LME WHSE LEVELS (February 12, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 6/01 (change from Jan. 30 in brackets):MetalStock (tonnes)ChangeAluminium426450(…
News
Seahawk raises funds for Piteiras
Seahawk Minerals (SKM-V) has raised another $1 million for work at its 75%-owned Piteiras emerald prospect in Brazil’s Minas Gerais state.The Denver-based junior privately placed 1.4 million special w…
Iamgold posts more quarterly profits
Vancouver — Markham, Ont.-based Iamgold (IMG-T) continues to post profits, thanks to record production during the third quarter.The company holds a 38% stake in the Sadiola gold mine through Mali-bas…
***** New Story***** Producer and Dealer Prices
Antimony: Mid-mkt US$1,300/t.Bismuth: Mid-mkt US$3.95/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.45-14.30/lb.Copper: Comex March US$0.8305/lb.Indium: …
Gold detects foreign substances
Scientists at the Department of Energy’s Sandia National Laboratories in Albuquerque, N.M., have developed a “laboratory on a chip” that allows for quick detection and testing of small amounts of unkn…
Zinc sluggish as slowdown starts
After several weeks of supply-dominated news, base metals markets paused for breath during the period Jan. 29-Feb. 2. Meanwhile, the latest economic data refused to shed much light on the depth and ex…
Spot Prices Wed. February 7, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$262.90-$3.30Silver$4.63-$0.16Platinum$606.00+$1.00…
Dinner will honour Cross
After 52 years and 13,388 issues, the George Cross Newsletter and its editor, George Cross, Jr., have decided to call it a day.The final issue of the west-coast mining chronicle was published at the e…
Staff Investment Policy (February 12, 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…
The Northern Miner — Small Producers Index (February 12, 2001)
48.26 (-0.62)(Sept. 30/98 = 100)…
The Northern Miner — North American Mining Index (February 12, 2001)
69.29 (-0.41)(Sept. 30/98 = 100)…
Roman’s empire not built in a day
Unlike fellow financier Joe Hirshhorn (1899-1981), Stephen Roman (1921-1988) was a builder, albeit a slow one.The portly gentleman immigrated to Canada in 1937 after attending agricultural college in …