The Northern Miner — North American Mining Index (November 13, 2000)
68.65 (+1.42)(Sept. 30/98 = 100)…
Articles by Northern Miner Staff
Noranda continues profitable growth, enhances Perseverance
Stronger commodity prices nudged Noranda’s (NOR-T) third-quarter earnings a little higher, despite higher energy prices and an ongoing strike at the Sudbury, Ont., operations of subsidiary Falconbridg…
Zaldivar boosts Placer’s performance
Placer Dome’s (PDG-T) wholly owned Zaldivar copper mine is proving a significant contributor to the major’s bottom line. Situated in northern Chile, the open-pit, heap-leach operation added US$213 mil…
Agnico-Eagle completes LaRonde mine expansion
Having expanded its LaRonde gold mine in northwestern Quebec, Agnico-Eagle Mines (AGE-T) is expecting a steady stream of cash flow.In October, underground production was ramped up to 5,000 tons per da…
Ashton urges acceptance of De Beers’ bid
The board of directors of Australian-listed Ashton Mining has recommended that its shareholders reject Rio Tinto’s (RTP-N) A$1.85-per-share offer, which it described as “neither fair nor reasonable,” …
Anglo drilling extends zone at Aripuana
Drilling by Anglo American (AAUK-Q) at the Aripuana property in Brazil has intersected a zone of zinc and lead sulphide mineralization in a stepout hole 160 metres northwest of the previously drilled …
Gold-as-money, Part II
If gold is the mortal enemy of central bankers, as suggested by Lawrence Parks, executive director of the Foundation for the Advancement of Monetary Education (FAME), is there hope for a truce or a pe…
News – 06-NOV-00
Canada and global mining
The management of Canada’s mineral wealth and resources has had numerous benefits for the country. These benefits are the direct result of Canadians working here and abroad.For the mining industry to …
Gold Funds (November 06, 2000)
Gold Funds as of Oct 26, 2000Dynamic MutualCentral FundNet Value$11.70$5.44Price$6.70$4.570…
Boliden seeks partners at Lomas Bayas, Myra Falls
Higher production and improved copper and zinc prices helped Boliden (BOL-T) to an operating profit in the three months ended Sept. 30, but further writedowns on the balance sheet — including a US$19…
Inco proves merits of ‘tele-operated’ mining
Ontario’s minister of northern development and mines, Tim Hudak, recently set off the world’s first underground explosion via a computer stationed above ground at Inco’s experimental mine, near Sudbur…