News

Different people sometimes see the same thing differently.Consider the coal trains in British Columbia that trundle south from Elk Valley, in the southeast, to Roberts Bank, near Vancouver. When the “…

Congratulations are due to Robert (Ned) Reid for his response letter (T.N.M., July 31-Aug. 6/00). Congratulations are also due to The Northern Miner for printing it.I have known Mr. Reid personally fo…

ExchgVol(000s)HighLowCloseChangeAlcoa*N 10242 34.88 30.69 34.62 + 3…

ExchgVal($000s)HighLowCloseChangeAlcoa*N 354657 34.88 30.69 34.62 +…

Mauritania has secured a US$16.5-million loan from the World Bank for its Projet de renforcement institutionnel du secteur minire (PRISM), which is aimed at attracting investors by mapping the countr…

Precious MetalsPrice (US$/oz.)ChangeGold$272.30-$4.85Silver$ 4.87-$0.09…

Gold Funds as of August 3, 2000Dynamic MutualCentral FundNet Value$12.70$5.48Price$7.

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T22.7ComincoCLT-T3.8FalconbridgeFL-T7.0Franco-Nevada MiningFN-T5.8Freeport McMoR…

CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 8Aug. 7Aug. 4Aug. 3Aug. 2…

Ivanhoe Capital’s privately held affiliate, African Minerals, has appointed Hugo Dummett chief executive officer and co-chairman.Dummett was formerly BHP Minerals’ senior vice-president and played a l…

Toronto-based Goldcorp stepped into the spotlight during the August 2-8 report period as the company celebrated the pouring of its first gold bar from the High Grade zone at its Red Lake mine in north…

BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAug. 8Aug. 7Aug. 4Aug. 3…