Producer and Dealer Prices (June 12, 2000)
Antimony: Mid-mkt US$1,120/t.Bismuth: Mid-mkt US$3.65/lb.Cadmium: Mid-mkt US$0.19/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$15.65-17.00/lb.Copper: Comex July US$0.8045/lb.Indium: I…
2000
Miner announces new column
The Northern Miner is testing a new feature called “Prospector’s Corner,” which is intended to be a fun exchange of new ideas from geologists and prospectors.We are calling for articles about new uses…
Imperial remains mired in red
Operational improvements slightly offset weak returns on gold and copper yet failed to pull Imperial Metals (IPM-T) out of the red during the first quarter.The loss amounted to $238,000 (or nil per sh…
Remembering two BC pioneers
When I think of exploring for minerals in this country, I am always reminded of two people whom I deeply respected and admired: Bill Kuhn and Joe Feeney.Kuhn was a venturesome, reconnaissance-type pro…
Gold benefits from stumbling US dollar
Gold prices saw major gains over the May 31-June 6 report period as the U.S. dollar finally showed some weakness, especially against the Euro.Beginning on June 2, gold bugs enjoyed a three-day short-c…
Miners rally on economic news
Weaker-than-expected U.S. employment news sent the price of gold up, while the Dow Jones industrial average climbed 208.44 points, or 1.9%, to 10,735.57, during the report period ended June 6.Continue…
CDNX recovers lost ground
Canada’s junior exchange continued to recover lost ground as all indexes posted gains. The Canadian Venture Exchange tacked on 181.67 points, or 5.6%, over the week ended June 6, to close at 3,410.59….
Northern Miner Indices (June 12, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.0ComincoCLT-T3.9FalconbridgeFL-T8.2Franco-Nevada MiningFN-T5.2Freeport McMoR…
Rosebud to blossom no more
In August, after nearly four years of operation and 375,000 oz. of gold production, partners Hecla Mining (HL-N) and Newmont Mining (NEM-N) will close the Rosebud mine in northern Nevada.When the mine…
Metal Prices (June 12, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJune 6June 5June 2June 1…
Gregg River to close
Luscar has announced that the Gregg River coal mine, near Hinton, Alta., will close by September.Low coal prices, high production costs and, more recently, unfavourable geological conditions are respo…
Dayton enters Nevada scene with Denton-Rawhide purchase
As a latecomer to the Great Basin, Dayton Mining (DAY-X) missed the heady days of exploration in Nevada. However, with its newly acquired 49% interest in the Denton-Rawhide gold-silver mine, the compa…