AMF options Kipushi to Zincor
Jean-Raymond Boulle’s America Mineral Fields (AMZ-T) has signed an option agreement with Zincor, a subsidiary of South Africa’s Iscor, to redevelop the dormant, high-grade Kipushi zinc-copper mine in …
News
Rio Algom profits grow
On the back of higher copper prices and sales volumes, Rio Algom (ROM-T) earned $16 million (or 15 per share) on revenue of $564 million in the three months ended June 30, compared with $4 million (2…
Dow charges, leaves gold behind
The Dow Jones industrial average climbed 369.94 points, or 3.5%, during the report period Aug. 2-8 to close at 10,976.89 on reeports that inflation remains in check.Spot gold on the Comex division of …
Africa’s vast potential stressed at Geita opening
The time has come for Africa’s gold-producing nations to band together in order to compete effectively in the global economy, according to Bobby Godsell, chief executive officer of AngloGold (AU-N).”M…
The Northern Miner — North American Mining Index (August 14, 2000)
68.94 (-0.12)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (August 14, 2000)
47.39 (-0.36)(Sept. 30/98 = 100)…
Output of zinc, refined lead up
In May 2000, Canada’s production of refined lead, zinc, primary copper and potash increased over May 1999. However, a decrease was reported in the production of gold, silver, refined copper, nickel, p…
PolyMet sets record straight
The article on PolyMet Mining in your July 24-30 issue contains an error regarding the private placements of North Ltd.The article states that “the first tranche of the private placement consists of $…
CDNX shows life signs despite summer doldrums
Canada’s junior exchange closed the holiday-shortened period ended Aug. 8 on an upswing with all indices posting gains. The CDNX composite index closed at 3346.81, up 50.71 points, or 1.5%, and the mi…
The little trains that can
Different people sometimes see the same thing differently.Consider the coal trains in British Columbia that trundle south from Elk Valley, in the southeast, to Roberts Bank, near Vancouver. When the “…
Reid letter gets kudos
Congratulations are due to Robert (Ned) Reid for his response letter (T.N.M., July 31-Aug. 6/00). Congratulations are also due to The Northern Miner for printing it.I have known Mr. Reid personally fo…
MOST ACTIVE ISSUES, August 2-8
ExchgVol(000s)HighLowCloseChangeAlcoa*N 10242 34.88 30.69 34.62 + 3…