Gold Funds (December 03, 2001)
Gold Funds as of November 22, 2001Dundee Precious MetalsCentral FundNet Value$12.97$5.28Price$8.94$4.95…
News
Staff Investment Policy (December 03, 2001)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
The Northern Miner — Small Producers Index (December 03, 2001)
45.18 (+0.44)(Sept. 30/98 = 100)…
Eldorado monitors Ovacik, hopeful at Kisladag
A strong third-quarter performance by the Ovacik gold mine in Turkey augurs well for Eldorado Gold (ELD-T), which holds Kisladag and several other advanced-stage gold projects in the country.Ovacik, w…
Cambior aims to develop Gross Rosebel
Having largely overcome its financial woes of the past two years, Cambior (CBJ-T) is once again looking for growth opportunities in the gold business.Its first step in this direction will be to develo…
Corrections (December 03, 2001)
In our Nov. 26-Dec. 2 report on the Canadian Mining Hall of Fame, we neglected to mention that the Mining Association of Canada is a sponsor.The Hall of Fame is also supported by the Canadian Institut…
GSB cuts may be counterproductive
Reports from British Columbia imply the new government of Gordon Campbell may be considering wholesale cuts to the province’s Geological Survey Branch.The first public hint of this proposal came in la…
Matamec cuts gold at Sakami
Val d’Or, Que.-based Matamec Explorations (MAT-V) has released preliminary results from a second round of drilling at the Sakami gold project, 80 km southeast of Radisson, Que.The 2,000-metre drilling…
US markets fly like turkeys
The U.S. markets enjoyed an uneventful four trading days surrounding the American Thanksgiving holiday, with the Dow Jones Industrial Average sliding 28.78 points to 9,872.60 and the Standard & Poors …
PEOPLE (December 03, 2001)
Canadian Zinc — John Kearney appointed director.Easton — Eric Caton appointed director and Leslie Markow appointed corporate secretary.Int’l Pursuit — Bernard Kraft appointed executive…
Short term grim for cobalt
The short-to-medium-term outlook for cobalt remains unfavourable, according to a report from London-based Roskill Information Services.In 2001, prices for the base metal fell almost continually, to le…
Exchange Rates (December 03, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 27Nov. 26Nov. 23Nov. 22Nov. 21US$ in C$1.59481.60001.59…