FACTS ‘N’ FIGURES — Spending peak has passed
Spending on mineral exploration worldwide likely peaked in 1997, according to a report released by Halifax, N.S.-based Metals Economics Group.Entitled Corporate Exploration Strategies: A Worldwide Ana…
Newmont Mining Corporation
U.S. markets — Stocks mixed as Dow rebounds
The Dow Jones Industrial average erased its losses from last week to end the report period of April 29-May 5 up 248.61 points (or 2.8%). The average tested the 9,200-mark earlier in the week, only to …
U.S. MARKETS — Dow follows gold’s decline
The Dow Jones Industrial average was down over the April 22-28 report period, closing at 8,898.96 on fears of higher interest rates in the bond market. The Dow slipped 285.98 points (or 3.1%), includi…
MINING MARKETS AND INVESTMENT NEWS — Royal insiders exercise options
Senior management exercised options for Royal Gold (RGLD-Q) during January.According to filings with the U.S. Securities and Exchange Commission, President Peter Babin and Chairman Stanley Dempsey eac…
ODDS ‘N’ SODS — Roads to riches
Much has been written about the exploration and development of mines in Canada, but little about the roads that service them.In the old days, access to a site was provided by water or rail. However, a…
Companies (April 27, 1998)
Abacus MineralsAlta GoldAmax GoldAnglo AmericanArian ResourcesAtapa MineralsAurado ExplorationBattle Mountain GoldBema GoldBice VenturesBlue Ribbon ResBreakwater ResBroken Hill ProprietaryCamecoCampho…
U.S. MARKETS — Dow ends on new high
The Dow Jones Industrial average closed the April 15-21 report period at a record high of 9,184.94. The average was up 74.74 points, or 0.8%, for the week.A surge in the price of gold late in the repo…
Kinross eyes stake in True North
Through a private placement in La Teko Resources (LAO-V), Kinross Gold (K-T) has demonstrated its interest in purchasing the majority share of the True North deposit in Alaska, held by Newmont Mining …
MINING MARKETS AND INVESTMENT NEWS — U.S. markets — Dow climbs through 9,100
The Dow Jones Industrial average ended the April 8-14 report period on a high note, closing above the 9,100 mark for the first time. The average was up 153.70 points, or 1.7%, for the week.On the New …
Companies (April 20, 1998)
Almaden ResourcesAmax GoldAnzex ResourcesArchangel DiamondAshton Mining of CanadaAsia Pacific ResourcesAvminBarrick GoldBattle Mountain GoldBema GoldBHP MineralsInternationalBirim GoldfieldsBlack Hawk…
Hebron picks up gold properties
Just months after Mazarin Mining (MAZ-T) announced that it would shift its focus back to industrial minerals, the company has found a buyer for its gold properties in Hebron Fjord Resources (HEF-M).In…
OBITUARY — Andrew Troop
Andrew Troop, the former manager of Icon Syndicate, has died. He was 72.A native of Manitou, Man., Troop obtained his bachelor’s and master’s degrees, both in science, from the University of Manitoba….