Luscar among winners in BC rescue competition
Luscar, Cominco and Homestake Canada were the big winners in British Columbia’s Mine Rescue and First-Aid Competition, recently held in Kimberley.In simulated situations, mine rescue teams from these …
Articles by Northern Miner Staff
CDNX flounders as mining index takes a hit
Canada’s junior exchange closed the week ended June 27 on a down-tick. The Canadian Venture Exchange index dropped 40.53 points, or 1.2%, to finish at 3429.90. The mining index tumbled 102.43 points, …
A step in the right direction
The Tulsequah Chief project is in a breathtakingly beautiful corner of northwestern British Columbia, and its scenic splendor has worked its usual magic on environmental groups, who want to see it pre…
Spot Prices, Wed. June 28, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$286.35-$0.25Silver$ 4.96-$0.06…
Gold Funds (July 03, 2000)
Gold Funds as of June 22, 2000Dynamic MutualCentral FundNet Value$13.05$5.55Price$7.2…
Dufresne new MAC chairman
Guy Dufresne will replace John Carrington as chairman of the Mining Association of Canada (MAC).Dufresne is president of Quebec Cartier Mining and chairman of Montreal-based Cambior. For 20 years, he …
MOST ACTIVE ISSUES, June 21-26
ExchgVol(000s)HighLowCloseChangeWilliam ResT 36555 0.21 0.13 0.18 + 0.05…
Dow, gold waiting for Fed
The Dow Jones industrial average edged up 69.3 points to close at 10,504.46 for the report period ended June 27, as the market bided its time waiting for the U.S. Federal Reserve Board to decided whet…
GREATEST VALUE TRADED, June 21-26
ExchgVal($000s)HighLowCloseChangeAlcoa*N 444000 30.75 28.50 29.94 – 0.12…
LME Warehouse Levels (July 03, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, June 27/99 (change from June 20 in brackets):MetalStock(tonnes)Change…
De Beers makes $259-million grab for Winspear
Canada’s diamond industry has received a wake-up call from South Africa’s De Beers Consolidated Mines (DBRSY-Q) in the form of an unsolicited $259-million takeover bid to acquire Winspear Resources (W…
Investors bullish on Pacific Rim
A special warrant financing will enable Pacific Rim Mining (PFG-T) to fund an aggressive 20,000-metre drill program at the Luicho gold project in southern Peru.The financing was oversold in a matter o…