Companies (May 31, 1999)
Aconic MiningAlto MineralsArmada GoldAshanti GoldfieldsAvalon VenturesBand-Ore ResourcesBarrick GoldBattle Mountain GoldBillitonCamecoCampbell ResourcesColumbia Gold MinesComincoCrown ResourcesCSA Man…
Newmont Mining Corporation
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Gold plummets
The Dow Jones industrial average was off 189.2 points for the report period ended May 18, closing at 10,836.95 on renewed fears of inflation.Gold continued to slide further following an announcement b…
Companies (May 17, 1999)
Abacus MineralsAber ResourcesAlberta EnergyAmerica Mineral FieldsAnatolia Minerals DevelopmentAnzex ResourcesArgosy MiningAshanti GoldfieldsAshton Mining of CanadaAsia MineralsAthlone Minera…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Falling gold wipes out gains
The Dow Jones industrial average climbed 140.04 points, or 1.3%, to 11,026.15 during the report period ended May 11.Heavy trading marked the week as the bottom fell out of the gold price after the Bri…
Newmont’s Batu Hijau nears completion
The huge Batu Hijau copper-gold mine on the Indonesian island of Sumbawa is 90% complete and due to enter production in the fourth quarter. Commercial production is expected to follow in the first qua…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Dow cracks 11,000, recedes
The Dow Jones industrial average broke through the 11,000 level one month after surpassing 10,000, but could not hold its position. It ended the April 26-May 4 report period up 54.4 points, or 0.5%, a…
Companies (May 03, 1999)
AnglogoldArgentina GoldArgosy MiningAsarcoAshanti GoldfieldsAshton MiningAtna ResourcesB.Y.G. Natural ResourcesBarrick GoldBattle Mountain GoldBolidenBroken Hill ProprietaryCaldera ResourcesCalliope M…
TVX forms partnership with Normandy — Development of Olympias to precede Skouries
In a move aimed at cleaning up its balance sheet and financing its overseas projects, TVX Gold (TVX-T) has formed a partnership with Australia’s largest gold producer.The mid-tier producer is selling …
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Dow eyes 11,000 mark
The Dow Jones industrial average rose 383.16 points, or 3.7%, in the report period ended April 27 to finish at a new high of 10,831.71, closing in on the 11,000 mark.Mining issues were mixed as gold a…
Converse resource doubles
A new resource calculation for the Converse gold deposit in Humboldt Cty., Nev., indicates there may be a substantially larger resource than had previously been estimated.Consulting firm Mine Developm…
MINING MARKETS & INVESTMENT NEWS — U.S. MARKETS — Metal prices send miners soaring
The Dow Jones industrial average edged up 53.54 points, or 0.5%, during the report period ended April 20 to close at 10,448.55, as strong commodity prices lit a fire under resource companies. Miners r…
LATIN AMERICA — Yanacocha number-one gold producer in Latin America
The Yanacocha operation in northern Peru’s Andes Mountains held its status as the top gold producer in Latin America in 1998, turning out 1.34 million oz. with full production from a fourth mine and s…