Conquest picks up gold producer
Buying-in when political risk is at its highest is permitting Conquest Resources (YQR-V) to assemble a large land package in Zimbabwe’s Midlands gold field.Conquest, which has already acquired five fo…
Articles by Northern Miner Staff
Leach tests positive for Gammon Lake Resources
Preliminary metallurgical tests on mineralization from the Ocampo gold-silver properties of Gammon Lake Resources (GAM-T) has returned encouraging results.The tests examined composite samples of drill…
America Mineral Fields improves terms
A company held equally by America Mineral Fields (AMZ-T) and Anglo American (AUK-Q) has renegotiated the terms of an agreement to develop and own 60% of the Kolwezi copper-cobalt tailings project in t…
Spot Prices Wed. July 4, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$267.60-$8.40Silver$ 4.27-$0.08Platinum$559.00-$…
CDNX enters summer doldrums
Canada’s junior exchange emerged from the Dominion Day weekend in a sour mood. The Canadian Venture Exchange composite index dropped 32.61 points, or 1%, to finish the week ended July 3 at 3,198.32. T…
LME Warehouse Levels (July 09, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 3/01 (change from June 26 in brackets):MetalStock (tonnes)ChangeAluminium626275(…
GOLD FUNDS (July 09, 2001)
Gold Funds as of June 21, 2001Dundee Precious MetalsCentral FundNet Value$13.63$5.16Price$9.90$5.00…
Producer and Dealer Prices (July 09, 2001)
Antimony: Mid-mkt US$1,110/t.Bismuth: Mid-mkt US$3.75/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$9.40-11.50/lb.Copper: Comex Sept. US$0.714/lb.
PEOPLE (July 09, 2001)
Boliden — Jan Johansson appointed president and CEO.Dia Met — Kowie Strauss appointed chairman; Graham Nicholis, appointed president, CEO and director; Chris Ryder appointed company secretary and CF…
X-Cal, Kinross extend deal Prairie Creek
A newly extended agreement with Kinross Gold (K-T) allows X-Cal Resources (XCL-T) to acquire 100% of the Sleeper gold project in Nevada.X-Cal will pay 500,000 shares to Kinross as consideration for th…
Making money in commodities
We learn from the wire services that the Johns Manville Personal Injury Settlement Trust, a fund set up after the 1982 bankruptcy of that departed asbestos manufacturer, has abandoned a lawsuit agains…
Study shows gold’s importance
Gold production is giving a major boost to the economic development of several Latin American countries, according to a report published by the World Gold Council.Latin American nations produced about…