While De Beers Consolidated Mines’ (DBRSY-Q) successful $5-per-share bid for Winspear Diamonds signalled a desperate wish to secure Canadian diamond production, its bid for Australia’s Ashton Mining s…
The Dow Jones industrial average turned in another slow week, falling 27.38 points (0.2%) to close at 11,233.23 for the report period ended Sept. 12.Spot gold on the Comex division of the New York Mer…
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T22.7ComincoCLT-T3.8FalconbridgeFL-T7.0Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.7Homestake MiningHM-N5….
Antimony: Mid-mkt US$1,750/t.Bismuth: Mid-mkt US$3.20/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$14.20-16.00/lb.Copper: Comex Dec. US$0.9205/lb.Indium: I…
Junior Berland Resources (BNL-V) has closed a brokered $350,000 private placement financing with Yorkton Securities to finance exploration at properties in Ontario and Manitoba.Berland will immediatel…
Though it remains in the red, Miramar Mining (MAE-T) reports that increased production at the Con and Giant mines in Yellowknife has strengthened its bottom line. Moreover, the company expects lower o…
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A summer drill program has expanded the newly discovered Libdorado gold zone and potentially added to the existing resource base at the Samira Hill/Libiri project in Niger, West Africa.Partners Etrusc…
After more than a century of production, the venerable Homestake gold mine in Lead, South Dakota, will cease mining and milling operations at the end of 2001.The decision to close America’s oldest gol…
ExchgVol(000s)HighLowCloseChangePlacer DomeT 15414 15.25 13.30 14.55 + 1.00…
Gold Funds as of September 7, 2000Dynamic MutualCentral FundNet Value$12.84$5.39Price…
Despite cost-cutting efforts, Imperial Metals (IPM-T) is still not producing profits at its Mount Polley and Huckleberry copper mines in B.C.The company lost $4.4 million, or 5 per share, on revenues…
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