Report aims to improve mine safety
A new independent report is expected to bolster health and safety in Ontario’s mines.Titled The Internal Responsibility System in Ontario Mines, the report calls for a unified approach to improving he…
News
PolyMet tables drill results
Denver — PolyMet Mining (POM-V) has released further drill results that demonstrate continuity of mineralization at the NorthMet polymetallic project in northern Minnesota.The last five holes were dr…
The Northern Miner — Small Producers Index (December 25, 2000)
43.52 (-3.2)(Sept. 30/98 = 100)…
GOLD FUNDS (December 25, 2000)
Gold Funds as of Dec. 14 2000Dundee Precious MetalsCentral FundNet Value$11.38$5.34Price$6.30$4.550Discount44.64…
Staff Investment Policy (December 25, 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…
Hecla sells non-core assets
Denver — Hecla Mining (HL-N) has agreed to sell its ball clay and kaolin division to Toronto’s Zemex (ZMX-T) for US$68 million.The Coeur d’Alene, Idaho-based miner will use the proceeds to pay down b…
Placer explores Madsen
Placer Dome (PDG-T) is gearing up to explore the 40-sq.-km Madsen gold project in Red Lake, Ont.The major, which operates the nearby Campbell gold mine, can earn a 55% interest from Claude Resources (…
Golds shine amid market downturn
It has been a while, but gold lived up to its reputation as a safe haven during the Dec. 13-19 report period, as a weakening U.S. dollar prompted gold-buying overseas.The buying came amid the U.S. Fed…
Twin Mining encouraged by Baffin stones
Following up on some earlier success, Twin Mining (TWG-T) has received diamond counts from a total of 1,669 kg of kimberlite derived from pipes No. 1 and No. 2 on the Freightrain claim on the company’…
Silver Standard extends Bowdens
Vancouver — A newly completed 16 hole reverse circulation drill program by Silver Standard Resources (SSO-V) has expanded the outline of silver mineralization at its wholly-owned Bowdens property in …
Canadian Stock Exchange Indices (December 25, 2000)
DateDec. 19Dec. 18Dec. 15Dec. 14Dec. 13HighLowTSE 3008886.179008.639020.049069.389098.12…
Producer and Dealer Prices (December 25, 2000)
Antimony: Mid-mkt US$1,350/t.Bismuth: Mid-mkt US$4.00/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.70-15.50/lb.Copper: Comex March US$0.8695/lb.Indium: …