Producer and Dealer Prices (December 24, 2001)
Antimony: Mid-mkt US$1,130/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$6.50-7.60/lb.Copper: Comex Mar. US$0.69/lb.Indium: Indiu…
Articles by Northern Miner Staff
Stillwater revises facility
Vancouver — Armed with a revised operating plan, North America’s largest producer of platinum and palladium has renegotiated its US$250-million credit facility.Stillwater Mining (SWC-N), which has al…
Beryllium demand to decline
World demand for beryllium is expected to decline in 2002, according to a report from London-based Roskill Information Services.The Economics of Beryllium (sixth edition) says demand is contracting in…
Trading Summary (December 21, 2001)
The Toronto Stock Exchange ended 73.33 points higher at 7,528.3 on Friday heading into the Christmas holiday. Power…
Rio Tinto drops Mogote option
London-based Rio Tinto (RTP-N) has decided to drop its option to earn up to a 70% interest in IMA Explorations’ (IM…
Red Lake high grade zone now at 2,061 metres
An exploration hole drilled by Goldcorp (G-T) at its mine in Red Lake, Ont., has confirmed one of the mine’s high-g…
Tulawaka funding secured (December 21, 2001)
Minires du Nord (MDN-T) has secured a US$4-million loan facility arranged by RMB Resources, a South African-based…
Agua de la Piedra drilling fails to impress
A recent series of twelve reverse circulation holes (totalling 2,196 metres) by Partners Aur Resources (AUR-T) and…
Maude Lake’s drills idle for holidays
Results are in from the three latest holes by Maude Lake Exploration (MAU-V) on the Colline de l’ouest zone on the…
Trading Summary (December 20, 2001)
After surrendering most of its recent gains on Wednesday, the Gold & Precious Minerals subindex shot up 109.28 poin…
Inmet inks $101-million deal with Outokumpu
Inmet Mining (IMN-T) has inked a deal to buy Finnish miner Outokumpu’s Pyhasalmi copper-zinc mine in central Finlan…
Northgate raises $140 million
Vancouver — Northgate Exploration (NGX-T) has raised $140 million through equity financing and recapitalization i…