Northern Miner Indices (November 06, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6…
Articles by Northern Miner Staff
Canadian Stock Exchange Indices (November 06, 2000)
DateOct. 31Oct. 30Oct. 27Oct. 26Oct. 25HighLowTSE 3009639.579253.
Inmet turns profit in quarter
Earnings at Inmet Mining (IMN-T) were steady in the third quarter despite changes in accounting procedures that kept profits from the Ok Tedi mine in Papua New Guinea off the books. The company earned…
Refugio’s fate in doubt as losses mount
Despite the best efforts of partners Kinross Gold (K-T) and Bema Gold (BGO-T), the Refugio mine in Chile’s Maricunga district seems unable to turn a profit in today’s brutal price environment.Represen…
Goldcorp cuts ribbon at reborn Red Lake mine
It began life in 1948 as Dickenson Mines’ Arthur White gold mine and went on to produce more than 3.1 million oz. without interruption until a strike forced a shutdown in 1996. Recently, under the own…
Correction (October 30, 2000)
In our report on Anaconda Nickel’s Murrin Murrin project in Australia (T.N.M. Oct. 9/00), mine geologist Tim Markwell was incorrectly identified as Tim Blackwell.
Partners update Duck Pond resources
Partners Thundermin Resources (THR-T) and Queenston Mining (QMI-T) have announced the preliminary results of a bankable feasibility study under way at the high-grade Duck Pond copper-zinc massive-sulp…
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$321 million. Improved operating performances at the compa…
Luscar puts Cheviot on back burner
Construction of the Cheviot mine, near Hinton, Alta., has been postponed after several letters of intent to buy coal from the operation expired, says 50%-owner Luscar.Several Japanese steel mills had …
MOST ACTIVE ISSUES, Oct. 18-24
ExchgVol(000s)HighLowCloseChangeAlcoa*N 18049 25.62 23.19 24.94 – 1.06…
Spot Prices Wed. October 25, 2000
Precious MetalsPrice (US$/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…