Inmet turns profit in quarter
Earnings at Inmet Mining (IMN-T) were steady in the third quarter despite changes in accounting procedures that kept profits from the Ok Tedi mine in Papua New Guinea off the books. The company earned…
News
Refugio’s fate in doubt as losses mount
Despite the best efforts of partners Kinross Gold (K-T) and Bema Gold (BGO-T), the Refugio mine in Chile’s Maricunga district seems unable to turn a profit in today’s brutal price environment.Represen…
The Northern Miner — Small Producers Index (October 30, 2000)
42.08 (-1.71)(Sept. 30/98 = 100)…
Staff Investment Policy (October 30, 2000)
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…
Francisco pulls hot values from Marlin
Vancouver-based Francisco Gold (FGX-V) is off to a good start at its recently acquired Marlin property in western Guatemala.The junior encountered significant gold-silver mineralization in 13 of 15 ho…
The Northern Miner — North American Mining Index (October 30, 2000)
63.03 (+0.45)(Sept. 30/98 = 100)…
Copper Ridge aims to revive Howards Pass
Advances in metallurgy, coupled with the anticipated expansion of power and transportation infrastructure in the Yukon, have induced Copper Ridge Explorations (KRX-V) to step up exploration at its How…
Expatriate, Nordac among most promising Yukon explorers
Exploration activity in most parts of Canada has plummeted in recent years, and the Yukon is no exception. Nonetheless, there are still a few brave hearts with staying power, and they’re managing to f…
Mansfield, Atna bright spots in junior sector
Mineral exploration frauds such as Bre-X Minerals in Indonesia, combined with the Asian financial crisis of the late 1990s, are chiefly responsible for the ongoing slump in junior resource stocks, acc…
Gold Funds (October 30, 2000)
Gold Funds as of Oct 19, 2000Dynamic MutualCentral FundNet Value$11.88$5.44Price$7.00…
Decline in prices continues
During the report period Oct. 16-20, all the base metals listed on the London Metal Exchange (LME) suffered declines in their weekly average prices. Once again, nickel and zinc prices were hardest-hit…
Correction (October 30, 2000)
In our report on Anaconda Nickel’s Murrin Murrin project in Australia (T.N.M. Oct. 9/00), mine geologist Tim Markwell was incorrectly identified as Tim Blackwell.