NRC and CAMESE publish report on suppliers
Natural Resources Canada (NRC) and the Canadian Association of Mining Equipment and Services for Export (CAMESE) have collaborated to publish an 84-page report on how mining suppliers contribute to th…
Articles by Northern Miner Staff
De Beers withdraws from bid
De Beers Consolidated Mines (DBRSY-Q) is withdrawing its takeover bid for Australia’s Ashton Mining now that rival Rio Tinto (RTP-N) has received acceptances for 51.89% of Ashton’s shares.De…
Ross Toms
Ross Toms, a prospector who discovered several major iron ore deposits in the Ungava district of northern Quebec, has died. He was 91.Toms was born in La Scie, Nfld., in 1910, and at the age 16, left …
Nothing new for Royal Oak
I am wondering if you have any information regarding Royal Oak Mines. I am one of those lucky investors still holding shares in Royal Oak. Do you know if any other company is planning to take over wha…
TSE Shorts (November 13, 2000)
Short positions outstanding at October 31, 2000Larger individual positions include: Abitibi-Consolidated 467,593 down 1,146,358; Anderson Expl. 1,413,879 down 348,438; Barrick Gold Corp. 11,…
Exchange Rates (November 13, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 7Nov. 6Nov. 3Nov. 2Nov. 1US…
Franco-Nevada sets record
A quarter that saw Franco-Nevada Mining (FN-T) lose out on a merger bid with South African mining house Gold Fields (GOLD-Q) still provided the gold producer with record earnings and revenue. Franco-N…
PNWC confirms values at Lismer Ridge
Vancouver — Three diamond drill holes collared in the Lismer Ridge area, some 1.5 km southeast of the promising Dana Lake target in northern Ontario, have returned widespread platinum-palladium value…
LME Warehouse Levels (November 13, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 7/00 (change from Oct. 31 in brackets):MetalsStock(tonnes)ChangeAluminium328550(…
Dow awaits election results
Denver — The Dow Jones industrial average paused for the U.S. election, falling a mere 18.96 points, or 0.2%, to close at 10,952.18 for the week ended Nov. 7, while mining issues continued their desc…
Philex results leave CDNX cold
Vancouver — Led by gains in its three main sectors, the composite index of the Canadian Venture Exchange edged up 20.45 points during the report period ended Nov. 7 to close 0.6% higher at 3,275.18. …
Juniors keep busy as gold slips below US$270
Gold stepped back into the spotlight during the Nov. 1-7 report period, as the Bank of England auctioned another 804,000 oz. (25 tonnes) at an allotment price of US$264.30 per oz.While the amount offe…