Companies (November 09, 1998)
American CopperAnglogoldAntares Mining & ExplorationAnzex ResourcesAranlee ResourcesArgentina GoldArizona Star ResourceAscot ResourcesBalaclava MinesBarrick GoldBattle Mountain GoldBema GoldBlack Hawk…
Barrick Gold Corporation
Homestake gains ground in Argentina
Homestake Mining (HM-N) has agreed to purchase all exploration properties in southern Argentina that are held by Australian-based Western Mining Corp. (WMC).The company will pick up 900,000 acres in R…
Semafo drops merger talks
A proposed merger between Semafo (SMF-T) and High Desert Mineral Resources (HDR-V) has gone off the rails.The parties were unable to reach an agreement with respect to the terms of their proposed busi…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Toronto Stock Exchange rallies while gold slips
The good news: the Toronto Stock Exchange 300 index climbed 299.37 points during the report period Oct. 28-Nov. 3, to end the week at 6,296.51. The bad news: gold was devalued once again, dropping US$…
Still more good results for AG at Amable
Drilling on the Amable target in San Juan province has yielded more encouraging results for Argentina Gold (ARP-V).The target is part of the Veladero project, in which Argentina Gold holds a 60% inter…
OBITUARY — Robert Smith
Robert M. Smith, a mining engineer who was often described as “the soul” of Barrick Gold, died Oct. 27 in a Toronto hospital from complications resulting from surgery. He was 66.While Chairman Peter M…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Producers focus on cost-cutting in absence of gold rally
A year ago, mining companies talked mostly about their expanding reserves and resources. At the recent Mining Investment Forum in Denver, gold producers were grilled by mining analysts and fund manage…
AG hits more gold at Amable
In a market starved for trading opportunities, investors are keeping a close eye on Argentina Gold (ARP-V). The Vancouver-based junior has released more encouraging drill results from the Amable targe…
Companies (November 02, 1998)
Agnico-EagleAmerican CopperAnglogoldArgentina GoldAur ResourcesAurogin ResBarrick GoldBattle Mtn GldBema GoldBirim GoldfieldsCanspar ResComaplex MinComincoCopper RidgeCopperquestCornucop…
Barrick leaves Chesbar on its own
Barrick Gold (ABX-T) has advised Chesbar Resources (CBI-M) that it will not proceed with further investment in the company and will therefore forfeit its rights at the junior’s gold properties in the …
Companies (October 26, 1998)
Aber ResourcesAlta GoldAltius MineralsArgentina GoldAtna ResourcesBarrick GoldBHP MineralsBolidenBuchans RiverCaledonia MiningCamecoCanaco ResourcesChesbar ResourcesComincoCopperQuestDarnley Bay Resou…
Argentina Gold pulls hot values from Amable property
Argentina Gold (ARP-V) has tabled some impressive drill results from the Amable target on the Veladero project in San Juan province.Hole 80 returned 212 metres grading 3.67 grams gold and 47.71 grams …