Northern Miner Indices (January 29, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7ComincoCLT-T4.5FalconbridgeFL-T6.3Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.0Homestake MiningHM-N3….
News
Exchange Rates (January 29, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 23Jan. 22Jan. 19Jan. 18Jan. 17US$ in C$1.50661.50661.51441.5…
Int’l Annax tables resource
Vancouver — Junior International Annax Ventures (IAX-V) has tabled initial resource estimates for the Sopokomil deposit at the Dairi project in Sumatra, Indonesia. The deposit is believed prospective…
OGS reports possible diamond target
Soil sediment sampling by the Ontario Geological Survey (OGS) may yield another promising diamond target in the province, says Northern Development and Mines Minister Tim Hudak.The announcement is bas…
Diamondex to begin program
An exploration program by Diamondex Resources (DSP-V) will focus on several properties in the Northwest Territories, though the company also plans to evaluate diamond projects elsewhere in Canada and …
Metal Prices (January 29, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 23Jan. 22Jan. 19Jan. 18Jan. 17Aluminium1646/15…
Producer and Dealer Prices (January 29, 2001)
Antimony: Mid-mkt US$1,300/t.Bismuth: Mid-mkt US$3.90/lb.Cadmium: Mid-mkt US$0.21/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$11.45-13.75/lb.Copper: Comex March US$0.8485/lb.
Resource boost at Kemess
Vancouver — Northgate Exploration (NGX-T) has expanded the mineralized inventory at its Kemess North deposit in north-central British Columbia.Kemess North is 5.5 km north of the South pit, which is …
Partners active near Red Lake
Vancouver — Partners Rubicon Minerals (RMX-V) and AngloGold (AU-N) have begun a 450-metre program of diamond drilling at the Norseman geophysical target, 30 km northeast of Red Lake, Ont.Ground magne…
WAMIC to host ‘Night of the Groundhog’
The Women’s Association of the Mining Industry of Canada (WAMIC) Foundation is inviting miners in the Toronto region to shake off the winter blues at a special fund-raising event titled “The Night of …
Muskox dips on results
The much-anticipated drill results from the Keel 1 West geophysical anomaly turned out to be a fizzle of low grades. The anomaly is the smaller of two outlined in the Muskox layered intrusion, about 5…
Kennecott, Montello eye targets in Manitoba
Based on results from regional till sampling and follow-up airborne magnetic geophysics on the Poplar diamond project in Manitoba, Kennecott Canada Exploration and its partner, Montello Resources (MEO…