LME Warehouse Levels (April 16, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, April 10/01 (change from April 3 in brackets):MetalStock (tonnes)ChangeAluminium47100…
Articles by Northern Miner Staff
Metal Prices (April 16, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 10April 9April 6April 5April 4Aluminium1500/1…
Exchange Rates (April 16, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateApril 3April 2 April 30April 29April 28…
Corner Bay a top pick in the junior sector
Corner Bay Silver (bay-t) will carry out a bankable feasibility study of its Alamo Dorado project in northwestern Mexico, drawing on proceeds from a $5.5-million financing completed late last year wit…
LionOre, partners find gold near Thunderbox
A group led by Australia’s LionOre Mining International (LIM-T) has discovered a gold prospect 7 km south of the company’s Thunderbox gold deposit in Western Australia’s northeastern goldfields.Named …
South Deep strike ends
Workers at the South Deep mine in South Africa have ended their week-old labour dispute.South Deep is a 50-50 joint venture between Placer Dome (PDG-T) and South Africa’s Western Areas. Placer purchas…
Newmont to buy Lomeros
Denver — Newmont Mining (NEM-N) has signed an agreement to acquire the Lomero-Poyatos polymetallic property in Spain from junior Cambridge Mineral Resources.Situated in the Pyrite Belt of southern Sp…
Higher output at Red Lake
Thanks to unexpectedly high headgrades, the Red Lake gold mine in northwestern Ontario is exceeding the production forecasts of its owner, Goldcorp (G-T).The mine, which began commercial production on…
Northern Miner Indices (April 16, 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….
Cutbacks bolster nickel
What had appeared to be a promising rally in base metals markets earlier on in the week of April 2 turned into something of a rout on April 6 as both copper and aluminum prices shed US$30-40 per tonne…
Vancouver loses in TSE-CDNX deal
A venture capital market is much more than its buildings and brokers, or even its listings and trading volumes. It’s a bastion of free enterprise, a launching pad for entrepreneurs willing to put thei…
