Northern Miner Indices (August 27, 2001)
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…
Barrick Gold Corporation
Silver Standard hits high-grade silver
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…
Northern Miner Indices (August 20, 2001)
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…
Golds evade Toronto stock slide
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…
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…
Silver Standard expands Manantial Espejo
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…
Northern Miner Indices (August 13, 2001)
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…
Placer’s Cristinas deal stirs up controversy
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…
Northern Miner Indices (August 06, 2001)
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…
Barrick profits clipped
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 …
Northern Miner Indices (July 30, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.8ComincoCLT-T4.9FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N5.0Homestake MiningHM-N6….
Homestake books new reserve at Veladero
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…