Barrick enjoys robust third quarter
Barrick Gold (ABX-T) has reported near-record earnings for the three months ended Sept. 30, posting a profit of US$86 million on revenue of US$321 million. Improved operating performances at the compa…
Articles by Northern Miner Staff
Luscar puts Cheviot on back burner
Construction of the Cheviot mine, near Hinton, Alta., has been postponed after several letters of intent to buy coal from the operation expired, says 50%-owner Luscar.Several Japanese steel mills had …
MOST ACTIVE ISSUES, Oct. 18-24
ExchgVol(000s)HighLowCloseChangeAlcoa*N 18049 25.62 23.19 24.94 – 1.06…
Spot Prices Wed. October 25, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$269.30-$3.70Silver$ 4.78-$0.11…
Metal Prices (October 30, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 24Oct. 23Oct.20Oct. 19Oct. 18Aluminium1496/151…
Northern Miner Indices (October 30, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6ComincoCLT-T4.0FalconbridgeFL-T6.9Franco-Nevada MiningFN-T5.3Freeport McMoRan Cop’r BFCX-N4.6Homestake MiningHM-N4….
Producer and Dealer Prices (October 30, 2000)
Antimony: Mid-mkt US$1,670/t.Bismuth: Mid-mkt US$3.65/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$16.10-17.00/lb.Copper: Comex Dec. US$0.8655/lb.Indium: I…
Stillwater earnings climb
Despite the temporary suspension of the semi-autogenous grinding (SAG) mill at its platinum-palladium mine in Montana, Stillwater Mining (SWC-X) recorded solid production and earnings figures for the …
Alcan completes merger
The long-awaited merger between Montreal-based Alcan Aluminum and the Alusuisse Lonza Group (Algroup) of Switzerland has been completed, with both companies agreeing to an exchange of shares.The origi…
TSE Shorts (October 30, 2000)
Short positions outstanding at October 15, 2000Larger individual positions include: Abitibi-Consolidated 1,613,951 up 619,717; Alcan Aluminium 536,841 up 100,179; Anderson Exploration 1,762,…
Mini-budget includes flow-through share provision
In his recent economic statement, federal Finance Minister Paul Martin announced two measures designed to encourage investment in Canada’s junior exploration companies.The minister proposed a temporar…
The benefits of steel auto parts
The results of several engineering reports demonstrate the superiority of auto suspensions, closures and doors made from steel built with advanced manufacturing techniques.Studies performed by Stuttga…