Producer and Dealer Prices (January 28, 2002)
Antimony: Mid-mkt US$1,080/t.Bismuth: Mid-mkt US$3.25/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$6.95-8.00/lb.Copper: Comex Mar. US$0.7025/lb.Indium: Ind…
Articles by Northern Miner Staff
LME Warehouse Levels (January 28, 2002)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 22 (change from Jan. 15 in brackets):MetalStock (tonnes)ChangeAluminium838375(+3…
Franco, Normandy rise to the occasion, again
The biggest news over the Jan. 16-22 report period was the withdrawal of South African AngloGold from a battle with U.S. miner Newmont Mining for control of Normandy Mining.The 3-month-old w…
Placer Dome awarded for AIDS project
Placer Dome has won a Development Marketplace Innovation award from the World Bank for a project aimed at helping mineworkers and their families cope with AIDS in southern Africa.The award was present…
Demand for salt rises
World salt consumption increased to an estimated 190-205 million tonnes in 2000 in response to higher demand in southeast Asia and other developing regions, according to London-based Roskill Informati…
Lego helps build tomorrow’s mining machines
High-schoolers in Australia thought of everything from a toll-free number (1-800-SCOOP-ME) to standard operator creature comforts as they competed for top honours in a recent equipment design contest …
San Nicolas production decision hinges on zinc
At long last, Teck Cominco (TEK-T) has tabled a bankable feasibility study for the San Nicolas copper-zinc deposit in the central Mexican state of Zacatecas.However, since zinc will be the primary met…
NAME CHANGES (January 28, 2002)
Lom River Gold (LRG-V) has changed its name to Catalina Energy (CA-V) on a 1-new-for-1-old-share basis.Dejour Mines (DEJ-V) has changed its name to Dejour Enterprises (DJR…
Investment Commentary — Best bets for 2002, Part 2
The Northern Miner asked five market watchers of the junior mining and exploration sector to offer recommendations and opinions for the year ahead. In the previous issue, we heard from John Kaiser of …
Spot Prices Wed. January 23, 2002
Precious MetalsPrice (US$/oz.)ChangeGold$281.60-$6.35Silver$ 4.30-$0.37Platinum$475.00-$…
Newmont triumphs over AngloGold
South African producer AngloGold (AU-N) has failed to sway enough shareholders to remain in the battle for Normandy Mining (NDY-T), giving Newmont Mining (NEM-N) a clear path to victory.The…
Gold stages comeback
The price of gold has staged a strong comeback in this still-young year, rising from a brief dip under the US$130-per-oz. mark in mid-January to an afternoon fix of US$139.15 per oz. early in the mont…