Spot Prices Wed. November 28, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$274.60+$1.45Silver$ 4.09+$0.02Platinum$438.00…
2001
Gold Funds (December 03, 2001)
Gold Funds as of November 22, 2001Dundee Precious MetalsCentral FundNet Value$12.97$5.28Price$8.94$4.95…
Staff Investment Policy (December 03, 2001)
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…
Rio Narcea sees red in third quarter
Lower grades from a transition zone at the Boinas East pit in Spain hampered gold production for Rio Narcea Gold Mines (RNG-T) and forced the company to post a loss for the third quarter.The US$850,70…
The Northern Miner — Small Producers Index (December 03, 2001)
45.18 (+0.44)(Sept. 30/98 = 100)…
Northern Miner Indices (December 03, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Trading Summary (November 30, 2001)
The Toronto Stock Exchange added 25.21 points to end at 7,425.7 points on Friday. At the end of trading six of the…
Noranda reduces copper production
Feeling the pinch of weak copper prices, Noranda (NRD-T) plans to suspend production at the Gaspe smelter in May. T…
Hucamp finds irregularities
An internal investigation by Hucamp Mines (YHU-V) has turned up some serious irregularities in the company’s cash a…
Asarco tables copper cuts
Vancouver — Joining the ranks of other major producers, Phoenix-based Asarco, a subsidiary of Grupo Mexico S.A. de…
SouthernEra eyes losses as mines develop
With $2.7 million in exploration cost write-offs, SouthernEra Resources (SUF-T) posted a loss of $1.2 million for t…
Gold Fields inks deal with Radius (November 30, 2001)
Vancouver — Holding a 12% equity stake in Radius Explorations (RDU-V), South African-based Gold Fields (GOLD-Q) ha…