Pace falls off for Akrokeri-Ashanti
Thanks to lower gold prices and grades, Akrokeri-Ashanti Gold Mines (YAG-V) wasn’t able to keep up the record-setti…
Articles by Northern Miner Staff
Trading Summary (August 13, 2001)
The gold and precious minerals subindex put in the best percentage gain on Monday, rising 130.67 points, or 2.75%,…
Northern Miner Indices (August 13, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
TSE Shorts (August 13, 2001)
Short positions outstanding at July 31, 2001Larger individual positions include:Agnico-Eagle 399893 up 193974; Alcan Inc. 1179917 down 135266; Anderson 5,367,864 up 741,970; Barr…
Placer’s Cristinas deal stirs up controversy
Although trading volumes were low during the holiday-shortened report period of Aug. 1-7, there were nonetheless several developments in the Canadian mining scene.Reuters reported that Venezuelan stat…
Mining index leads rally for CDNX
Trading on Canada’s junior exchange perked up during the holiday-shortened week. The Canadian Venture Exchange composite index closed the period ended Aug. 7 at 3098.27, up 35.26 points (or 1.1%). The…
The Northern Miner — North American Mining Index (August 13, 2001)
69.06 (-1.05)(Sept. 30/98 = 100)…
Twin cuts pipe at Jackson Inlet
Drilling on the Jackson Inlet property at Baffin Island in Nunavut has uncovered a kimberlite known as Cargo 1.Twin Mining (TWG-T) recovered 83.2 metres of kimberlite from the first hole drilled into …
The Northern Miner — Small Producers Index (August 13, 2001)
44.81 (-0.65)(Sept. 30/98 = 100)…
Ivanhoe accelerates Mongolian exploration
Impressed by results to date, Ivanhoe Mines (IVN-T) has decided to drill another 16,000 metres at its Turquoise Hill copper-gold porphyry project in southern Mongolia.Situated 560 km south of the capi…
Star falls at Black Lick
After processing 2,2021 tons of lamproite material, Star Resources (SRR-V) recovered only 0.38 carat of diamonds from the Black Lick prospect in Pike Cty., Ark.The bulk-sample, which captured only dia…
Freewest inks deal with Fancamp Exploration
Montreal-based junior Freewest Resources Canada (FWR-M) is expanding its area of interest around the Clarence Stream high-grade gold discovery in southwestern New Brunswick.The company has entered int…