EVENTS (December 25, 2000)
Jan. 1-31, 2001 33rd Annual Canadian Mineral Processors Conference — Ottawa. Contact R.J. MacDonald. Tel: (613) 996-2283. Fax: (613) 996-9041.Jan. 11-13 Western Inter-University Geological Conference…
News
Tulawaka yields more gold
Drilling on the Tulawaka gold property in northern Tanzania has revealed more high-grade results for partners Barrick Gold (ABX-T) and Minires du Nord (MDN-T).Recent results include 134.7 grams per t…
The Northern Miner — North American Mining Index (December 25, 2000)
77.11 (+1.77)(Sept. 30/98 = 100)…
Trivalence lures Rio Tinto to Aredor project in Guinea
Trivalence Mining (TMI-V) has signed a letter-of-intent agreement with London-based Rio Tinto (RTP-N) granting that company a right to acquire a 58% stake in the Aredor kimberlite project in Guinea.Ri…
LME WHSE LEVELS (December 25, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Dec. 19/00 (change from Dec. 12 in brackets):MetalStock(tonnes)ChangeAluminium298925(…
Zincor to take Kipushi option
America Mineral Fields (AMZ-T) reports that Zinc Corp. of South Africa (Zincor) intends to exercise its option at the dormant Kipushi zinc-copper mine in the Democratic Republic of Congo.Under an agre…
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…
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…