Kazakstan to host conference
Almaty, the former capital city of Kazakstan, will host KazMin 2001, an international exhibition and conference on mining exploration and equipment. The event unfolds Sept. 5-7 at the Atakent Exhibiti…
News
South Africa’s mining lobby
South African Chamber of Mines is an organization that exists not only to conduct wage netotiations on behalf of its mining industry members. Indeed the chamber’s primary function is to act in the pub…
Explosion at Ukraine coal mine claims 47
The death toll following a methane gas explosion at a coal mine in the Donetsk region of western Ukraine has risen to 47 after a fire burning about 1 km below the surface prevented rescuers from reach…
The Northern Miner — North American Mining Index (August 27, 2001)
74.32 (+1.48)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (August 27, 2001)
46.62 (+0.83)(Sept. 30/98 = 100)…
LME Warehouse Levels (August 27, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Aug. 21/01 (change from Aug. 14 in brackets):MetalStock (tonnes)ChangeAluminium674100…
Gold Funds (August 27, 2001)
Gold Funds as of August 16, 2001Dundee Precious MetalsCentral FundNet Value$13.80$5.18Price$9.85$4.90…
Exchange Rates (August 27, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateAugust 21August 20August 17August 16August 15US$…
Canadian Stock Exchange Indices (August 27, 2001)
DateAugust 21August 20August 17August 16August 15HighLowTSE 3007472.987525.16750…
Gitennes deals Rio Blanco (August 27, 2001)
Vancouver — London-based Monterrico Metals has inked a deal with Gitennes Exploration (GIT-T) to earn up to a 75% stake in the Rio Blanco copper property in northern Peru.To do so, Monterrico must sp…
Spot Prices Wed. August 12, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$277.25+$0.90Silver$ 4.17-$0.07Platinum$447.00+$…
Interest rate cut falls flat
Denver — Financial markets sank in response to the U.S. Federal Reserve’s latest quarter-point interest rate cut, sending the Dow Jones industrial average down 238.03 points, or 2.3%, for the report …