Staff Investment Policy (October 09, 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…
News
Gold prices remain stuck in low gear
Delegates attending a Toronto gold seminar organized by Gold Fields Mineral Services (GFMS) were told that prices are not likely to break the US$300-per-oz. barrier during the remainder of this year.P…
Toronto market catches breath
Settling down after its gyrations in recent weeks, the Toronto Stock Exchange closed a little lower during the report period Sept. 27 to Oct. 3. The TSE 300 composite index fell only 22.24 points over…
CDNX starts fourth quarter on downtrend
Canada’s junior exchange posted mixed results as the mining and oil and gas indices ended the week in positive territory, while the tech index slipped into the red. The Canadian Venture Exchange compo…
The Northern Miner — North American Mining Index (October 09, 2000)
68.37 (+1.39)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (October 09, 2000)
46.44 (-0.54)(Sept. 30/98 = 100)…
Apex improves recoveries
Apex Silver Mines (SIL-X) intends to increase metal recoveries at its San Cristobal silver-zinc project in south-central Bolivia by adding a fourth cleaner column cell to the processing plant.Silver r…
Silver wires kill prostate tumours
More than 38,000 cancer patients will be treated this year using silver-bearing prostate seed implants, according to Princeton, N.J.-based Nycomed Amersham Imaging, which makes a brand of the cancer-f…
Spot Prices Wed. October 4, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$271.30-$3.45Silver$ 4.89-$0.01…
Gold Funds (October 09, 2000)
Gold Funds as of September 28, 2000Dynamic MutualCentral FundNet Value$12.66$5.53Price…
De Beers recovers diamonds from Nunavut pipe
The newly discovered Knife kimberlite pipe, at Rhonda Mining’s (RDM-V) Epworth property, 75 km south of Coronation Gulf in Nunavut, has been confirmed as diamondiferous.A 75-kg sample, representing a …
Dayton and Glamis close high-cost gold operations
The low gold price has claimed two more victims: Dayton Mining (DAY-T) is shutting down the Andacollo mine in central Chile, while Reno-based Glamis Gold (GLG-N) follows suit at its Dee mine in northe…