Gold Funds (October 01, 2001)
Gold Funds as of September 20, 2001Dundee Precious MetalsCentral FundNet Value$14.01$5.68Price$11.00$5.50…
Articles by Northern Miner Staff
Benchmark sinks deeper but gold remains buoyant
Market pessimism is quickly changing from bad to worse, with sellers once again outpacing buyers on both sides of the border. The Toronto Stock Exchange 300 index lost 142.49 points over the Sept. 19-…
MOST ACTIVE ISSUES, SEPT. 19-25
ExchgVol(000s)HighLowCloseChangeAlcoa*N2747130.6327.3630.04-0.16…
Northern Miner Indices (October 01, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
LME Warehouse Levels (October 01, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 25/01 (change from Sept. 18 in brackets):MetalStock (tonnes)ChangeAluminium708025…
Metal Prices (October 01, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateSept. 25Sept. 24Sept. 21Sept. 20Sept. 19…
Annax advances Dairi zinc-lead project
Vancouver — Having drilled 58 holes at the Dairi project in North Sumatra, Indonesia, International Annax Ventures (IAX-V) is proceding with a scoping study of the Anjing Hitam deposit.The current dr…
Goldcorp extends Red Lake mineralization
Hot on the heals of its latest reserve update, Goldcorp (G-T) has announced the discovery of new mineralization at the Red Lake gold mine in northwestern Ontario.Reserves were recently upped by 25% to…
Pasminco appoints administrator
Troubled Australian zinc producer Pasminco has appointed an administrator to take over the company’s affairs after a standstill agreement with the company’s creditors broke down in September.Pasminco,…
Robert’s Arm extended to partners
A second phase of drilling in the Buchans-Robert’s Arm volcanic belt of central Newfoundland has come back dry for Altius Minerals (ALS-V) and Inmet Mining (IMN-T).The partners sank one new hole and e…
Third kimberlite found at Rockinghorse
Kennecott Canada Exploration has made another kimberlite discovery on Tahera’s (TAH-T) Rockinghorse property in Nunavut. It is the third such discovery since the current exploration campaign began.The…
AK claims yield more diamonds (October 01, 2001)
A total of 1,665 carats of diamonds have been recovered from sample concentrates from the Hearne and 5034 kimberlite pipes on the AK claims in the Northwest Territories.Drilling by De Beers Canada, a …