Staff Investment Policy (January 08, 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…
News
Province beefs up Ontario Prospectors Association
In keeping with its promise to restructure the Ontario Prospectors Association (OPA), the provincial government is providing almost $1 million through the Northern Ontario Heritage Fund Corp. (NOHFC)….
NDP bound for defeat
A few months ago, we predicted that Canadian Prime Minister Jean Chrtien would win a third majority government, which he did handily on Nov. 27. We also predicted that George W. Bush and Al Gore woul…
Odds ‘n’ Sods: The Elliot Lake story
The evolution of Elliot Lake, Ont. — from a logging and fur-trapping centre in the early 1900s to the uranium capital of the world in the 1950s and 1960s, and then to its present status as one of mos…
Suit filed against Southern Peru copper
Denver — A Peruvian group has filed suit in New York, N.Y., claiming 40 years of emissions from the Ilo smelter have poisoned nearby residents and harmed the regional ecosystem. The plant is operated…
Spot Prices Wed. January 3, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$269.00-$5.70Silver$ 4.53-$0.10Platinum$614.00+$…
LME Warehouse Levels (January 08, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 2/01 (change from Dec. 22/00 in brackets):MetalStock(tonnes)ChangeAluminium298925…
Producer and Dealer Prices (January 08, 2001)
Antimony: Mid-mkt US$1,350/t.Bismuth: Mid-mkt US$4.00/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.70-14.25/lb.Copper: Comex March US$0.8115/lb.Indium: …
Majescor raises $2.2m
Quebec City-based Majescor Resources (MAJ-M) has arranged a $2.2-million private placement with investment dealer Canaccord Capital. Proceeds are earmarked for diamond exploration in northern Quebec.T…
Revisions to mining indices
The quarterly revision of The Northern Miner’s two mineral-industry market indices has resulted in the addition of Stillwater Mining (SWC-X) to the North American Mining Index.Stillwater, with a marke…
Freeport-McMoRan faces higher levels of political risk
A visit to the Grasberg copper-gold mine has prompted mining analyst Roger Chaplin of Canaccord Capital to issue a “speculative buy” recommendation for Freeport-McMoRan Copper & Gold (FCX-N), which op…
Canadian Stock Exchange Indices (January 08, 2001)
DateJan. 2Jan. 1Dec. 29Dec. 28Dec. 27HighLowTSE 3008611.51Holiday…