NovaGold hits highest grades yet at Donlin
Vancouver — California-based NovaGold Resources (NRI-T) continues to pull high-grade intercepts from the Acma zone of the Donlin Creek deposit in Alaska.Situated 480 km west of Anchorage, Donlin Cree…
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Staff Investment Policy (November 05, 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…
Daily Metal Prices (November 05, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 30Oct. 29Oct. 26Oct. 25Oct. 24Aluminium1271/12…
Northern Miner Indices (November 05, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Exchange Rates (November 05, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 30Oct. 29Oct. 26Oct. 25Oct. 24US$ in C$1.57831.57461.57521.5…
Producer and Dealer Prices (November 05, 2001)
Antimony: Mid-mkt US$1,400/t.Bismuth: Mid-mkt US$3.50/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.30-8.25/lb.Copper: Comex Dec. US$0.625/lb.Indium: Indi…
Canadian Stock Exchange Indices (November 05, 2001)
DateOct. 30Oct. 29Oct. 26Oct. 25Oct. 24HighLowTSE 3006825.416896.347004.926943.696896.93…
Franco-Nevada richer
Standing apart from most of its struggling peers, Franco-Nevada Mining (FN-T) has reported record 6-month earnings from continuing operations.For the six months ended Sept. 30, Franco earned $55.1 mil…
BHP Billiton rehires illegal strikers
BHP Billiton has rehired 100 of the 400 workers who took part in an illegal strike at the Mozal aluminum smelter in Mozambique. A decision on the remaining workers is imminent.About two-thirds of Moza…
Aur reaps rewards at Quebrada Blanca
Higher copper production and hedging gains are translating into healthier profits for Aur Resources (AUR-T).During the three months ended Sept. 30, Aur pocketed US$7 million (or 8 per share) on reven…
Cambior, Golden Star shuffle properties
A deal with Golden Star Resources (GSC-T) will see Cambior (CBJ-T) take over 100% interests in the Omai gold mine in Guyana and the Gross Rosebel project in Suriname, while the smaller company concent…
The Sullivan legacy
Sustainable development in the mining industry means the creation of lasting benefits after an orebody is exhausted. People often ask how the exploitation of a non-renewable natural resource can be co…