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: …
2001
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…
NAME CHANGES (January 08, 2001)
Goldbank Ventures Ltd. (GBK.A-V) has changed its name to Consolidated Goldbank Ventures Ltd. (CVT.A-V) on a 1-new-for-4-old-share basis.
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…
Canadian Stock Exchange Indices (January 08, 2001)
DateJan. 2Jan. 1Dec. 29Dec. 28Dec. 27HighLowTSE 3008611.51Holiday…
Rockwell explores for Brazilian PGMs
Vancouver — A private placement of 4.5 million units priced at 65 apiece has added $2.9 million to the coffers of junior Rockwell Ventures (RCW-V). The Hunter-Dickinson-led company will use the fund…
Correction (January 08, 2001)
In a Dec. 4-10, 2000, article about Mazarin’s (MAZ-T) proposed purchases of Teck’s (TEK-T) half-interest in the Niobec mine and the major’s option to acquire a 25% interest in Niocan’s (NIO-T)…
Exchange Rates (January 08, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 2Jan. 1Dec. 29Dec. 28Dec. 27US$ in C$1.4963Holiday1.50021.50…
Northern Miner Indices (January 08, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7…
Friedland, EPA settle Summitville suit
Denver — Mining financier Robert Friedland has reached a settlement with the U.S. and Colorado governments to end four and a half years of legal wrangling over an environmental cleanup of the Summitv…
Metal Prices (January 08, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 2Jan. 1Dec. 29Dec. 28Dec. 27Aluminium1566.50/1…
More diamonds reported from Destiny
Surface sampling at the Destiny diamond showing, 25 km north of Wawa, Ont., has yielded additional diamonds from a lamproite dyke.The sampling, by Pele Mountain Resources (YPN-V), recovered 42 diamond…