Pitwall slide halts production at Deep Post
Denver — Newmont Mining (NEM-N) has halted production at the Deep Post gold mine in northern Nevada following a pitwall slide on the southern side of the Betze-Post pit.The pit, which is operated by …
Denver — Newmont Mining (NEM-N) has halted production at the Deep Post gold mine in northern Nevada following a pitwall slide on the southern side of the Betze-Post pit.The pit, which is operated by …
Vancouver — Silver Standard Resources (SSO-V) has acquired Barrick Gold’s (ABX-T) 20% interest in the Manantial Espejo silver-gold project in southern Argentina.The junior issued 400,000 shares to Ba…
One of the few bright spots on the exploration front is Tanzania, where, in recent years, several majors have built sizable mining operations. In particular, Tan Range Exploration (TNX-V) is reporting…
Causing more sighs than cheers, the Toronto Stock Exchange 300 index sank 116.32 points over the holiday-shortened period Aug. 29-Sept. 4. The broad market ended the period at 7,462.03, for a loss of …
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…
CDNX-listed Lakota Resources (YLA-V) has concluded two agreements that give it conditional control over 12 mining claims just west of the Bulyanhulu gold mine in northern Tanzania.The claims are insid…
Strong gains among the interest-sensitive sectors helped move the Toronto Stock Exchange up over the period Aug. 22-28. The Bank of Canada took advantage of recent easing by the Federal Reserve Bank t…
Denver — Financial markets sank in response to the U.S. Federal Reserve’s latest quarter-point interest rate cut, sending the Dow Jones industrial average down 238.03 points, or 2.3%, for the report …
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…
Vancouver — Junior Silver Standard Resources has cut a thick sequence of silver mineralization at its wholly owned Bowdens deposit in New South Wales, 200 km northwest of Sydney.The high-grade inters…
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…
The Toronto gold stocks were higher over the report period Aug. 8-14, picking up substantial gains as the rest of the market declined. The Toronto Stock Exchange’s TSE 300 composite index was down 166…
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