A commitment to Yukon mining
The Yukon remains a small and specialized economy dependent on mining. Although there has been an increase in the size of government and increased economic diversification, mining remains the most imp…
News
The Northern Miner — North American Mining Index (August 07, 2000)
69.06 (+2.83)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (August 07, 2000)
47.75 (-0.82)(Sept. 30/98 = 100)…
Falco workers walk off job in Sudbury
More than 1,200 workers at the Falconbridge nickel plant in Sudbury, Ont., went on strike after their contract expired on Aug.1.Negotiations for a new contract between Falconbridge and Canadian Auto W…
Copper prices gain more momentum
Copper again set the tone for much of the trading during the report period July 24-28 and looks set to sustain its position of dominance. The stronger copper price seemed only to affect zinc, which br…
Exchange Rates (August 07, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug. 1July 31July 28July 27July 26…
Metal Prices (August 07, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAug. 1July 31July 28July 27…
Potash Corp earnings steady
Thanks to stronger demand for potash and higher nitrogen prices, Potash Corp. of Saskatchewan (POT-T) turned a tidy profit in the second quarter.Net earnings in the three months ended June 30 topped U…
Hope Bay raises $2 million
Hope Bay Gold (HGC-T) has raised $2 million through the private placement of 4.9 million units priced at 41 each. A unit consists of one share and one warrant, with a warrant entitling the holder to …
NDT picks up ground in Peru
NDT Ventures (NDE-V) is preparing to begin a work program at its newly acquired Antana gold project, 80 km from the city of Juliaca in southern Peru’s Puno department.The program will test gold minera…
Silver-resistant bacteria
Although we think of silver as a bacteria fighter, a group of scientists in Sweden has found a bacterium that actually grows silver crystals and stores them on the edges of its cell wall.This discover…
Funds earmarked for BC labs
The Canadian Foundation for Innovation (CFI), an independent, non-profit organization, has pledged $1.25 million to create five research labs at the Department of Mining and Mineral Process Engineerin…