Spot Prices Wed. MAY 9, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$265.20+$0.20Silver$ 4.32-$0.07Platinum$604.00+$…
News
PEOPLE (May 14, 2001)
Boulder — John Magee appointed director.IOC — Terry Bowles appointed president and CEO.Patrician — Rocco Guarnaccia appointed director.Perlite Canada — Jacques L…
Africa’s rich copper belt lures majors
Africa’s copper belt has been in decline for decades, but that could change now that deep-pocketed majors have inked deals to increase their exposure to one of the world’s richest mineral districts.Ph…
Barrick posts record cash flow
The weak gold market and fears of recession in the industrial world may be working on the minds of many gold producers, but Barrick Gold (ABX-T) has kept smiling through the hard times — if you can c…
Staff Investment Policy (May 14, 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…
Exchange Rates (May 14, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 8May 7May 4May 3May 2US$ in C$1.54441.54031.53491.5329…
Northern Miner Indices (May 14, 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….
PCS wins safety award
The New Brunswick division of Potash Corp. of Saskatchewan had the lowest frequency and severity of accidents at a mine site in 2000, and was duly honoured for its achievement at the 31st annual safet…
Colorado Geological Survey publishes coal directory
Maps showing production and distribution patterns are among the chief features of Colorado Coal Directory 2000.The maps also show the location of mines, permit boundaries, topography, and areas of pas…
Meliadine West put on block
Australia’s WMC has notified its two Canadian partners, Cumberland Resources (CBD-T) and Comaplex Minerals (CMF-T), that the Meliadine West gold project in Nunavut will be included in the packa…
Algeria takes bids for land
The Algerian government is seeking tenders for diamond exploration on a 542,000-km section of land running along the borders of Mali, Mauritania and Morocco and which stretches northeast beyond the ci…
Bedwell’s booms and busts
Gold was first found in the bed of the Bedwell River by the Vancouver Island Exploring Expedition party, led by John Buttle in 1865. When the report of the discovery reached the city of Victoria, a hu…