News



Northern Miner Indices (February 19, 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….


Canadian Zinc tables Prairie Creek study

Vancouver — Canadian Zinc (CZN-T) is considering ways to redevelop the existing mine and mill on the Prairie Creek property in the Northwest Territories.The scoping study, performed in-house using in…


Staff Investment Policy (February 19, 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…


Liquidation takes toll on prices

Large-scale fund long liquidation ravaged base metals markets late on Friday, Feb. 9 and continued into the following Monday, erasing almost all this year’s gains in copper, nickel and zinc prices. Al…


Navigator, Canabrava cut kimberlite at Kat

The first hole of the 2001 winter drilling program on the Kat project in the Attawapiskat region of northern Ontario has intersected kimberlite.The Kat project forms part of the Severn joint venture, …


Morila

An option from De Beers Consolidated Mines (DBRSY-Q) is enabling Vaaldiam Resources (VRL-V) to widen its search for South African diamond deposits.The Toronto-based junior already holds options on fou…


Metal Prices (February 19, 2001)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 13Feb. 12Feb. 9Feb. 8Feb. 7Aluminium1607/1585.


AngloGold posts profits before writedowns

Denver — While gold production edged up and costs declined slightly in the fourth quarter, AngloGold (AU-N) recorded a profit of US$84.6 million before a writedown of US$92.9 million. The net loss fo…



CDNX continues upswing (February 12, 2001)

Vancouver — Canada’s junior exchange continued its bull run, posting modest gains on all indicies during the report period ended Feb. 6. The Canadian Venture Exchange composite index added 49.66 poin…


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