Cerro Casale moves closer to development
A final feasibility study by Placer Dome (PDG-T) indicates that the Cerro Casale porphyry gold-copper deposit in Chile can be developed economically as a large-scale, low-grade open-pit mine.The depos…
News
Platinum, palladium prices fuel market activity
Strong demand and continuing uncertainty over Russian exports kept platinum and palladium prices rallying during the Feb. 9-15 report period. The former climbed $8 to US$549 per oz., while the latter …
Sky’s the limit for CDNX
The Canadian Venture Exchange continued its climb, tacking on 196.62 points, or 6.2%, to finish the week ended Feb. 15 at 3,363.50.Canada’s small cap market has launched three new indices: technology;…
Falco ends on high note Noranda earnings soar
Falconbridge (FN-T) more than quadrupled earnings in the final quarter of 1999, thanks to higher production and rejuvenated base metal markets.Net earnings topped $93.9 million (or 51 per share) on r…
No Headline (February 14, 2000)
Gold Funds (February 14, 2000)
Gold Funds as of Feb 3, 2000Dynamic MutualCentral FundNet Value$13.34$5.55Price$8.10…
Hedge books present problems for few gold miners
Despite the public difficulties faced by gold producers Ashanti Goldfields (ASL-N) and Cambior (CBJ-T), a recent analysis of gold producers’ hedge positions shows that most are not facing large losses…
The Northern Miner — North American Mining Index (February 14, 2000)
86.05 (-1.85)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (February 14, 2000)
62.48 (+2.69)(Sept. 30/98 = 100)…
NAME CHANGES (February 14, 2000)
American Gem (GEM-T) has changed its name to Digital Gem.
Precious metals in the limelight
Precious metals took centre-stage in the 5-day report period ended Feb. 4. Gold prices pushed sharply higher on Feb. 4, eventually reaching a peak of $318 per oz. in Far East trading early on Feb. 7, …
REGULAR DEPARTMENTS (February 14, 2000)
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