LME Warehouse Levels (September 24, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Sept. 18/01 (change from Sept. 11 in brackets):MetalStock (tonnes)ChangeAluminium705075…
Articles by Northern Miner Staff
Gold Funds (September 24, 2001)
Gold Funds as of September 13, 2001Dundee Precious MetalsCentral FundNet Value$13.51$5.38Pr…
CDNX slides in wake of terrorist attacks
Vancouver — Canada’s junior exchange continued its downward slump over the week ended Sept. 18. The Canadian Venture Exchange composite index plunged 101.34 points, or 3.45%, to finish the week at 2,…
Producer and Dealer Prices (September 24, 2001)
Antimony: Mid-mkt US$1,100/t.Bismuth: Mid-mkt US$3.70/lb.Cadmium: Mid-mkt US$0.28/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.50-10.50/lb.Copper: Comex Dec US$0.657/lb.Indium: Indi…
Staff Investment Policy (September 24, 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…
Anaconda Nickel sees bigger loss (September 24, 2001)
Vancouver — Australian-based Anaconda Nickel continues to suffer financial woes, having posted a A$76-million loss for the second half of 2000.The loss is considerably greater than the A$6.7 million …
Canadian geologist pips De Beers at the post
The dream of most geologists is to make a major discovery that will be recorded in the history books, or, at the very least, on the front pages of this newspaper. Charles Fipke realized his dream a de…
Global Diamond struggles with bank debt
Denver — Global Diamond Resources (GDRS-O) has called upon its major shareholders to save it from financial ruin.The Standard Bank of South Africa was granted rights to liquidate the company’s operat…
Partners boost grade
Preliminary production off the coast of Namibia is turning up higher grades for partners Diamond Fields International (DFI-T) and Trans Hex Group of South Africa.The partners report that recent survey…
Broad market slumps again
Although trading resumed on Sept. 13, the Toronto Stock Exchange was unable to weather the storm caused two days prior by the terrorist attacks in the eastern U.S. Consequently, the 300 index sank 204…
Tritton takes another blow (September 24, 2001)
Teck Cominco (TEK-T) has decided not to continue work at Nord Pacific’s (NPF-T) Tritton copper project in New South Wales, Australia.Nord Pacific and Cominco had been investigating the feasibility of …
Dow plunges in wake of tragedy
Denver — Nearly a week after the terrorist attacks on New York City and Washington D.C., trading resumed in a strongly negative fashion. The Dow Jones industrial average plunged 702.11 points, or 7.3…