Northern Miner Indices (June 05, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick Gold…
2000
The right to know
The mining industry, while perhaps not the most important sector of the economy, generates more than US$500 billion in total economic benefits each year and helps to sustain nearly 5 million jobs in t…
Nickel slips as Inco averts workers’ strike
Unable to catch a break these days, gold ended the May 24-30 report period at its lowest level in eight months. However, the yellow metal regained some strength overnight, being fixed at US$272.25 per…
SouthernEra de-waters Messina
Having obtained a mining permit, SouthernEra Resources (SUF-T) is de-watering the Messina platinum group elements (PGM) mine in northern South Africa.Messina Platinum, a South African-listed company i…
NAP
Rio Algom (ROM-T) has launched a 2,000-metre drill program on the South Findlay base metal property, near Kimberley in southeastern British Columbia.Considered prospective for sedimentary exhalative d…
Gold Funds (June 05, 2000)
Gold Funds as of May 25, 2000Dynamic MutualCentral FundNet Value$12.47$5.54Price$7.40…
Goldcorp profits down in quarter
Though less profitable than a year ago, Goldcorp (G-T) ended the first quarter in the black.Net earnings for the three months ended March 31 topped US$12,000 on revenue of US$10.4 million, compared wi…
The trend toward e-commerce
Fourteen major mining companies, including four based in Canada, have announced their intention to form an on-line global acquisition system to meet the needs of mining business. The move is expected …
PEOPLE (June 05, 2000)
Dynamix — John Squarek appointed president, director and CEO.Rubicon — Christopher Bradbrook appointed director.Scintrex — Roland Horst appointed president and CEO.Teck…
The Northern Miner — North American Mining Index (June 05, 2000)
79.96 (-4.06)(Sept. 30/98 = 100)…
Iamgold launches drill program in Ecuador
A 6,000-metre drill program by Iamgold (IMG-T) could revive a historic mining camp in southern Ecuador that was once worked by the gold-worshipping Incas.The underground and surface drill program is f…
MOST ACTIVE ISSUES, May 24-30
ExchgVol(000s)HighLowCloseChangeWilliam ResT 11130 0.14 0.09 0.14 +0.01…