Merger costs hurt first quarter for Newmont
Denver — Newmont Mining (NEM-T) posted a loss in the first three months of the year, worsened by non-recurring it…
Articles by Northern Miner Staff
Uranium prices hurt Cameco
Lower uranium prices took a big bite out of Cameco’s (CCO-T) net earnings in the first three months of 2001.Dur…
Silver Standard takes Barrick’s stake
Vancouver — Silver Standard Resources (SSO-V) has inked a deal with Barrick Gold (ABX-T) to pick-up the major’s 20…
Trading Summary (May 01, 2001)
The Toronto Stock Exchange shed 0.33 point on Tuesday to end at 78,946.3. The Gold & Precious Minerals subindex saw…
Teck and Cominco feel the urge to merge
Vancouver — Continuing the trend towards consolidation in the mining industry, two of Canada’s oldest mining firms…
AngloGold posts improved first quarter
Denver — A solid operating performance by AngloGold (AU-N) improved net earnings to US$43 million (or 40 per shar…
Weak currencies hurt Homestake’s bottom line
Denver — Weakening of the Australian and Canadian dollars (relative to the U.S. dollar) forced Homestake Mining (H…
Liquidation under way at Andacollo
Vancouver — Having closed its Andacollo gold mine in central Chile late last year, Dayton Mining (DAY-T) has initi…
Partners sell Hope Bay neighbour
Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) have agreed to sell to Sherwood Petroleum (SWD-V) 11 crown mineral…
Diamondex cuts new kimberlite at Carat
Ongoing drilling by Diamondex Resources (DSP-V) at the Carat property, 350 km northeast of Yellowknife, N.W.T., has…
Trading Summary (April 30, 2001)
The Toronto Stock Exchange fell 20.74 points to 7,946.6 on Monday. Leading the four advancing subindexes was the In…
TSE Shorts (April 30, 2001)
Short positions outstanding at April 15, 2001Larger individual positions include:Agnico-Eagle Mines Ltd. 290,530 up 118,218; Alcan Inc. 748,548 down 343,949; Anderson Exploration Ltd. 4,7…