Imperial remains mired in red
Operational improvements slightly offset weak returns on gold and copper yet failed to pull Imperial Metals (IPM-T) out of the red during the first quarter.The loss amounted to $238,000 (or nil per sh…
Articles by Northern Miner Staff
Remembering two BC pioneers
When I think of exploring for minerals in this country, I am always reminded of two people whom I deeply respected and admired: Bill Kuhn and Joe Feeney.Kuhn was a venturesome, reconnaissance-type pro…
Gold benefits from stumbling US dollar
Gold prices saw major gains over the May 31-June 6 report period as the U.S. dollar finally showed some weakness, especially against the Euro.Beginning on June 2, gold bugs enjoyed a three-day short-c…
Miners rally on economic news
Weaker-than-expected U.S. employment news sent the price of gold up, while the Dow Jones industrial average climbed 208.44 points, or 1.9%, to 10,735.57, during the report period ended June 6.Continue…
CDNX recovers lost ground
Canada’s junior exchange continued to recover lost ground as all indexes posted gains. The Canadian Venture Exchange tacked on 181.67 points, or 5.6%, over the week ended June 6, to close at 3,410.59….
Northern Miner Indices (June 12, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.0ComincoCLT-T3.9FalconbridgeFL-T8.2Franco-Nevada MiningFN-T5.2Freeport McMoR…
Miner announces new column
The Northern Miner is testing a new feature called “Prospector’s Corner,” which is intended to be a fun exchange of new ideas from geologists and prospectors.We are calling for articles about new uses…
Metal Prices (June 12, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJune 6June 5June 2June 1…
Low prices hurt Arizona
Copper mining contributed US$6.2 billion in personal, business and government income to Arizona in 1999, down from nearly US$10 billion in the previous year.The decrease is attributed to low copper pr…
Canyon offers mineral rights to environmentalists
In an unusual, perhaps unprecedented gesture, Canyon Resources (CAU-X) is offering to sell mineral rights to nearly 1 million acres in western Montana to environmental groups.In addition, the company …
GREATEST VALUE TRADED, May 31-June 6
ExchgVal($000s)HighLowCloseChangeAlcoa*N 676199 62.12 57.25 61.38 + 3.12…
Miramar, Cambiex hot on Hope Bay’s potential
Having acquired the entire Hope Bay greenstone belt, 685 km northeast of here, in Nunavut, equal partners Miramar Mining (MAE-T) and Cambiex Exploration (CBX-T) are setting their sites on developing t…