Ashton finds new pipe
Drilling by Ashton Mining of Canada (ACA-T) on the Buffalo Hills property in north-central Alberta has uncovered another kimberlite.The discovery, known as K281, occurs 15 km southeast of kimberlite K…
News
LME Warehouse Levels (March 19, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 13/01 (change from March 6 in brackets):MetalStock (tonnes)ChangeAluminium467400…
Rio Narcea keeps production steady
Lower head grades at its flagship El Valle open-pit mine in northwestern Spain have taken a bit of the edge off the production numbers of Rio Narcea Gold Mines (RNG-T).During 2000, Rio Narcea produced…
Producer and Dealer Prices (March 19, 2001)
Antimony: Mid-mkt US$1,320/t.Bismuth: Mid-mkt US$4.00/lb.Cadmium: Mid-mkt US$0.22/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.50-15.00/lb.Copper: Comex March US$0.8115/lb.
Tiberon eyes Vietnamese tungsten
Vancouver — Calgary-based Tiberon Minerals (TBR-V) has tabled encouraging results from its 20-hole drill program on the Nui Phao exploration licence in northern Vietnam.The company acquired the 32.2-…
Israel exports record amount of diamonds
Polished diamond exports from Israel rose 19% in 2000, to a record level of US$5.3 billion.”Exceeding the US$5-billion mark in polished exports is a great accomplishment, firmly establishing Israel’s …
Northern Miner Indices (March 19, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7ComincoCLT-T4.5FalconbridgeFL-T6.3Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.0Homestake MiningHM-N3….
EXCHANGE RATES (March 19, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMarch 13March 12March 9March 8 March 7US$ in C$…
Staff Investment Policy (March 19, 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…
Aurora Platinum shows potential in Sudbury basin
Junior Aurora Platinum (ARP-V) is embarking on a 20,000-metre drill program as it searches for copper-nickel-platinum group metals (PGM) on projects in Ontario and Quebec.Having run up as high as $8.1…
Writedowns take toll on Pan American
Vancouver — A writedown of US$37.6 million at its Dukat silver project in the Magadan region of far-eastern Russia, and a US$4.4-million charge against inactive properties pushed Pan American Silver …
The Northern Miner — North American Mining Index (March 19, 2001)
74.74 (-1.24)(Sept. 30/98 = 100)…