Gold Funds (November 06, 2000)
Gold Funds as of Oct 26, 2000Dynamic MutualCentral FundNet Value$11.70$5.44Price$6.70$4.570…
2000
Boliden seeks partners at Lomas Bayas, Myra Falls
Higher production and improved copper and zinc prices helped Boliden (BOL-T) to an operating profit in the three months ended Sept. 30, but further writedowns on the balance sheet — including a US$19…
Inco proves merits of ‘tele-operated’ mining
Ontario’s minister of northern development and mines, Tim Hudak, recently set off the world’s first underground explosion via a computer stationed above ground at Inco’s experimental mine, near Sudbur…
PEOPLE (November 06, 2000)
Adventure Mnrls — D.D. Dick, W.A. Hansen and G.W. Martin appointed directors.Ariel Res. — A.W. Lilly appointed director.Bargold — Catherine Zammito, Anthony Ciali and C.A. Peyton appoi…
LME Warehouse Levels (November 06, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Oct. 31/00 (change from Oct. 24 in brackets):MetalStock(tonnes)ChangeAluminium331850(…
Staff Investment Policy (November 06, 2000)
The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…
Noranda
Vancouver — Improved earnings from coal operations and Cominco’s (CLT-T) solid financial performance helped Teck (TEK-T) post an impressive third-quarter profit.The Vancouver-based major tabled earni…
Metal Prices (November 06, 2000)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateOct. 31Oct. 30Oct. 27Oct. 26Oct. 25Aluminium1469/14…
The Northern Miner — North American Mining Index (November 06, 2000)
67.23 (+4.20)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (November 06, 2000)
40.95 (-1.13)(Sept. 30/98 = 100)…
Imperial drills new discovery
A zone of massive sulphide mineralization has been discovered at surface on claims wholly owned by Imperial Metals (IPM-T), 7.5 km from its Goldstream mill, near Revelstoke, B.C.Results from nine chan…
Merger part of Etruscan strategy
In an attempt to expand its African holdings, Etruscan Resources (EET-T) has entered into an agreement to merge with Mountain Lake Resources (MOA-V).Subject to due diligence, the companies plan to mer…