Summo receives positive study for Lisbon Valley
With a bankable feasibility study in hand, Summo Minerals (SMA-T) plans to raise US$57 million to build a mine at its Lisbon Valley copper project in southeastern Utah.The property is fully permitted …
News
Homestake closes namesake mine
After more than a century of production, the venerable Homestake gold mine in Lead, South Dakota, will cease mining and milling operations at the end of 2001.The decision to close America’s oldest gol…
MOST ACTIVE ISSUES, Sept. 6-12
ExchgVol(000s)HighLowCloseChangePlacer DomeT 15414 15.25 13.30 14.55 + 1.00…
Rails to Resources
American Senator Frank Murkowski is an anomaly in today’s political world. No, that is too timid a statement. The man is a marvel, if a bill introduced during the 106th Congress of the United States S…
Gold Funds (September 18, 2000)
Gold Funds as of September 7, 2000Dynamic MutualCentral FundNet Value$12.84$5.39Price…
Marketplace finds tech provider
Commerce One/SAPMarkets has been selected as the technology provider for the Global Mining and Metals Procurement Marketplace.The firm beat out California rivals Oracle and Ariba in a two-day, seven-c…
The Northern Miner — Small Producers Index (September 18, 2000)
53.48 (-0.57)(Sept. 30/98 = 100)…
Spot Prices Wed. September 13, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$272.80-$2.50Silver$ 4.88-$0.07…
Exchange Rates (September 18, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 12Sept. 11Sept. 8Sept. 7Sept. 6…
Exchange Rates (September 11, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 5Sept. 4Sep. 1Aug. 31Aug. 30…
Elliot Lake’s mining legacy turns into asset
Elliot Lake, Ont., is a town built on uranium mining. When the mines closed, many feared the town would too. But they underestimated the efforts of community leaders who successfully marketed their co…
Wayside resets placement
Current market conditions have prevented International Wayside Gold Mines (IWA-V) from closing a previously announced private placement of 3 million units priced at 85 each.Instead, Wayside has arran…