LME Warehouse Levels (April 24, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Apr. 18/00 (change from Apr. 11 in brackets):Aluminium704,800(-20,225)…
Articles by Northern Miner Staff
Base metals prices pushed back
Base metals markets saw a promising mini-rally snuffed out in the second half of the report period April 10-14. Volatility in equity markets prevented follow-through buying, and, by the end of the wee…
Producer and Dealer Prices (April 24, 2000)
Antimony: Mid-mkt US$1,110/t.Bismuth: Mid-mkt US$3.95/lb.Cadmium: Mid-mkt US$0.19/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$15.45-17.40/lb.Copper: Comex May US$0.76/lb.Indium: Indi…
Yanacocha gold mine possibly world’s best: analyst
Having produced 1.7 million oz. gold at a total cash cost of US$103 per oz. last year, the Yanacocha mine in Peru now ranks as the largest gold producer in the Americas. Geoff Stanley, a mining analys…
Breakwater eyes Oued Amizour
A letter-of-intent agreement with an Algerian geological agency sets the stage for Breakwater Resources (BWR-T) to earn up to a 90% interest in the Oued Amizour zinc project, 10 km from the port city …
GQ reveals more diamonds
Ongoing geochemical sampling at the GQ diamond property near Wawa, Ont., has yielded more diamonds for Band-Ore Resources (BAN-T).Three macrodiamonds (stones with one dimension greater than 0.5 millim…
Twin Gold extends discovery
Sampling by Twin Gold Mining (TWG-T) has turned up more evidence of kimberlite dykes along a magnetic anomaly trend on the Torngat diamond project on the eastern side of Ungava Bay in northern Quebec….
Foran drills at McIlvenna Bay
Foran Mining (FOM-V) is performing 2,500 metres of follow-up drilling to test the depth extension of its McIlvenna Bay zinc-copper-gold deposit in the Flin Flon greenstone belt of northern Saskatchewa…
Pangea poised for success in Tanzania
Recognizing the potential of the Tanzanian Lake Victoria goldfields of East Africa early on, Pangea Goldfields (PGD-T) began acquiring properties there in the early 1990s. It now boasts a portfolio of…
Falco has strong quarter Inco moves into the black
Higher metal prices and strong performances from its newest mines have propelled Falconbridge (FL-T) to a profitable first quarter.The company earned $109.5 million (or 60 per share) on revenue of $6…
International Wayside hits hot values
Junior International Wayside Gold Mines (IWA-V) has encountered a previously unknown style of gold mineralization in the footwall of the BC Vein at its Cariboo project in the Quesnel Highlands of cent…
Cambior bows from Lac Dor
Montreal-based Cambior (CBJ-T) has withdrawn from the Lac Dor project, a joint venture with junior McKenzie Bay International (MKBY-O).Under an agreement entered into last summer, Cambior was to have…