The Northern Miner — Small Producers Index (September 10, 2001)
43.73 (-0.73)(Sept. 30/98 = 100)…
News
‘Personal comment’ mars reporting
John Cumming wrote a detailed article on Gabriel Resources feasibility study of the Rosia Montana gold project in Romania (T.N.M., Aug. 20-26/01). His factually correct reporting of the study would ha…
Weak consumer confidence blocks rally
After rallying in the first few weeks of August, the major base metals markets gave up a substantial portion of their gains in the period Aug. 27-31. Long liquidation, accompanied by some fresh commod…
Diversification helps Cameco ride out weak uranium market
Uranium producers have had little to cheer about in recent years.Hopes were raised earlier this year when the U.S. government unveiled its proposed energy policy, which included an increase in the use…
Expatriate drops Kudz Ze Kayah
Vancouver — A 2-year effort to advance the Finlayson base metal project in the Yukon has come to a halt, with operator Expatriate Resources (EXR-V) failing to make the $1-million payment needed to se…
Los Pelambres mine propels Antofagasta
Denver — Copper production was up 16% in the first half of the year for Antofagasta (ANFGF-O), though profits were clipped by low prices.The London-based company produced 193,900 tonnes of the red me…
Gold properties fall to bargain hunters
The mining adage that gold properties are worth whatever someone will pay for them holds true in good times and bad. And in these tough times, mines can be had, and are being had, at bargain-basement …
PEOPLE (September 10, 2001)
Diagem — Jonathan Goodman and Mousseau Tremblay appointed directors.Melkior — Jocelyn Cote appointed president.Weda Bay — John Lynch appointed president and CEO.
Silver Standard ups stake in Manantial Espejo
Vancouver — Silver Standard Resources (SSO-V) has acquired Barrick Gold’s (ABX-T) 20% interest in the Manantial Espejo silver-gold project in southern Argentina.The junior issued 400,000 shares to Ba…
Mining index fails to jump-start CDNX
Vancouver — Despite a 3-digit gain in the mining sector, Canada’s junior exchange finished the holiday-shortened week ended Sept. 4 on a low note. The Canadian Venture Exchange composite index lost 1…
Metal Prices (September 10, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateSept. 4Sept. 3August 31August 30August 29Aluminium1…
GREATEST VALUE TRADED, AUG. 29-SEPT. 4
ExchgVal($000s)HighLowCloseChangeAlcoa*N38002839.3437.0238.54-0.24…