The Northern Miner — Small Producers Index (March 12, 2001)
49.94 (-1.03)(Sept. 30/98 = 100)…
News
A toast to progress and people Making it happen
Things are looking up in the mining business, at least relative to last year when dark clouds gathered over the otherwise successful Mining Millennium 2000, a conference organized by the Prospectors &…
PEOPLE (March 12, 2001)
Bolivar — Eric Pinkney appointed director.Consolidated Pine Channel — Richard Walker appointed president.Expatriate — Walter Segsworth appointed director.Goldcorp…
Northern Miner Indices (March 12, 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….
Meridian inks joint venture with Buenaventura in Peru
Denver — Reno, Nev.-based Meridian Gold (MDG-N) has formed a joint venture with Compania de Minas Buenaventura (BVN-N) in order to explore the Los Pircos gold prospect in northern Peru.Meridian can e…
Apex Silver among juniors active in Central America
Denver — After being pushed out of the region by Hurricane Mitch in 1998, Apex Silver Mines (SIL-X) has returned to Central America for another joint-venture opportunity.The Denver-based company, who…
Boliden sells Chilean assets to Noranda and Falconbridge
A letter of intent paves the way for partners Noranda (N-T) and Falconbridge (FL-T) to acquire the Lomas Bayas mine and Fortuna de Cobre copper deposit, both of which are near Antofagasta, Chile.The p…
Sculpting a niche in northern Ontario
Colette Jacques, a sculpter and painter based in Larder Lake, Ont., is helping others see the beauty in mining.The 50-year-old artist uses wood, cement and clay to create numerous sculptures, among wh…
Goldcorp set to recover from loss
Heafty unusual costs pulled Goldcorp (G-T) deep into the red last year. The losses totalled $19.3 million (or 24 per share) on revenue of $61.3 million, compared with earnings of $10.6 million (14 p…
Gammon Lake pushes Ocampo resource above 1m oz.
Extensive exploration by Gammon Lake Resources (GAM-T) at its Ocampo gold-silver property in Mexico has paid off handsomely in new ounces.Watts, Griffis & McOuat (WGM) now estimates Ocampo’s total mea…
TSE Short Positions (March 12, 2001)
Short positions outstanding at February 28, 2001Larger individual positions include:Abitibi-Consolidated Inc. 505,369 down 1,588,485; Alcan Inc. 858,799 down 224,102; Anderson Exploration Ltd.
Spot Prices Wed. March 7, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$261.55-$3.45Silver$ 4.42-$0.01Platinum$586.00-$…