Dow begins year on down beat
Denver — During the holiday-shortened report period Dec. 27, 2000-Jan. 2, 2001, U.S. markets showed little movement: the Dow Jones industrial average began the first trading day of 2001 down 1.3%, wh…
News
The Northern Miner — North American Mining Index (January 08, 2001)
75.27 (-3.26)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (January 08, 2001)
44.08 (+0.16)(Sept. 30/98 = 100)…
NDT encouraged by Antana results
A first pass of drilling at the Antana gold prospect in southern Peru has returned some highly encouraging numbers for NDT Ventures (NDE-V), including 86 metres grading 1.46 grams gold per tonne.NDT t…
Flow-through share financings benefit Canuck juniors
Vancouver — Companies with Canadian projects are finding willing investors for flow-through share issues, which provide investors with tax deductions on exploration expenses.- Canabrava Diamond (CNB-…
Staff Investment Policy (January 08, 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…
Friedland, EPA settle Summitville suit
Denver — Mining financier Robert Friedland has reached a settlement with the U.S. and Colorado governments to end four and a half years of legal wrangling over an environmental cleanup of the Summitv…
Metal Prices (January 08, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateJan. 2Jan. 1Dec. 29Dec. 28Dec. 27Aluminium1566.50/1…
More diamonds reported from Destiny
Surface sampling at the Destiny diamond showing, 25 km north of Wawa, Ont., has yielded additional diamonds from a lamproite dyke.The sampling, by Pele Mountain Resources (YPN-V), recovered 42 diamond…
Charges ruled out in Frailes spill
A Spanish judge has ruled that criminal charges should not be laid in connection with the April 1998 tailings spill at the Los Frailes base metal mine in southwestern Spain, owned by a subsidiary of B…
Group saves historic core samples from McIntyre
The mine buildings belonging to the now-defunct McIntyre gold mine, near Timmins, Ont., which produced 10.8 million oz. of gold over its 76-year life, will succumb to the wrecker’s ball over the next …
Producer and Dealer Prices (January 01, 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$0.8625/lb.Indium: …