Ontario budget boosts mining
In the past two years, the economy in Ontario has grown more quickly than that of any G7 country, and mining has played its part, generating between $5 billion and $7 billion in annual mineral product…
Articles by Northern Miner Staff
John Ross
John (“Jack”) Ross, one of Canada’s most prominent mining engineers, died this past summer. He was 86.Ross spent 65 years in mining, beginning as a student at the University of British Columbia in the…
PEOPLE (October 23, 2000)
Black Bull Res. — Haydn Murray appointed advisor to the board of directors.Burlington Res. — Daniel Hawk appointed vpMaya Gold — Lorne Anderson appointed director.McVicar M…
Dia Met soars as company climbs on to auction block
Dia Met Minerals took the market by surprise during the Oct. 11-17 report period by announcing it was looking to sell both the company and its 29% interest in the Ekati diamond mine in the Northwest T…
Indices in red as CDNX sings October blues
Canada’s junior exchange continued to lose ground during the 7-day report period ended Oct. 17, as all indices ended the trading session solidly in the red. The Canadian Venture Exchange (CDNX) compos…
The Northern Miner — North American Mining Index (October 23, 2000)
62.58 (-4.60)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (October 23, 2000)
43.79 (-0.57)(Sept. 30/98 = 100)…
Spot Prices Wed. October 18, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$271.30-$1.70Silver$ 4.84-$0.05…
GOLD FUNDS (October 23, 2000)
Dynamic MutualCentral FundNet Value$12.17$5.49Price$7.25$4.99Discount40.43%…
Exchange Rates (October 23, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 17Oct. 16Oct. 13Oct. 12Oct. 11…
Staff Investment Policy (October 23, 2000)
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…
High oil prices trigger fund liquidation in base metals markets
The period Oct. 9-13 saw no improvement in base metals markets. After the previous week’s falls, prices continued to slide across the board as oil and stock market shocks caused further fund liquidati…