Torngat yields larger gems
The AD2 site at Twin Mining’s (TWG-T) Torngat diamond property, on the Ungava Peninsula of northern Quebec, has yielded its largest diamond yet.AD2 is one of two sites from which 8-tonne samples of th…
News
Low prices hit Placer Dome
The harsh realities of operating gold mines in a stagnant low-price environment have forced Placer Dome (PDG-T) to write down the value of certain assets and reduce reserves and resources at various e…
CDNX continues bull run (January 29, 2001)
Canada’s junior exchange ended the Jan. 17-23 period on an up-note, with all indices posting gains. The Canadian Venture Exchange composite index tacked on 78.1 points, or 2.5%, and closed the period …
Correction (January 22, 2001)
Placer Dome (PDG-T) has placed the Cerro Casale gold-copper project on hold because of low gold prices. However, the major still holds the right to acquire a 51% stake in the Chilean project owned joi…
News – 22-JAN-01 (January 22, 2001)
PEOPLE (January 22, 2001)
Alcan Aluminium — William Blundell appointed interim president and CEO.Nord Pacific — Leland Erdahl appointed director, chairman, president and CEO.Tan Range — Oliver Lennox-King, Albe…
Gold Funds (January 22, 2001)
Gold Funds as of January 11, 2001Dundee Precious MetalsCentral FundNet Value$11.03$5.17Price$6.50$4.825…
Analysts select 10 juniors
Times have been tough for the mining sector these past three years. Liquidity remains a critical problem, with speculative investors nibbling selectively at drill hole stories but, for the most part, …
The Northern Miner — Small Producers Index (January 22, 2001)
46.77 (+2.87)(Sept. 30/98 = 100)…
Base metals stage comeback
A sense of optimism returned to the base metals complex between Jan. 8 and 12, as all the major metals ended the period strongly higher with firm bases of support. Copper prices gained 0.5% over the w…
The Northern Miner — North American Mining Index (January 22, 2001)
71.61 (-1.02)(Sept. 30/98 = 100)…
Staff Investment Policy (January 22, 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…