2005

The Northern Miner Indices (March 28, 2005)

The Northern Miner Indices
North American Mining: 119.58 (-3.16)
Small Producers: 101.25 (-7.22)

Spot Prices Tuesday, March 22, 2005 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $430.65 -11.35
Silver $7.11 -0.31
Platin…


High Energy fuels trading

U.S. stock markets fell during the period March 16-21. The S&P 500 index ended the period 13.97 points lower at 1,183.78 points, while the Dow Jones industrial average fell 179.71 points to close…


PEOPLE (March 28, 2005)

AngloGold Ashanti — Srinivasan Venkatakrishnan appointed CFO, effective Aug. 1; Neville Nicolau appointed COO of African operations; Roberto Carvalho Silva appointed COO of America…




Thistle boosts reserves at Steyn

Revised resource and reserve estimates at the President Steyn gold mine in South Africa’s Free State show a significant increase in reserves on the Steyn 1, Steyn 2 and Steyn 3 shafts. At the same tim…


The unending NPI dispute

Fourteen years ago, in a Northern Miner article titled “Vendors, operators battle over NPI royalties” (T.N.M., July 29/91), Virginia Heffernan wrote on the dispute between the net-profit-interest (NPI…





Gold’s drop hampers explorers

Junior miners held steady during the March 16-21 period, as the S&P-TSX Venture Composite Index rallied back over the 2,000 level before giving back a little ground to close at 1,978.77. The index…


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