Northern Miner Indices (November 20, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6ComincoCLT-T4.0FalconbridgeFL-T6.9Franco-Nevada MiningFN-T5.3Freeport McMoRan Cop’r BFCX-N4.6Homestake MiningHM-N4….
Newmont Mining Corporation
Dow awaits election results
Denver — The Dow Jones industrial average paused for the U.S. election, falling a mere 18.96 points, or 0.2%, to close at 10,952.18 for the week ended Nov. 7, while mining issues continued their desc…
Eight new members inducted into National Hall of Fame in US
Eight new members have been inducted into the National (U.S.) Mining Hall of Fame in Leadville, Colo.The ceremony was held at the Las Vegas Hilton and hosted by Dr. Thomas Falkie, chairman of Philadel…
Weak gold price spells loss for Newmont
Denver — Despite strong cash flow, Newmont Mining (NEM-N) incurred a loss of US$18.7 million (or 11 per share) in the third quarter, compared with a loss of US$39 million (23 per share) in the corr…
Dow leaves miners behind
Denver — The Dow Jones industrial average bounded up 578.07 points, or 5.6%, during the report period ended Oct. 31, erasing losses from two weeks ago, though mining issues were mixed.Spot gold on th…
Northern Miner Indices (November 06, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6…
International Wayside hits hot values
Junior International Wayside Gold Mines (IWA-V) has encountered a previously unknown style of gold mineralization in the footwall of the BC Vein at its Cariboo project in the Quesnel Highlands of cent…
Yanacocha gold mine possibly world’s best: analyst
Having produced 1.7 million oz. gold at a total cash cost of US$103 per oz. last year, the Yanacocha mine in Peru now ranks as the largest gold producer in the Americas. Geoff Stanley, a mining analys…
Dow pulls back from big loss
The Dow Jones industrial average suffered a staggering drop during the report period ended April 18, though late-week trading cut the losses to 4.6%. The Dow ended the week down 519.66 points at 10,76…
Newmont plans program for McQuesten
The Canadian exploration arm of Newmont Mining (NEM-N) is teaming up with NovaGold (NRI-T) to explore the McQuesten property in the Yukon’s Keno Hill mining district.McQuesten hosts two zones that hav…
Dow Jones edges higher
The Dow Jones industrial average climbed 122.24 points, or 1.1%, during the report period ended April 11 to close at 11,287.08, as investors continued fleeing high-tech stocks on the Nasdaq.Spot gold …
Low prices take toll on gold mines
The prolonged slump in gold prices has taken its toll on a number of low-grade, bulk-tonnage gold projects in South America, leaving only a handful of robust projects able to survive the rocky road to…