Summo awaits feasibility
Solvent extraction techniques are proving increasingly attractive to conventional copper mining companies as they struggle against historically low prices.One such company, Denver-based Summo Minerals…
Articles by Northern Miner Staff
METAL PRICES (February 21, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateFeb. 15Feb. 14Feb. 11Feb. 10…
Underground sampling begins at Snap Lake
In hopes of starting production as early as 2002, Winspear Resources (WSP-V) has launched an exploration program that will form the backbone of a feasibility study for the Snap Lake diamond project, 2…
EXCHANGE RATES (February 21, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateFeb. 15Feb. 14Feb. 11Feb. 10Feb. 9…
PRODUCER AND DEALER PRICES (February 21, 2000)
Antimony: Mid-mkt US$1,170/t.Bismuth: Mid-mkt US$3.85/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.80-15.10/lb.Copper: Comex Mar. US$0.827/lb.Indium: In…
Manhattan outlines new gold zones
Drilling by Manhattan Minerals (MAN-T) at its 75%-optioned Tambo Grande polymetallic property in northwestern Peru continues to outline gold zones near the main depositThe Southwest zone, outlined dur…
Gold hangs tough
The Dow Jones industrial average fell 239.51 points, or 2.2%, during the report period ended Feb. 15 to close at 10,718.09.Spot gold climbed slightly to US$301.70 per oz. on the Comex division of the …
Cerro Casale moves closer to development
A final feasibility study by Placer Dome (PDG-T) indicates that the Cerro Casale porphyry gold-copper deposit in Chile can be developed economically as a large-scale, low-grade open-pit mine.The depos…
Platinum, palladium prices fuel market activity
Strong demand and continuing uncertainty over Russian exports kept platinum and palladium prices rallying during the Feb. 9-15 report period. The former climbed $8 to US$549 per oz., while the latter …
Sky’s the limit for CDNX
The Canadian Venture Exchange continued its climb, tacking on 196.62 points, or 6.2%, to finish the week ended Feb. 15 at 3,363.50.Canada’s small cap market has launched three new indices: technology;…
LME WHSE LEVELS (February 21, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Feb. 15/99 (change from Feb. 8 in brackets):Metal Stock(tonnes)…
The Northern Miner — North American Mining Index (February 21, 2000)
90.40 (+4.35)(Sept. 30/98 = 100)…