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Metal Prices (January 01, 2001)

DateDec. 26Dec. 25Dec. 22 Dec. 21Dec. 20BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)AluminiumHolidayHoliday1559/15571534.50/1535.501575/1573.50A…


Staff Investment Policy (January 01, 2001)

The Northern Miner does not permit any editorial employee to file stories about companies in which the writer owns shares. Editorial employees are also not permitted to take part in initial public off…


Gabriel exec cashes in warrants

Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:- Copper Ridge Explorations (KRX-V) — Gerald Carlson, director, bought 3,50…


Orval Gillespie

Orval Gillespie, chairman and chief executive officer of Vancouver-based Globaltex Industries, has died. He was 69.In the 1950s, Gillespie first worked as a diamond driller in the Maritimes and then m…


Royal secures US$10m

Denver — Royal Gold (RGLD-Q) has reached an agreement with HSBC Bank USA for US$10 million in financing. The funds will be used to acquire royalty assets.The financing will be secured by a mortgage o…


All flat on the western front

Vancouver — Canada’s junior exchange remained flat leading up to the Christmas holidays. For the 3-day report period ended Dec. 26, the Canadian Venture Exchange composite index was relatively unchan…




Cumberland gets $1.3m

Cumberland Resources (cbd-t) has closed a private placement for 1.2 million units that will bring in about $1.3 million for work at the Meadowbank gold project in Nunavut.A million of the units are be…


Discoveries by McWatters, Noranda highlight 2000

The dreary state of metal markets failed to deter several domestic explorers from advancing their projects in 2000. Leading the pack was McWatters Mining, which began the year with a fourfold increase…


Rio outlines diamond project

Denver — Rio Tinto (RTP-N) has tabled a new resource estimate for the Murowa diamond project in south-central Zimbabwe.A feasibility study confirms the presence of mineralization in three kimberlites…


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