Hedging lifts Aur’s bottom line
Steady production and beneficial hedging allowed Aur Resouces (AUR-T) to pocket a tidy US$8-million profit during the second quarter.Aur’s share of combined second-quarter production from the Quebrada…
Articles by Northern Miner Staff
‘Rural cleansing’ gets media attention
When the Wall Street Journal lines up hammer and nail to drive home a point, a hard bang or two usually follows. Earlier this summer, the prestigious newspaper hit the nail on the head when it reporte…
Francisco expands Guatemalan find (August 13, 2001)
Francisco Gold (FGX-V) has received encouraging results from the final nine holes of a third round of drilling at its wholly owned Marlin project in western Guatemala. The near-surface, oxidized zone …
Denison — then and now
Second-quarter financials issued by Denison Mines (DEN-T) paint a picture of a small but generally healthy company making it work in tough times.Denison lost $978,000 in the second quarter on revenue …
Atna advances Chilean copper oxide project
The results of a 22-hole, 2,480-metre program of reverse-circulation drilling have confirmed previous oxide resource estimates of the Barreal Seco copper project in north-central Chile.Atna Resources …
Staff Investment Policy (August 13, 2001)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
Exchange Rates (August 13, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAug.7Aug. 6Aug. 3Aug. 2Aug. 1US$ in C$1.5340Holiday1.53481.5412…
MOST ACTIVE ISSUES, AUGUST 1-7
ExchgVol(000s)HighLowCloseChangeFreeport McB*N1511811.3710.6810.98+0.22…
River turns to shareholders
Hard-pressed for cash, River Gold Mines (RIV-T) is attempting to raise $5.4 million by issuing just over 31 million rights to its shareholders.Proceeds are earmarked for debt reduction, working capita…
Metal Prices (August 13, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateAug.7Aug. 6Aug. 3Aug. 2Aug. 1Aluminium1356/1386…
LME WHSE LEVELS (August 13, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 7/01 (change from July 31 in brackets):MetalStock (tonnes)ChangeAluminium665175(…
GREATEST VALUE TRADED, AUGUST 1-7
ExchgVal($000s)HighLowCloseChangeAlcoa*N49050939.3036.5137.00-2.23…