The Northern Miner — Small Producers Index (January 24, 2000)
60.97 (-2.67)(Sept. 30/98 = 100)…
News
French dictionary targets engineers
Montreal’s cole Polytechnique and the Beauchemin Group have jointly published a French- language engineering and geology dictionary.Written by Mohamed Bouna-Aly, the Dictionnaire du gnie et des scie…
Get rich quick . . .without making money
The mining industry has been a whipping boy for environmentalists and anti-mining organizations for the past decade, but a recent column titled “They get the gold, we get the shaft,” in The National P…
Pulling up stakes
A few decades ago, I was summoned to the manager’s office of the German company for which I was working and told to stake a large property north of Saint John, N.B. “Be very diplomatic on this project…
PEOPLE (January 24, 2000)
Gold Canyon — Dr. Wayne Ewert, appointed geological advisor.Nord Pacific — John Griffith, Jr., appointed acting CFO.Foran — Gorden Glenn appointed president, CEO and director.
Earth older than thought
Core samples originally taken for gold mine exploration may change the scientifically accepted date of the Earth’s formation.Iron-rich rock formations dating to 2.3 billion years ago suggest that the …
Freeport lowest-cost copper producer
In the fourth quarter of 1999, Freeport-McMoRan Copper & Gold (FCX-N) held on to its position as the world’s lowest-cost producer of the red metal.At the company’s chief operating asset — the Grasber…
Bulls run in metals markets
Metals markets are looking increasingly bullish: copper and aluminum have both achieved new highs in the current cycle; nickel and zinc are trading at just below their recent highs; and even gold has …
Campbell’s production bounces back
The fortunes of Campbell Resources (CCH-T) are set to turn as production resumes at its two gold mines. Two new pits are operating at the Santa Gertrudis mine in Sonora state, Mexico, and a developmen…
Goldcorp boosts reserves
Underground delineation drilling by Goldcorp (G-T) has resulted in a 17% increase in reserves at the Red Lake mine in northwestern Ontario.Reserves in the High Grade zone now stand at 1.5 million tonn…
PRODUCER AND DEALER PRICES (January 24, 2000)
Antimony: Mid-mkt US$1,200/t.Bismuth: Mid-mkt US$4.05/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$13.70-15.60/lb.Copper: Comex Mar. US$0.866/lb.Indium: In…
Miners mixed despite gold’s rise
The Dow Jones industrial average rose to a new high above 11,700 points during the report period ended Jan. 18, only to fall back to 11,560.72, a gain of only 49.64 points, or 0.4%.Spot gold on the Co…