Exchange Rates (January 08, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 2Jan. 1Dec. 29Dec. 28Dec. 27US$ in C$1.4963Holiday1.50021.50…
Articles by Northern Miner Staff
Northern Miner Indices (January 08, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7…
Metal Prices (January 08, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 2Jan. 1Dec. 29Dec. 28Dec. 27Aluminium1566.50/1…
More diamonds reported from Destiny
Surface sampling at the Destiny diamond showing, 25 km north of Wawa, Ont., has yielded additional diamonds from a lamproite dyke.The sampling, by Pele Mountain Resources (YPN-V), recovered 42 diamond…
Charges ruled out in Frailes spill
A Spanish judge has ruled that criminal charges should not be laid in connection with the April 1998 tailings spill at the Los Frailes base metal mine in southwestern Spain, owned by a subsidiary of B…
Summo confirms Doctor mineralization
Preliminary drilling by Summo Minerals (SMA-T) has confirmed the presence of zinc mineralization at the former producing Doctor mine in Gunnison Cty., Colo.Between 1900 and 1938, Doctor cranked out 75…
Avalon encounters tantalum at Lilypad
Avalon Ventures (AVL-V) and privately held partner Global Canada have released encouraging results from an 8-hole, 1,094-metre program of diamond drilling on the Lilypad Lakes tantalum project, near P…
Markets nosedive into new year
Stock trading on the first business day of 2001 was decidedly rocky, as fear of a slowdown in the U.S. economy spread north of the border and took its toll on markets here.The bellwether Toronto Stock…
Partners test Birch Lake zones
Partners Wolfden Resources (YWO-V) and Jonpol Explorations (JON-T) have begun exploring the Birch Lake polymetallic property in Ontario’s revitalized Red Lake mining district.Geophysical surveys and d…
CDNX starts year on right footing
Vancouver — Canada’s junior exchange fared well over the holiday-shortened report period ended Jan. 2. The Canadian Venture Exchange composite index tacked on 126.5 points, or 4.5%, and finished the …
Friedland, EPA settle Summitville suit
Denver — Mining financier Robert Friedland has reached a settlement with the U.S. and Colorado governments to end four and a half years of legal wrangling over an environmental cleanup of the Summitv…
Letter to the editor: TNM ‘dismissive’ of global warming
I am amazed that The Northern Miner continues to be adamantly dismissive of the concept of global warming as shown in several recent editorials.Publications as varied as the Manchester-based Guardian …