News

EVENTS (November 27, 2000)

Dec. 4-8 Northwest Mining Association: 106th Annual Meeting — Exposition and short courses. Spokane, Wash. Tel: (509) 624-1158. Fax: (509) 624-1241. E-mail: nwma@nwma.org. Web site:…


Reporting social standards

A global survey by KPMG suggests that mining companies are making good progress in their efforts to become more accountable to external stakeholders, including non-governmental organizations (NGOs).Th…


Lower sales sink Freeport in third quarter

Denver — Lower sales volumes resulted in a third quarter loss for Freeport-McMoRan Copper & Gold (FCX-N). The major incurred a net loss of US$9.2 million (or 6 per share) in the 3-month period ended…


Ecuadorian posts resource

Denver — Following completion of a second round of drilling, Ecuadorian Minerals (EMC-T) has reported a new resource at its Beroen gold-silver project in Ecuador.The 27 holes recently drilled bring t…




LME Warehouse Levels (November 27, 2000)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 21/00 (change from Nov. 14 in brackets):MetalStock(tonnes)ChangeAluminium331850(…


Staff Investment Policy (November 27, 2000)

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…


Metal Prices (November 27, 2000)

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateNov. 21Nov. 20Nov. 17Nov. 16Nov. 15Aluminium1457.50…


East Malarctic posts higher earnings

East Malartic Mines’ gold operation, 50 miles east of Rouyn-Noranda, Que., is completing its most profitable year since 1942.Profits for the first 10 months of 1950 were $186,332, compared with earnin…


Producer and Dealer Prices (November 27, 2000)

Antimony: Mid-mkt US$1,535/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.25-16.50/lb.Copper: Comex Dec. US$0.828/lb.


HudBay, Eureka prove up Lottie Lake VMS property

There’s nothing terribly subtle about the mineral indicator chemistry on Eureka Resources’ (EUK-C) Lottie Lake property, 25 km northwest of Wells in British Columbia’s Cariboo mining district. Two yea…


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