Pan American in red despite higher output
Vancouver — Despite an increase in production, Pan American Silver (PAA-T) suffered a loss in the second quarter, reflecting a 26-year low for silver prices.The company posted a net loss of US$2.8 mi…
Vancouver — Despite an increase in production, Pan American Silver (PAA-T) suffered a loss in the second quarter, reflecting a 26-year low for silver prices.The company posted a net loss of US$2.8 mi…
Vancouver — Following a drill program at the Manantial Espejo silver-gold deposit in southern Argentina, Silver Standard Resources (SSO-V) has increased its indicated silver-equivalent resource at th…
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…
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…
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…
Lower production and higher power costs at key mines took a bite out of Barrick Gold’s (ABX-T) second-quarter earnings, but the major says it still expects year-end earnings to ring in at about US70 …
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.8ComincoCLT-T4.9FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N5.0Homestake MiningHM-N6….
Further drilling by operator and 60% owner Homestake Mining (HM-N) at the Veladero property in the Argentine Andes has nearly doubled gold reserves and upped silver reserves by 60%. But engineering wo…
While gold prices sat in a listless, US$265-per-oz. funk during the July 11-17 report period, there was a flurry of news from Canada’s biggest gold miners.Placer Dome announced an eleventh-hour deal t…
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.8ComincoCLT-T4.9FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N5.0Homestake MiningHM-N6….
The success of Barrick Gold’s (ABX-T) Bulyanhulu mine has been a shot in the arm for junior companies exploring properties in Tanzania’s Lake Victoria district. The senior producer recently exercised …
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.8ComincoCLT-T4.9FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N5.0Homestake MiningHM-N6….
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