Gold Funds (June 04, 2001)
Gold Funds as of May 24, 2001Dundee Precious MetalsCentral FundNet Value$14.21$5.59Price$10.10$5.18…
News
Namco rides out storm
Despite recent financial troubles, Namibian Minerals (NMR-T) managed to post a small profit in 2000.The company (Namco) earned US$1 million (or 2 per share) on revenue of US$41.8 million, compared wi…
Silver in germ-resistant homes
Silver is being used in hundreds of small consumer items to help fight bacteria, but a 100-year-old steel manufacturer is taking silver-containing products to the next level by building the first germ…
Staff Investment Policy (June 04, 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…
Producer and Dealer Prices (June 04, 2001)
Antimony: Mid-mkt US$1,130/t.Bismuth: Mid-mkt US$3.80/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.00-12.75/lb.Copper: Comex July US$0.767/lb.Indium: In…
Guyana issues units
Guyana Goldfields (YGI-V) is attempting to raise $150,000 in a non-brokered private placement of 385,000 units.A unit consists of a share and half a warrant. A full warrant entitles the holder to buy …
Lisheen zinc mine approaching design levels
The owners of the Lisheen zinc-lead mine in Ireland are reaping the rewards of an action plan, implemented in the second half of last year, which sought to overcome obstacles to production.By the end …
Canadian Stock Exchange Indices (June 04, 2001)
DateMay 29May 28May 25May 24May 23HighLowTSE 3008…
Targets defined at Mackay Lake
Ground geophysical surveys are being conducted over two prominent circular anomalies on the Mackay Lake property, south of the Lac de Gras area in the Northwest Territories.A 75% interest in the prope…
Northern Miner Indices (June 04, 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….
PEOPLE (June 04, 2001)
Hecla — Phillips Baker appointed VP and CFO.Kensington — William Zimmerman appointed director.Lionore — Donald Bailey appointed chairman, Gilbert Playford appointed vice-chairman and C…
Survey could lead to exploration
The results of a gravity geophysical survey conducted earlier this year in the Timmins district of northern Ontario could lead to new exploration.The survey was a joint venture of the Ontario Geologic…