Miner announces new column
The Northern Miner is testing a new feature called “Prospector’s Corner,” which is intended to be a fun exchange of new ideas from geologists and prospectors.We are calling for articles about new uses…
News
Metal Prices (June 12, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJune 6June 5June 2June 1…
Low prices hurt Arizona
Copper mining contributed US$6.2 billion in personal, business and government income to Arizona in 1999, down from nearly US$10 billion in the previous year.The decrease is attributed to low copper pr…
Canyon offers mineral rights to environmentalists
In an unusual, perhaps unprecedented gesture, Canyon Resources (CAU-X) is offering to sell mineral rights to nearly 1 million acres in western Montana to environmental groups.In addition, the company …
GREATEST VALUE TRADED, May 31-June 6
ExchgVal($000s)HighLowCloseChangeAlcoa*N 676199 62.12 57.25 61.38 + 3.12…
Boliden considers extensive exploration
Mineral exploration in Sweden could be enjoying a modest renaissance in the next few years as Boliden (BOL-T) turns its exploration staff loose in the countryside.This year’s exploration season will s…
NAME CHANGES (June 05, 2000)
Daren Resources (DRR-V) has changed its name to Daren Industries (DIL-V) on a 1-new-for-3-old-share basis.
PEOPLE (June 05, 2000)
Dynamix — John Squarek appointed president, director and CEO.Rubicon — Christopher Bradbrook appointed director.Scintrex — Roland Horst appointed president and CEO.Teck…
The Northern Miner — North American Mining Index (June 05, 2000)
79.96 (-4.06)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (June 05, 2000)
49.28 (-2.08)(Sept. 30/98 = 100)…
Metals markets still unsettled
Base metals prices trended gradually downward in the May 22-26 report period as the market continued to ignore the steady outflow of inventory from London Metal Exchange (LME) warehouses.Total LME sto…
Gold Funds (June 05, 2000)
Gold Funds as of May 25, 2000Dynamic MutualCentral FundNet Value$12.47$5.54Price$7.40…