Placer Dome nixes African deals
Placer Dome (PDG-T) has terminated joint-venture option agreements with Channel Resources (CHU-T) and Solomon Resources (SRB-V) on the Bombore and Somifa gold projects in Burkina FasoPlacer…
Articles by Northern Miner Staff
Apex eyes power source for San Cristobal
Denver — Apex Silver Mines (SIL-X) is in the final stages of selecting a power supplier for the US$430-million San Cristobal silver-zinc project in Bolivia.The company has called for proposals from s…
Miners left out of market bounce
During the report period ended Jan. 16, the Toronto Stock Exchange mounted a modest recovery from the previous week, adding 171.97 points to close at 8,744. But the base metals, which had largely esca…
Canadian Stock Exchange Indices (January 22, 2001)
— 52-week –DateJan. 16Jan. 15Jan. 12Jan. 11Jan. 10HighLow…
Metal Prices (January 22, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 16Jan. 15Jan. 12Jan. 11Jan. 10Aluminium1597/15…
Scoping study for Penasquito
Vancouver — Assay results from a 4,600-metre drill program over the Penasquito base metal property in Mexico have prompted Western Copper Holdings (WTC-T) and its Lima-based partner, Mauricio Hochsch…
U of T short course set
The ever-active student chapter of the Society of Economic Geologists at the University of Toronto has arranged a short course on exploration for volcanogenic masive sulphide deposits for March 9.Enti…
Canadian Venture Exchange breaks 3000
Vancouver — Canada’s junior exchange broke through the 3000 mark during the report period ended Jan. 16, riding on the back of resource-related issues. The Canadian Venture Exchange composite index t…
GREATEST VALUE TRADED, JAN. 10-16
ExchgVal($000s)HighLowCloseChangeAlcoa*N 407167 33.56 30.62 33.56 +1.18…
Dow moves up slowly
Denver — The Dow Jones industrial average edged up 80.11 points, or 0.8%, to finish the Jan. 10-16 report period at 10,652.66, as the market entered what could turn out to be a rocky season for earni…
Producer and Dealer Prices (January 22, 2001)
Antimony: Mid-mkt US$1,300/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.50-14.00/lb.Copper: Comex March US$0.823/lb.
Mining companies unshaken by Salvadoran earthquake
Denver — The 7.6-magnitude earthquake that rocked El Salvador in mid-January caused little to no damage to mining operations in the region.Dayton Mining (DAY-T) President William Myckatyn tells The N…