MacMillan to test for Peruvian gold
An exploration program by MacMillan Gold (MMG-T) will test a newly optioned gold property 200 km south of the Pierina gold deposit (owned by Barrick Gold) in western Peru.MacMillan signed an option ag…
Barrick Gold Corporation
Barrick pulls plug on El Indio, Tambo — Three other mines slated for shutdown in 1999
Having tried, and failed, to turn around the Chilean operations of the former Lac Minerals, Barrick Gold (ABX-T) has moved to wipe the under-performingoperations off its books.The company has announce…
STOCK MARKET — TSE climbs despite light trading and weak metal markets — SouthernEra knocks ’em dead following African success
Despite a slow week in trading and depressed metal markets, the Toronto Stock Exchange 300 composite index rose 126.24 points to finish the report period ended Sept. 9 at 6,799.52.The Canadian dollar …
Romarco finds high-grade gold at Dixie
The Midas district of northern Nevada is known for hosting high-grade gold mineralization, and Romarco Minerals (R-T) is showing that its Dixie claims are no exception.While drilling the southern port…
STOCK MARKETS — A short week and a slow one on Bay Street — Golds and base metals show signs of weakness in a quiet market
The Toronto Stock Exchange traded in a narrow range over the report period Aug. 27-Sept. 2, with its bellwether index finishing not far from where it started. The TSE 300 composite index closed Sept. …
LITERATURE REVIEW — NEWS ROUNDUP — Black Pearl expands near Timmins
Black Pearl Minerals (BLKP-C) has struck a deal with Pentland Firth Ventures (pfo-t) to acquire a half interest in three claim blocks in Tully Twp., near Timmins, Ont.For its interest, Black Pearl, ov…
STOCK MARKETS — TSE lives through another selloff — Metals and golds keep sinking as
broad market recoversLike its counterparts around the world, the Toronto Stock Exchange was hit by a correction on Aug. 15. But the TSE 300 composite index rallied on Aug.19 to recover most of the los…
STOCK MARKETS — Golds take the lead in recovery on Toronto markets — Gold and precious metals sub-index soars 440.31 points
For the first time in months, gold stocks led the Toronto Stock Exchange, as the modest rebound in the price of the yellow metal helped most gold stocks rise in the report period ended Aug. 12.The TSE…
Royalty sisters report mixed quarter
Rescheduling of operations at Barrick Gold’s (abx-t) Goldstrike project in Nevada has boosted first-quarter earnings for Euro-Nevada Mining (an-t), while impeding those of sister company Franco-Nevada…
STOCK MARKETS — Vancouver’s mining index heads skyward — Solid drill results from several projects bolster western markets
The Vancouver Stock Exchange composite index gained 9.46 points over the report period ended Aug. 12 to close up 1.1% at 834.3, whereas the mining index finished 13.71 points higher at 753.93, for a g…
EDITORIAL — The spread between cash costs and all-in’ costs — Mining ore
. . . or not?Maurice Brown, former editor and publisher emeritus of The Northern Miner, was an enthusiastic supporter of the mining industry during his 43 years with the paper. Mort, as he is affectio…
High Desert Minerals rolls in royalty interests
High Desert Minerals (hdr-v) has entered into a non-arm’s-length letter of intent to merge with Royal Hal, SLH and Gold Trend — private companies owned by Sean and Lee Halavais.The Halavaises are the…