Ontario funds mining education kits
The Ontario government will spend $50,000 to promote awareness of mining among elementary school students.The Toronto-based Prospectors & Developers Association of Canada (PDAC) will use the money to …
News
LME Warehouse Levels (March 19, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, March 13/01 (change from March 6 in brackets):MetalStock (tonnes)ChangeAluminium467400…
Producer and Dealer Prices (March 19, 2001)
Antimony: Mid-mkt US$1,320/t.Bismuth: Mid-mkt US$4.00/lb.Cadmium: Mid-mkt US$0.22/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.50-15.00/lb.Copper: Comex March US$0.8115/lb.
Ashton finds new pipe
Drilling by Ashton Mining of Canada (ACA-T) on the Buffalo Hills property in north-central Alberta has uncovered another kimberlite.The discovery, known as K281, occurs 15 km southeast of kimberlite K…
Rio Narcea keeps production steady
Lower head grades at its flagship El Valle open-pit mine in northwestern Spain have taken a bit of the edge off the production numbers of Rio Narcea Gold Mines (RNG-T).During 2000, Rio Narcea produced…
Israel exports record amount of diamonds
Polished diamond exports from Israel rose 19% in 2000, to a record level of US$5.3 billion.”Exceeding the US$5-billion mark in polished exports is a great accomplishment, firmly establishing Israel’s …
Northern Miner Indices (March 19, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7ComincoCLT-T4.5FalconbridgeFL-T6.3Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.0Homestake MiningHM-N3….
EXCHANGE RATES (March 19, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMarch 13March 12March 9March 8 March 7US$ in C$…
Writedowns take toll on Pan American
Vancouver — A writedown of US$37.6 million at its Dukat silver project in the Magadan region of far-eastern Russia, and a US$4.4-million charge against inactive properties pushed Pan American Silver …
Mine propels Antofagasta
Denver — A strong performance by the Los Pelambres copper mine in northern Chile enabled London-based Antofagasta (ANFGF-Q) to post a profit for 2000.Earnings for the period jumped to US$138.2 millio…
MOST ACTIVE ISSUES, MAR. 7-13
ExchgVol(000s)HighLowCloseChangeAlcoa*N 19112 39.58 35.37 37.05 -0.94…
Ventura promotes mining
Mining in Minnesota is a $1.5-billion-per-year industry employing 20,000 people — a point not lost on Minnesota Gov. Jesse Ventura as he opened mining awareness week at the Duluth Entertainment and C…