Homestake posts record gold output
Denver — With gold production up, Homestake Mining (HM-N) has reported its lowest cash costs in more than two decades.Fourth-quarter production hit a record 589,100 oz. gold, up 9% from the correspon…
News
Base metals survive sinking composite index
The Toronto Stock Exchange performed dismally during the report period Feb. 7-13, with the TSE 300 composite index sliding 359.27 points in five trading days and finishing at 8,942.13. The banks and t…
More high grades at Tulawaka
Drilling on the Tulawaka property in northern Tanzania has revealed more high-grade results for partners Barrick Gold (ABX-T) and Minires du Nord (MDN-T).The companies are focusing on the East zone, …
Gold weighs on miners
Denver — The Dow Jones industrial average slumped 54.1 points, or 0.5%, to close at 10,903.32 for the report period ended Feb. 13, as Comex gold, on the New York Mercantile Exchange, slid to US$260.3…
News – 12-FEB-01 (February 12, 2001)
De Beers Canada Mining has filed for a water licence and land-use permit to develop an underground diamond mine at Snap Lake in the Northwest Territories.The move came just days after the Canadian sub…
The Northern Miner — North American Mining Index (February 12, 2001)
69.29 (-0.41)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (February 12, 2001)
48.26 (-0.62)(Sept. 30/98 = 100)…
Staff Investment Policy (February 12, 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…
Zinc sluggish as slowdown starts
After several weeks of supply-dominated news, base metals markets paused for breath during the period Jan. 29-Feb. 2. Meanwhile, the latest economic data refused to shed much light on the depth and ex…
Radius discovery advances El Tambor
Guatemala City, Guatemala — Trench-sampling over 15 sq. km of the El Tambor project in Guatemala has outlined a new gold discovery for junior Radius Exploration (RDU-V).Over the past year, the Simon …
Latitude eyes option in Oregon
Denver — Junior Latitude Minerals (LTU-V) has signed a 60-day option agreement to acquire the Golden Revenue property in southwestern Oregon.The company is carrying out due diligence work, including …
GREATEST VALUE TRADED, JAN. 31-FEB. 6
ExchgVal($000s)HighLowCloseChangeAlcoa*N 851224 38.45 35.36 37.24 +1.82…