Odds ‘n’ Sods: Buckles Crescent
In the mid-1950s, during the Elliot Lake city planning sessions, a committee was formed and chaired by Franc Joubin (1911-1997). I was stationed at Joubin’s Technical Mine Consultants headquarters in …
News
LME Warehouse Levels (January 15, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 9/01 (change from Jan. 2 in brackets):MetalStock(tonnes)ChangeAluminium329525(+3…
Mustang finances PGM exploration
Toronto-based Mustang Minerals (YMU-V) recently topped up its treasury with a $1.1-million special warrant financing sold through Jennings Capital. Proceeds will be used to explore for platinum group …
Diamond exploration heats up in Manitoba
An area of northeastern Manitoba, between Lake Winnipeg and Hudson Bay, has been quietly garnering the attention of the major diamond explorers, including De Beers Consolidated Mines (DBRSY-Q), BHP (B…
Northern Miner Indices (January 15, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7ComincoCLT-T4.5FalconbridgeFL-T6.3Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.0Homestake MiningHM-N3….
Exchange Rates (January 15, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 9Jan. 8Jan. 5Jan. 4Jan. 3US$ in C$1.49741.49481.49781.4983…
Hornby Exploration expands exploration portfolio
An agreement with an industrial company paves the way for Hornby Bay Exploration (YHB-V) to acquire 8,000 ha of base metal and gold properties across Canada.In exchange for cash, shares and warrants, …
Producer and Dealer Prices (January 15, 2001)
Antimony: Mid-mkt US$1,300/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$12.65-14.50/lb.Copper: Comex March US$0.825/lb.Indium: I…
Canadian Stock Exchange Indices (January 15, 2001)
DateJan. 9Jan. 8Jan. 5Jan. 4Jan. 3HighLowTSE 3008572.038671.668690.238905.658937.7811401.978304.74Mines & Minerals3799.0238…
Geomaque drills Marathon project
Geomaque Explorations (GEO-T) is gearing up to drill the Marathon palladium deposit in northern Ontario.The 3,000-metre program will expand on drilling by previous owners. Based on that earlier work, …
Camafuca study recommends mining
The partners in the Camafuca diamond project in Angola have accepted a feasibility study that says initial mining of part of the weathered kimberlite resource can be profitable.The study, provided by …
Barrick nixes option
Management of Rio Narcea Gold Mines (RNG-T) may consider alternative arrangements with Barrick Gold (ABX-T) following the collapse of a 1999 joint-venture agreement between the two companies.The senio…