The Northern Miner — North American Mining Index (February 19, 2001)
68.34 (-0.95)(Sept. 30/98 = 100)…
News
Metal Prices (February 19, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateFeb. 13Feb. 12Feb. 9Feb. 8Feb. 7Aluminium1607/1585.
Morila
An option from De Beers Consolidated Mines (DBRSY-Q) is enabling Vaaldiam Resources (VRL-V) to widen its search for South African diamond deposits.The Toronto-based junior already holds options on fou…
Navigator, Canabrava cut kimberlite at Kat
The first hole of the 2001 winter drilling program on the Kat project in the Attawapiskat region of northern Ontario has intersected kimberlite.The Kat project forms part of the Severn joint venture, …
Liquidation takes toll on prices
Large-scale fund long liquidation ravaged base metals markets late on Friday, Feb. 9 and continued into the following Monday, erasing almost all this year’s gains in copper, nickel and zinc prices. Al…
Staff Investment Policy (February 19, 2001)
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…
CDNX continues upswing (February 12, 2001)
Vancouver — Canada’s junior exchange continued its bull run, posting modest gains on all indicies during the report period ended Feb. 6. The Canadian Venture Exchange composite index added 49.66 poin…
St Andrew adopts new financing approach
Having parted ways with Bay Resources (BYRE-O), St Andrew Goldfields (SAS-T) is restructuring its proposed financings for the Taylor gold project, near Timmins, Ont.Taylor hosts indicated and inferred…
Yukon at disadvantage
As a strong advocate of the resource industry, I think potential investors should be fully aware of the lopsided playing field that exists here in the Yukon.The present status of mining development he…
Dale Hoffman
Dale Hoffman, president and chief executive officer of Vancouver-based JNR Resources, United Carina and Pine Channel Gold, has died. He was 60.Hoffman was born in December 1940 in North Battleford, Sa…
Virginia, Billiton cut PGMs at Gayot
Junior Virginia Gold Mines (VIA-T) and its partner, Billiton, have drilled wide intersections of nickel, platinum and palladium mineralization at their Gayot project in Quebec’s Caniapiscau Reservoir …
Record palladium prices propel Stillwater Snap Lake
Denver — Stillwater Mining (SWC-X) posted record earnings for the fourth quarter on the strength of buoyant prices of platinum and palladium.The company earned US$23.5 million (or 60 per share) in t…