Metal Prices (July 17, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)Aluminium1569/15931541/15671543/1568…
Articles by Northern Miner Staff
Winspear fights De Beers takeover
In the face of an unsolicited takeover offer from De Beers Consolidated Mines (DBRSY-Q) that it deems “hostile, opportunistic and undervalued,” Winspear Diamonds (WSP-T) has initiated a program design…
Expatriate finances projects in Finlayson Lake district
Having found a way to remove the selenium contaminant that plagues the Wolverine polymetallic deposit in the southeastern Yukon, Expatriate Resources (EXR-V) now faces the more pressing task of arrang…
Spot Prices Wed. July 12, 2000Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)ChangeGold$282.85-$4.85Silver$ 4.95-$0.04…
IPMI honours Heraeus
German metals fabricator Jrgen Heraeus has won a distinguished achievement award from the International Precious Metals Institute for his work in platinum group metals.His company, W.C. Heraeus (name…
Big blast brings more prosperity to Flin Flon
A recent “big blast,” marking the development of one the largest mining projects in Canada, has ushered in a new era for a camp that got its start 85 years ago.In 1915, Tom Creighton (1874-1949) and f…
Red Lake hosts Morrisseau exhibit
The Red Lake Museum in northwestern Ontario is hosting an exhibit of the works of Norval Morrisseau, a self-taught artist of Ojibwa ancenstry.The exhibit, called “Norval Morrisseau: The Red Lake Years…
MOST ACTIVE ISSUES, June 28-July 4
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Pangea jumps on Barrick Gold offer
On the back of stronger tech stocks, the Toronto Stock Exchange 300 index climbed 135.9 points, or 1.3%, during the June 28-July 4 report period. The broad market ended the holiday-shortened week at 1…
CDNX starts month on positive trend
Canada’s junior exchange started July on a positive note, posting gains in all fields. The Canadian Venture Exchange index tacked on 42.47 points, or 1.2%, over the holiday-shorted week ended July 4 a…
Gold miners’ break-even costs break downward trend
A report by National Bank Financial shows that senior gold producers are able to keep their heads above water in a low-gold-price environment. The same cannot be said for mid-tier producers, which spe…
Vaaldiam eyes fissures
Vaaldiam Resources (VRL-V) is set to acquire the Zuurverdiend diamond property, in South Africa’s Northern Province, from De Beers Consolidated Mines (DBRSY-Q).Vaaldiam is already exploring four diamo…