GOLD FUNDS (September 10, 2001)
Gold Funds as of August 30, 2001Dundee Precious MetalsCentral FundNet Value$13.71$5.21Price$9.75$5.00…
News
Majescor arranges financing
Junior Majescor Resources (MAJ-M) is looking to raise $2 million to explore for diamonds in northern Quebec.Dundee Securities is acting as lead agent of a syndicate, which includes Haywood Securities,…
Solitario active in Bolivia, Brazil (September 10, 2001)
Denver-based Solitario Resources (SLR-T) has begun an 8-hole drilling campaign on its wholly owned Rincon del Tigre platinum-palladium deposit in eastern Bolivia.The program is focused on the extensiv…
Spot Prices Wed. September 5, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$271.70-$1.15Silver$ 4.19-$0.02Platinum$442.00-$…
Northern Miner Indices (September 10, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Staff Investment Policy (September 10, 2001)
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…
Exchange Rates (September 10, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateSept. 4Sept. 3August 31August 30August 29US$ in C$1.5528Holiday1.5477…
Producer and Dealer Prices (September 10, 2001)
Antimony: Mid-mkt US$1,025/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.40-11.00/lb.Copper: Comex Dec. US$0.679/lb.Indium: Ind…
Pitwall slide halts production at Deep Post
Denver — Newmont Mining (NEM-N) has halted production at the Deep Post gold mine in northern Nevada following a pitwall slide on the southern side of the Betze-Post pit.The pit, which is operated by …
Trail testing system a failure
Vancouver — Newly formed mining giant Teck Cominco (TEK-T) has determined that a failure in its testing methodolog…
Ashton hits kimberlite in Nunavut
Vancouver — Perseverance has paid off in the discovery of a kimberlite on the Kikerk Lake property in Nunavut by A…
Partners discover new Pt-Pd zones
Vancouver — Recognizing the potential for a bulk-tonnage platinum-palladium deposit, partners Mustang Minerals (YM…