Producer and Dealer Prices (December 11, 2000)
Antimony: Mid-mkt US$1,450/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.25-15.00/lb.Copper: Comex March US$0.869/lb.
2000
CDNX continues to lose ground
Canada’s junior exchange continued its downward spiral during the report period ended Dec. 5, with the tech index leading the way. The Canadian Venture Exchange composite index dropped 74.42 points, o…
Imperial hits sulphides near Revelstoke
Vancouver — Imperial Metals (IMP-T) has intersected massive sulphides in four of seven holes drilled at the Spire property, near Revelstoke, B.C. The target is described as having encouraging copper …
LME Warehouse Levels (December 04, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 28/00 (change from Nov. 21 in brackets):MetalStock(tonnes)ChangeAluminium323900(…
Staff Investment Policy (December 04, 2000)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
Exchange Rates (December 04, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 28Nov. 27Nov. 24Nov. 23Nov. 22US$ in C$1.53691.53461.53921.5…
Repadre drops out of JV
Repadre Capital (RPD-T) has bowed out of the Night Hawk Lake joint venture, near Timmins, Ont.Subject to final approval, Repadre will sell its 60% interest to partners Cross Lake Minerals (CRN-T), Eas…
Billiton wins La Granja lottery
Denver — After week’s delay caused by the resignation of Peruvian President Alberto Fujimori, London-based Billiton has won its bid for a 5% royalty interest in the giant La Granja copper property.Bi…
Aljustrel granted incentives
Vancouver — A US$32-million incentive package from the Portuguese government has enhanced the prospect of resuming operations at EuroZinc Mining’s (EXM-V) Aljustrel zinc-copper-lead project.The incen…
Rio sidelines De Beers in Ashton bid
London-based Rio Tinto (RTP-N) has received acceptances for 94.7% of the shares of Australia-listed Ashton Mining.The British major has further extended its offer to Dec. 13 to allow the remaining sha…
Northern Miner Indices (December 04, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6ComincoCLT-T4.0FalconbridgeFL-T6.9Franco-Nevada MiningFN-T5.3Freeport McMoRan Cop’r BFCX-N4.6Homestake MiningHM-N4….
Kimberlites found at Ekati
Drilling this past summer at the Ekati mine property in the Northwest Territories resulted in the discovery of 11 additional kimberlite pipes, raising the number of confirmed kimberlites to 136.Nine o…