Darnley Bay gears up for major program
The coming year promises to be a busy one for Darnley Bay Resources (DBL-V) as it continues to search for deposits of copper, nickel, platinum group elements (PGE) and diamonds in the Inuvialuit settl…
News
New economy shivers in dark . . . Old economy rides to rescue
If a picture is worth a thousand words, then the image of technology whiz-kids and their billionaire bosses shivering and staring at blank computer screens in California’s Silicon Valley speaks volume…
Analyst views Corner Bay as ‘silver lining in cloudy sector’
Just before leaving his post as mining analyst for Deutsche Bank, George Albino gave a thumbs-up to Corner Bay Minerals (BAY-T) for its steady progress at the Alamo Dorado silver project in Mexico’s S…
MOST ACTIVE ISSUES, JAN. 24-30
ExchgVol(000s)HighLowCloseChangeAlcoa*N 14252 35.62 33.50 35.42 +1.48…
Alcan earnings slide
With net income slipping 43% in the recent quarter, Alcan Aluminium (AL-T) is warning that a weaker economy may cut into aluminum demand.For the fourth quarter ended Dec. 31, 2000, the world’s second-…
Spot Prices Wed. January 31, 2001
Precious MetalsPrice (US$/oz.)ChangeGold$266.20+$0.50Silver$ 4.79+$0.02Platinum$605.00-$7.00…
LME Warehouse Levels (February 05, 2001)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 30/01 (change from Jan. 23 in brackets):MetalStock (tonnes)ChangeAluminium392900…
Exchange Rates (February 05, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJan. 30Jan. 29Jan. 26Jan. 25Jan. 24US$ in C$1.49851.50091.50631.5…
Staff Investment Policy (February 05, 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…
Lead, copper and zinc post gains
Some short-term relief looks likely for metals prices as three factors — volatile nearby spreads, an improving technical picture, and production cuts stemming from California’s power shortages — con…
Northern Miner Indices (February 05, 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….
Market eyes rate cut
Denver — The Dow Jones industrial average climbed 231.39 points, or 2.2%, to 10,881.20 during the report period ended Jan. 30, in anticipation of the 0.5% interest rate cut by the U.S. Federal Reserv…