The Northern Miner — North American Mining Index (November 13, 2000)
68.65 (+1.42)(Sept. 30/98 = 100)…
2000
Pacific Rim drops Luicho
Following the completion of 42 drill holes and with a November payment of US$400,000 looming, Pacific Rim Mining (PFG-T) has nixed its option to buy the high-profile Luicho gold project in southern Pe…
Cambior gains extension
Financially beleaguered Cambior (CBJ-T) has been granted another one-month extension to submit an arrangement to repay or refinance the balance of its bank loan by the end of 2000. The company now has…
Silver catalysts improve products
Silver catalysts are used to eliminate unwanted chemical reactions and their byproducts in industrial processes, such as plastic-making. However, after long periods of use, these catalysts become inef…
Northern Miner Indices (November 06, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6…
Canadian Stock Exchange Indices (November 06, 2000)
DateOct. 31Oct. 30Oct. 27Oct. 26Oct. 25HighLowTSE 3009639.579253.
Inmet turns profit in quarter
Earnings at Inmet Mining (IMN-T) were steady in the third quarter despite changes in accounting procedures that kept profits from the Ok Tedi mine in Papua New Guinea off the books. The company earned…
Dow leaves miners behind
Denver — The Dow Jones industrial average bounded up 578.07 points, or 5.6%, during the report period ended Oct. 31, erasing losses from two weeks ago, though mining issues were mixed.Spot gold on th…
Jittery western market loses ground
Vancouver — Canada’s junior exchange posted losses on all fronts during the report period ended Oct. 31. The Canadian Venture Exchange composite index dropped 66.57 points, or 2%, to finish the week …
Grade problems hamper Harmony’s performance
During a period when South Africa’s mining industry consolidated to a handful of companies from 37 producers, Harmony Gold Mining (HGMCY-Q) grew into a multi-million-ounce producer by expanding beyond…
Eight new members inducted into National Hall of Fame in US
Eight new members have been inducted into the National (U.S.) Mining Hall of Fame in Leadville, Colo.The ceremony was held at the Las Vegas Hilton and hosted by Dr. Thomas Falkie, chairman of Philadel…
Exchange Rates (November 06, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 31Oct. 30Oct. 27Oct. 26Oct. 25…