News
Gold Funds (November 06, 2000)
Gold Funds as of Oct 26, 2000Dynamic MutualCentral FundNet Value$11.70$5.44Price$6.70$4.570…
Staff Investment Policy (November 06, 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…
The Northern Miner — North American Mining Index (November 06, 2000)
67.23 (+4.20)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (November 06, 2000)
40.95 (-1.13)(Sept. 30/98 = 100)…
Grade problems hamper Harmony’s performance
During a period when South Africa’s mining industry consolidated to a handful of companies from 37 producers, Harmony Gold Mining (HGMCY-Q) grew into a multi-million-ounce producer by expanding beyond…
Eight new members inducted into National Hall of Fame in US
Eight new members have been inducted into the National (U.S.) Mining Hall of Fame in Leadville, Colo.The ceremony was held at the Las Vegas Hilton and hosted by Dr. Thomas Falkie, chairman of Philadel…
Noranda continues profitable growth, enhances Perseverance
Stronger commodity prices nudged Noranda’s (NOR-T) third-quarter earnings a little higher, despite higher energy prices and an ongoing strike at the Sudbury, Ont., operations of subsidiary Falconbridg…
Agnico-Eagle completes LaRonde mine expansion
Having expanded its LaRonde gold mine in northwestern Quebec, Agnico-Eagle Mines (AGE-T) is expecting a steady stream of cash flow.In October, underground production was ramped up to 5,000 tons per da…
Ashton urges acceptance of De Beers’ bid
The board of directors of Australian-listed Ashton Mining has recommended that its shareholders reject Rio Tinto’s (RTP-N) A$1.85-per-share offer, which it described as “neither fair nor reasonable,” …
Anglo drilling extends zone at Aripuana
Drilling by Anglo American (AAUK-Q) at the Aripuana property in Brazil has intersected a zone of zinc and lead sulphide mineralization in a stepout hole 160 metres northwest of the previously drilled …
Gold-as-money, Part II
If gold is the mortal enemy of central bankers, as suggested by Lawrence Parks, executive director of the Foundation for the Advancement of Monetary Education (FAME), is there hope for a truce or a pe…