Diamond potential high in Ontario
Recent evaluations of Ontario’s diamond potential indicate good potential for a diamond discovery in Ontario, particularly in the areas of Red Lake, Wawa, the James Bay Lowlands and River Valley.That …
News
Anglogold opts out of Colombia
Vancouver — In a move that puts Conquistador Mines a step closer to closing down exploration activities in Colombia, Anglogold has elected to stop exploring its regional gold project there.California…
The Northern Miner — Small Producers Index (April 23, 2001)
46.56 (+0.30)(Sept. 30/98 = 100)…
Aussie prof at U of T
Renowned Australian geologist Roussos Dimitrakopoulos will teach a 3-day course at the University of Toronto’s Lassonde Institute in June.The professor and director of the WH Bryan Mining Geology Rese…
Northern Miner Indices (April 23, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.3ComincoCLT-T5.1FalconbridgeFL-T6.7Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N6.7Homestake MiningHM-N4….
Deal reached to clean up former Britannia mine site
A partnership consisting of public and private interests has reached an agreement to clean up the former Britannia copper-gold mine site, near Howe Sound, 50 km north of Vancouver, B.C.The cleanup is …
Exchange Rates (April 23, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 17April 16 April 13April 12April 11US$ in C$1.55791.5621Holiday…
Mining gains global voice
Instead of preaching to the converted about its environmental and social progress and its economic contributions to society, the international mining community has reached out to the rest of the world…
Spot Prices Wed. April 18, 2001 (April 23, 2001)
Precious MetalsPrice (US$/oz.)ChangeGold$260.10+$1.65Silver$ 4.32-$0.01Platinum$630.00+$…
Gold Funds (April 23, 2001)
Gold Funds as of April 12, 2001Dundee Precious MetalsCentral FundNet Value$12.33$5.23Price$7.10$4.88…
Summo considers copper powder business
Denver — Summo Minerals (SMA-T) has commissioned a new feasibility study to assess the economics of a copper powder business at the Lisbon Valley project in southeastern Utah.In September 2000, Summo…
Outokumpu buys Norzink smelter
Denver — Boliden (BOL-T) and Rio Tinto (RTP-N) have completed the US$180-million sale of the Norzink smelter and refinery complex to Finnish giant Outokumpu. The operation is in southwestern N…