Undermining gold
After investigating the sale of a substantial portion of the United Kingdom’s gold reserves, Britain’s National Audit Office (NAO) has concluded that the auction method used was more suitable than the…
2001
MOST ACTIVE ISSUES, JAN. 10-16
ExchgVol(000s)HighLowCloseChangeWilliam ResT 30250 0.05 0.04 0.04 + 0.00…
Aurora drills nickel sulphide targets in Quebec
Vancouver — Encouraging results from last year’s drilling on the Midrim and Foy properties have prompted junior Aurora Platinum (ARP-V) to intensify its hunt for nickel sulphides in Ontario and Quebe…
Northern Miner Indices (January 22, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7ComincoCLT-T4.5FalconbridgeFL-T6.3Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.0Homestake MiningHM-N3….
Rubicon still hopeful at Lewis Lake
Vancouver — Despite disappointing results from a 13-hole drilling phase, Rubicon Minerals (RMX-T) intends to persevere at its Lewis Lake base metal property in north-central NewfoundlandThe 2,534-met…
Gold Funds (January 22, 2001)
Gold Funds as of January 11, 2001Dundee Precious MetalsCentral FundNet Value$11.03$5.17Price$6.50$4.825…
Logistical whiz kid
I had the privilege of working with Talis Kalnins on several mineral exploration projects throughout British Columbia, the Yukon and the Northwest Territories, prior to his long career with the B.C. M…
Analysts select 10 juniors
Times have been tough for the mining sector these past three years. Liquidity remains a critical problem, with speculative investors nibbling selectively at drill hole stories but, for the most part, …
Kabila likely assassinated in Kinshasa
Reports out of Africa say Laurent Kabila, populist leader of the Democratic Republic of Congo (DRC), was assassinated by his own bodyguards during an attempted coup at his palace home in the capital c…
The Northern Miner — Small Producers Index (January 22, 2001)
46.77 (+2.87)(Sept. 30/98 = 100)…
BHP identifies 22 targets in Lac de Gras area
BHP Diamonds, a division of Australia-based BHP (BHP-N), has identified 22 potential kimberlite targets on the DHK and WI joint-venture claim blocks in the Lac de Gras area of the Northwest Territorie…
Don Smith: uranium pioneer
Early one morning in May 1953, on a train south to Algoma from Elliot Lake, Ont., I was abruptly awakened in my lower berth by none other than Harry Buckles, the well-known mining engineer who would p…