Black Hawk remains in the black during quarter
Toronto-based Black Hawk Mining (BHK-T), owner and operator of the Keystone gold mine in Manitoba, has posted a strong first quarter.During the 3-month period ended March 31, the company earned $1.33 …
Barrick Gold Corporation
MINING MARKETS AND INVESTMENT NEWS – WESTERN MARKETS — South Voisey’s Bay juniors’ stock slips as drilling starts
The Vancouver Stock Exchange composite index slid 7.28 points, or 1.2%, to close the May 6-12 report period at 623.83. The mining index followed suit, losing 13.67 points, or 2.8%, to close at 474.97….
MINING MARKETS AND INVESTMENT NEWS — EASTERN MARKETS — Producers suffer falling metal prices, but TSE manages to hang on
The Toronto Stock Exchange 300 index sustained a minor loss during the report period May 6-12, dropping just 2.42 points to end at 7,717.70. The index, however, fared better than the gold and precious…
Companies (May 18, 1998)
Abacus MineralsAber ResourcesAdrian ResourcesAlberta EnergyAnglo AmericanAnglogoldAshanti GoldfieldsAshton Mining of CanadaAur ResourcesAurado ExplorationAurizon MinesBarrick GoldBattle Mountain Canad…
La Manchuria assays lower than anticipated
Assay results from the last five holes drilled on the Manchuria gold-silver property in Argentina did not match results from hole LM-2, Abacus Minerals (AMC-V) has reported.Hole LM-3 intersected 24.1 …
Anglo options Barrick’s African properties
In a move its chairman described as “pulling in our horns,” Barrick Gold (ABX-T) has dealt options on its West and Central African gold projects to South African-based mining house Anglo American.The …
Companies (May 11, 1998)
Abacus MineralsAfrican Selection MiningArchangel DiamondAur ResourcesBarrick GoldBolidenBreakwater ResourcesBre-X MineralsCaledonia MiningCambiorCimarron MineralsCondor Int’l ResourcesDia Met Minerals…
FACTS ‘N’ FIGURES — Spending peak has passed
Spending on mineral exploration worldwide likely peaked in 1997, according to a report released by Halifax, N.S.-based Metals Economics Group.Entitled Corporate Exploration Strategies: A Worldwide Ana…
MINING MARKETS AND INVESTMENT NEWS — Western markets — Bad exploration news hits Winspear share price
The Vancouver Stock Exchange mining index reflected a lacklustre performance in precious and base metal prices, slipping 1.37 points, or 0.3%, to close at 488.64 over the April 29-May 5 report period….
Abacus hits hot values at La Manchuria
Abacus Minerals (AMC-T) has received results from the first two holes of its recently completed first-phase drill program at the La Manchuria property in Argentina’s Santa Cruz province.Both holes enc…
MINING MARKETS AND INVESTMENT NEWS — Analysts watch Abacus in Argentina
Russ Cranswick, analyst with Research Capital, is keeping a close eye on the activities of Abacus Minerals (AMC-V) at La Manchuria, a gold-silver property in Argentina’s Santa Cruz province.The curren…
Moneta to seek new partner for Michaud
A subsidiary of Barrick Gold (ABX-T) has dropped its option to earn a 60% interest in 52 of the 138 claims that comprise the Michaud property, near Timmins, Ont.Lac Exploration has opted to forgo furt…