbow Res…


Raymor, McGill team up for lithium project

Quebec City-based Raymor Industries (RAR-V) is collaborating with researchers from McGill University on a project designed to achieve commercial production of lithium metal from the mineral spodumene….


Caribgold picks up land near Perseverance

CaribGold Resources (CG-T) has acquired a 100% interest in 118 contiguous mineral claims about 6 km west of Noranda’s (NOR-T) Perseverance zinc-copper project in the Matagami camp of northern Quebec.C…


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