Tan Range encouraged at Luhala gold project
The success of Barrick Gold’s (ABX-T) Bulyanhulu mine has been a shot in the arm for junior companies exploring properties in Tanzania’s Lake Victoria district. The senior producer recently exercised …
2001
Analyst sees best buys at bottom of food chain
Gold analysts have watched the yellow metal’s sluggish performance for several years now, with some keeping the faith better than others. John Ing of Maison Placements Canada still ranks among the mos…
The Northern Miner North American Mining Index (July 16, 2001)
68.22 (-0.17)(Sept. 30/98 = 100)…
The Northern Miner Small Producers Index (July 16, 2001)
50.55 (-0.87)(Sept. 30/98 = 100)…
Luderitz Bay sparkles for partners
Partners Diamond Fields International (DFI-T) and Trans Hex Group of South Africa have recovered more than 9,600 diamonds from their Luderitz Bay grant off the coast of Namibia.The stones, which weigh…
MOST ACTIVE ISSUES, JULY 4-10
ExchgVol(000s)HighLowCloseChangeAlcoa*N1149241.8039.2739.50-0.90…
Aurizon reworks Casa Berardi payment (July 16, 2001)
TVX Gold (TVX-T) has agreed to grant Aurizon Mines (ARZ-T) a 2-year extension, to August 2003, for the payment of $4 million related to the acquisition of the Casa Berardi gold property in northwester…
Survey says platinum could reach surplus
The amount of newly refined platinum, palladium and rhodium entering the market is expected to rise sharply this year, owing mostly to expanded production at many South African operations.Meanwhile, t…
GREATEST VALUE TRADED, JULY 4-10
ExchgVal($000s)HighLowCloseChangeAlcoa*N45396641.8039.2739.50-0.90…
Eldorado revises mine forecast
A Brazilian government decree limiting the use of electricity has forced Eldorado Gold (ELD-T) to modify its production forecast at the Sao Bento mine.Situated in Minas Gerais state, the mine is now e…
Northern Miner Indices (July 16, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.8ComincoCLT-T4.9FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N5.0Homestake MiningHM-N6….
Producer and Dealer Prices (July 16, 2001)
Antimony: Mid-mkt US$1,080/t.Bismuth: Mid-mkt US$3.75/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.00-10.50/lb.Copper: Comex Sept. US$0.718/lb.Indium: In…