Ordering parts made easier
Toronto-based NRX Global has introduced an Internet browser-based software designed to make it easier for mining companies to order parts.The new product promises to streamline inventories and decreas…
News
Nuinsco to drill Bucko
A flow-through financing for $400,000 will bankroll a drilling program by Nuinsco Resources (NWI-T) at the Bucko property near Wabowden, Man.Nuinsco is to drill an electromagnetic anomaly located by a…
Dow moves up slowly
Denver — The Dow Jones industrial average edged up 80.11 points, or 0.8%, to finish the Jan. 10-16 report period at 10,652.66, as the market entered what could turn out to be a rocky season for earni…
Producer and Dealer Prices (January 22, 2001)
Antimony: Mid-mkt US$1,300/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.50-14.00/lb.Copper: Comex March US$0.823/lb.
Mining companies unshaken by Salvadoran earthquake
Denver — The 7.6-magnitude earthquake that rocked El Salvador in mid-January caused little to no damage to mining operations in the region.Dayton Mining (DAY-T) President William Myckatyn tells The N…
Newmont funds Zarafshan expansion
Denver — Having inked a US$30-million financing agreement with the European Bank for Reconstruction and Development, Newmont Mining (NEM-N) is expanding the Zarafshan joint venture in Uzbekistan.Sinc…
Scoping study for Penasquito
Vancouver — Assay results from a 4,600-metre drill program over the Penasquito base metal property in Mexico have prompted Western Copper Holdings (WTC-T) and its Lima-based partner, Mauricio Hochsch…
Base metals stage comeback
A sense of optimism returned to the base metals complex between Jan. 8 and 12, as all the major metals ended the period strongly higher with firm bases of support. Copper prices gained 0.5% over the w…
The Northern Miner — North American Mining Index (January 22, 2001)
71.61 (-1.02)(Sept. 30/98 = 100)…
Spot Prices Wed. January 17, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$263.10-$3.60Silver$ 4.67+$0.14Platinum$628.00-$9…
Trivalence continues streak
Contributions from the recently opened Palmietgat mine in South Africa have enabled Trivalence Mining (TMI-V) to chalk up its sixth straight increase in quarterly diamond production.Trivalence owns a …
Placer Dome nixes African deals
Placer Dome (PDG-T) has terminated joint-venture option agreements with Channel Resources (CHU-T) and Solomon Resources (SRB-V) on the Bombore and Somifa gold projects in Burkina FasoPlacer…