The Northern Miner — Small Producers Index (April 16, 2001)
46.26 (-1.66)(Sept. 30/98 = 100)…
News
Smaller top line throws Rio Narcea for a loss
The combination of a lower gold price and a production shortfall at the El Valle mine in northwestern Spain resulted in a US$4.8-million loss for Rio Narcea Gold Mines (RNG-T) in 2000.The loss include…
LME Warehouse Levels (April 16, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 10/01 (change from April 3 in brackets):MetalStock (tonnes)ChangeAluminium47100…
Metal Prices (April 16, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 10April 9April 6April 5April 4Aluminium1500/1…
Exchange Rates (April 16, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 3April 2 April 30April 29April 28…
Corner Bay a top pick in the junior sector
Corner Bay Silver (bay-t) will carry out a bankable feasibility study of its Alamo Dorado project in northwestern Mexico, drawing on proceeds from a $5.5-million financing completed late last year wit…
LionOre, partners find gold near Thunderbox
A group led by Australia’s LionOre Mining International (LIM-T) has discovered a gold prospect 7 km south of the company’s Thunderbox gold deposit in Western Australia’s northeastern goldfields.Named …
South Deep strike ends
Workers at the South Deep mine in South Africa have ended their week-old labour dispute.South Deep is a 50-50 joint venture between Placer Dome (PDG-T) and South Africa’s Western Areas. Placer purchas…
Golden Star boosts interest in Bogoso
Denver — Golden Star Resources (GSC-T) has agreed to acquire its partner’s stake in the Bogoso gold mine in Ghana in exchange for 3 million shares of the company.Australia’s Anvil Mining will transfe…
AMF, Anglo cut new deal at Kolwezi
A more stable political climate in the Democratic Republic of Congo has enabled America Mineral Fields (AMZ-T) and Anglo American (AAUK-Q) to rework their deal to process the country’s Kolwezi tailing…
Miners feared dead in Zambia
As many as 10 miners are thought to be dead following a landslide at the Nchanga open pit, near the city of Chingola in north-central Zambia.Recovery operations are under way, though Benedict Chileshe…
Christian von Hessert
Christian von Hessert, chairman of Toronto-based Laramide Resources, has died. He was 59.Born in 1941 in New York, N.Y., von Hessert was a graduate of Columbia University and in 1971 received his mast…