Homestake sweetens deal for Prime Resources
Homestake Mining (HM-N) has upped the ante for the remaining 49.6% of Prime Resources (PRU-T).According to an agreement reached by the board of directors of each company, Homestake will grant Prime’s …
Homestake Mining Company
Tri Origin inks two deals
One new agreement and modification to an existing one are allowing Tri Origin Exploration (TOE-T) to explore for gold and base metals in Australia and central Nevada.In the Cobar region of New South W…
MINING MARKET & INVESTMENT NEWS — U.S. MARKETS — Wall Street on rocky road
After a rocky report period (Sept. 9-15), the Dow Jones industrial average ended fractionally higher. The average dived during the first half of the period, losing several hundred points, only to reco…
MINING MARKET & INVESTMENT NEWS — EASTERN MARKETS — TSE falls while resource markets mixed
The Toronto Stock Exchange experienced a broad trading range over the Sept. 9-15 report period, with the 300 index shedding 120.01 points to end at 5,857.04.Resource stocks were mixed, with the gold a…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Slumping prices hurt producers
The Dow Jones Industrial average fell 112 points (or 1.3%) during the report period ended Aug. 25, closing at 8,602.65.Slumping commodity prices, particularly for copper, continued their downward pres…
Companies (August 31, 1998)
Aber ResourcesAmbrex MiningAur ResourcesBHPBMR GoldBolidenBreakwater MiningCaledonia MiningCanreos MineralsChina Clipper Gold MinesCogema ResourcesCondor International ResourcesCornucopia ResourcesCry…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS –Dow plunges 300 in a day
The Dow Jones industrial average was off 447 points, or 5%, for the report period July 29-Aug. 4, after a precipitous drop of nearly 300 points on Aug.4. The average closed at 8,487.31 points, led by …
Companies (August 03, 1998)
Aber ResourcesAvalon VenturesBarrick GoldBattle Mountain GoldBHP DiamondsBolidenConsolidated Westview ResourcesDayton MiningDia Met MineralsDynatecEarl ResourcesEastmain ResourcesEldorado GoldEtruscan…
Eskay Creek spins out cash for Prime
Record production and lower cash costs at the Eskay Creek gold-silver mine in northwestern British Columbia are strengthening the bottom line of cash-rich Prime Resources Group (PRU-T).Besides Eskay C…
Companies (July 13, 1998)
AGC Americas GoldAlberta Star MiningAllican ResourcesAmblin ResourcesAmerica Mineral FieldsAMT International MiningAntares Mining & ExplorationArcon International ResourcesAsia Pacific ResourcesAtna R…
Prime committee retains advisor
The special committee of independent directors of Prime Resources Group (PUG-T), established to consider Homestake Mining’s (HM-N) bid for the 49.4% of Prime it doesn’t already own, has retained the s…
Companies (June 15, 1998)
Adex MiningAlta GoldAmax GoldAmericomm ResourcesAMT International MiningAnaconda NickelAnglo AmericanAntares Mining & ExplorationAnvil Range MiningArgentina GoldArizona Star ResourceAsarcoAtapa Minera…