LME Warehouse Levels (January 08, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 2/01 (change from Dec. 22/00 in brackets):MetalStock(tonnes)ChangeAluminium298925…
News
Storliden deposit green-lighted
Swedish-listed North Atlantic Natural Resources, in which Boliden (BOL-T) and South Atlantic Resources (SCQ-V) each own a 38% equity stake, has resolved a dispute pertaining to the environmenta…
Majescor raises $2.2m
Quebec City-based Majescor Resources (MAJ-M) has arranged a $2.2-million private placement with investment dealer Canaccord Capital. Proceeds are earmarked for diamond exploration in northern Quebec.T…
Gold Funds (January 08, 2001)
Gold Funds as of Dec. 28 2000Dundee Precious MetalsCentral FundNet Value$11.52$5.34Price…
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: …
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.
Testing the testers
In the recent evaluation of mineral industry standards, questions were raised about the reliability of assays. Now in its fourth year, The Proficiency Testing Program — Mineral Analysis Laboratories …
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)…