Spot Prices Wed. June 20, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$272.40+$0.60Silver$ 4.40+$0.01Platinum$580.00+$…
Articles by Northern Miner Staff
Staff Investment Policy (June 25, 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…
Canadian Stock Exchange Indices (June 25, 2001)
DateJune 19June 18June 15June 14June 13HighLowTSE 3007702.877707.097816.087920.65…
Weda Bay advances Halmahera (June 25, 2001)
Vancouver-based Weda Bay Minerals (WDA-T) has tabled a positive prefeasibility study at its laterite nickel-cobalt deposits on the Indonesian island of Halmahera.The study, completed by Kvaerner Proce…
Inco to work on dry laterite at Goro
Dry nickel laterites, which once represented the future of nickel, have been writing their own checkered history over the past three years. Hyped as a revolution in nickel production, they have turned…
Australia top destination for exploration spending
Australia attracted 17.3% of global exploration funding last year, more than any other country in the world, though spending fell 19% to A$676.3 million from the previous year. Gold was the main targe…
MOST ACTIVE ISSUES, JUNE 13-19
ExchgVol(000s)HighLowCloseChangeAlcoa*N 18260 41.38 37.20 37.60 – 2.90…
Palabora prepares for long strike
Denver — Palabora Mining is settling into what could be a long strike, after negotiations failed to reach an agreement over a 3-week walkout at the Palabora copper mine in South Africa.The company, a…
CDNX starts summer selloff
Vancouver — Canada’s junior exchange lost ground on all fronts over the report period ended June 19. The Canadian Venture Exchange composite index slumped 68.49 points, or 2%, to close at 3,275.90. T…
Northern Miner Indices (June 25, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.3ComincoCLT-T5.1FalconbridgeFL-T6.7Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N6.7Homestake MiningHM-N4….
Metal Prices (June 25, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)June 19June 18June 15June 14June 13Aluminium1467/1493.50…
Rough sales hurt by slowdown
In the first half of 2001, sales of rough gem diamonds by the Diamond Trading Co. (DTC), the marketing arm of De Beers, were hampered by a slowdown in the global economy, particularly in the U.S., whi…