TSE Short Positions (April 16, 2001)
Short positions outstanding at March 31, 2001Larger individual positions include:Alcan Inc. 938,368 down 102,162; Anderson Exploration Ltd. 4,609,007 up 196,810; Barrick Gold Corporation…
News
Smaller top line throws Rio Narcea for a loss
The combination of a lower gold price and a production shortfall at the El Valle mine in northwestern Spain resulted in a US$4.8-million loss for Rio Narcea Gold Mines (RNG-T) in 2000.The loss include…
AMF, Anglo cut new deal at Kolwezi
A more stable political climate in the Democratic Republic of Congo has enabled America Mineral Fields (AMZ-T) and Anglo American (AAUK-Q) to rework their deal to process the country’s Kolwezi tailing…
Placer takes shine to Grayd’s White Gold
Vancouver — Placer Dome (PDG-T) has inked a deal to earn a 51% stake in White Gold project, near Tok, Alaska. In return, the major must pay the vendor, Grayd Resource (GYD-V), US$3.1 million over fou…
Miners feared dead in Zambia
As many as 10 miners are thought to be dead following a landslide at the Nchanga open pit, near the city of Chingola in north-central Zambia.Recovery operations are under way, though Benedict Chileshe…
Christian von Hessert
Christian von Hessert, chairman of Toronto-based Laramide Resources, has died. He was 59.Born in 1941 in New York, N.Y., von Hessert was a graduate of Columbia University and in 1971 received his mast…
News – 09-APR-01
Correction (April 09, 2001)
Kenneth Kutz, author of Gold Fever and Untold Wealth: Canada’s Mineral Heritage, is alive and residing in Connecticut. Incorrect information appeared in our issue of March 19-25.
The Northern Miner — North American Mining Index (April 09, 2001)
66.50 (-1.56)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (April 09, 2001)
47.92 (+2.12)(Sept. 30/98 = 100)…
Gold Funds (April 09, 2001)
Gold Funds as of March 29, 2001Dundee Precious MetalsCentral FundNet Value$11.64$5.27Price$6.90$4.71…
Staff Investment Policy (April 09, 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…