U.S. MARKETS — Dow soars as gold falls
The Dow Jones industrial average climbed 236.71 points, or 2.4%, during the report period ended March 16, briefly touching 10,000, before closing at 9930.47 points.However, it was bad news for miners …
Homestake Mining Company
Homestake bids for Argentina Gold — American miner to continue due diligence until deal closes
David Copperfield, take a seat. Lucas Lundin, director of Argentina Gold (ARP-V), has pulled off a feat that has surprised many.After urging shareholders to reject Barrick Gold’s (ABX-T) failed $5-per…
Companies (March 15, 1999)
Alberta EnergyAltius MineralsAnglo AmericanArgentina GoldAshanti GoldfieldsAshton Mining of CanadaAzimut ExplorationBarrick GoldBHP DiamondsBlack Hawk MiningBoreal ExplorationBroken Hill Pr…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow wipes out last week’s gains
The Dow Jones industrial average dropped 246.81 points for the report period ended March 2, to close at 9,297.61.Mining issues were mixed in modest trading, as metals prices held steady. New York Stoc…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — High-techs send market tumbling
Falling high-technology stocks pulled down the Dow Jones industrial average for the report period ended Feb. 9. The average closed down 141.09 points, or 1.5%, to 9,133.03.Mining companies were mixed …
Skyline funds program
Denver-based Royal Gold (RGLD-Q) will finance underground exploration on the Bronson Slope High claims of International Skyline Gold (SK-V). The claims are in the Iskut River region of northwestern Br…
Plug pulled on Pinson
Homestake Mining (HM-N) has closed the Pinson gold mine, near Winnemucca, Nev., after it failed to reach production targets.Pinson is a 50-50 joint venture with Barrick Gold (ABX-T). The mine was expe…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Higher prices buoy producers
A surge in gold and silver prices helped U.S. producers, while the Dow Jones industrial average slid 50.46 points (0.5%) to finish the report period ended Feb. 2 at 9,274.12.Gold producers benefited f…
Companies (February 08, 1999)
Aber ResourcesAlto MineralsAmeridex MineralsApex Silver MinesApogee MineralsArgentina GoldAsarcoAshanti GoldfieldsAvalon VenturesBand-Ore ResourcesBarrick GoldBeaufield Consolidated Resourc…
MINING MARKETS & INVESTMENT NEWS – U.S. MARKETS — Dow stable after mid-week dip
The Dow Jones industrial average dipped more than 200 points during the report period Jan. 20-26, though it recovered most of the loss in the last two days. The average finished down 30.64 points, or …
New mine openings were the silver lining in cloudy ’98
The global economy took a beating in 1998, perhaps the worst year for commodity prices since 1991, and the outlook for 1999 is believed, by many, to be lacklustre at best. In many cases these hardship…
MINING MARKETS & INVESTMENT NEWS – US MARKETS — Soaring Dow takes plunge
The Dow Jones industrial average soared early in the report period ended Jan. 12, only to fall off sharply on the last day of trading, starting a larger downward trend. Nevertheless, the average finis…