Carlin’s underground to be studied at Elko Expo
The newly formed Western Underground Mining Association (WUMA) will present the first Underground Mining conference, to be held June 18-19, during the 13th Elko Mining Expo in Elko, Nev.The conference…
Hecla Mining Company
Warren Buffet takes stake in silver
The price of silver was given a boost last week when American investment guru Warren Buffet announced that his company, Berkshire Hathaway, had taken a large stake in bullion silver.The price of the m…
Companies (February 16, 1998)
Adrian ResourcesAlberta EnergyAltavista MinesAlto MineralsAmax GoldAmerican Mineral FieldsAmerican TechnologyExplorationAnglo AmericanAshton Mining of CanBarrick GoldBattle Mountain GoldBema GoldBirim…
Companies (January 12, 1998)
Agarwal ResourcesAlta GoldAmax GoldAmerica Mineral FieldsAnglo AmericanArchangel DiamondAur ResourcesBelvedere ResourcesBolidenBre-X MineralsBYG Natural ResourcesCanarc ResourceCompanhia Vale do Rio D…
INSIDER TRADING — U.S. insiders bullish on their stocks
Trading reports from the United States show insiders bought more than they sold during these past few months of depressed metals prices.The trend shows the insiders are picking up shares while the pri…
Gold industry pulls in its horns — Rating service downgrades producers; Kinross to close QR
The gold price plunged again over the past week, crashing through its Feb.25, 1985, low of US$284.25 on Dec. 9, and causing further concern that gold producers will be forced to close their highest-co…
Companies (December 15, 1997)
Adrian ResourcesAGC Americas GoldAgnico Eagle MinesAlto MineralsAmax GoldAmbrex MiningAntares Mining and ExplorationAnvil RangeArmada GoldAtna ResourcesAurizon MinesBand-Ore ResourcesBanro ResourcesBa…
STOCK MARKET — Mining index follows suit as western markets slacken — Interest sustained in Eastern European gold plays and Territorial diamonds
Western markets remained flat over the report period ended Sept. 9. The Vancouver Stock Exchange composite index was off less than a point, closing at 841.54, while the mining index slipped 9.38 point…
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…
ConSil increases Mexican resource
Idaho-based ConSil (CS-V) will buy the assets of Minas la Colorada, a Mexican company which owns two silver mines in Zacatecas state.ConSil reached the agreement with the principal shareholders of Min…
NEVADA — Merger with Santa Fe pushes Newmont to top spot — Half of 1997 exploration and development costs earmarked for Nevada projects
With anticipated gold production of 3.7 million oz. in 1997 and 4.1 million oz. in 1998, Newmont Mining (NEM-N) is now North America’s largest producer of the yellow metal. In the world, it is second …
NEVADA — Rosebud gold deposit blossoms by entering commercial production
Commercial gold and silver production is under way at the Rosebud underground mine, 58 miles west of Winnemucca.Ownership of the mine, where reserves are pegged at 1.3 million tons grading 0.39 oz. go…