Northern Miner Indices (August 20, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Placer Dome Inc
Golds evade Toronto stock slide
The Toronto gold stocks were higher over the report period Aug. 8-14, picking up substantial gains as the rest of the market declined. The Toronto Stock Exchange’s TSE 300 composite index was down 166…
Drills to turn at White Gold
Vancouver — Placer Dome (PDG-T) and Grayd Resources (GYD-V) are about to launch a 1,200-metre drill program at the White Gold property near Tok, Alaska.Placer, which is funding the program as part of…
Northern Miner Indices (August 13, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Placer’s Cristinas deal stirs up controversy
Although trading volumes were low during the holiday-shortened report period of Aug. 1-7, there were nonetheless several developments in the Canadian mining scene.Reuters reported that Venezuelan stat…
Placer bucks trend, posts profit
Vancouver — A strong second quarter augurs well for Placer Dome (PDG-T) as the company sets about developing various deposits to replace its aging mines.The major cranked out 747,000 oz. gold during …
Claude, Corner Bay top picks in junior sector
The high-tech boom may be almost over on North American equity markets, but junior mining companies are still having a tough time getting noticed by investors. Even smaller brokerage firms that once f…
Northern Miner Indices (August 06, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Northern Miner Indices (July 30, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.8ComincoCLT-T4.9FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N5.0Homestake MiningHM-N6….
Vannessa releases details of Las Cristinas deal (July 30, 2001)
Junior Vannessa Ventures (VVV-V) has purchased a 95% interest in the Las Cristinas gold project in Venezuela for a “nominal” amount of cash and the assumption of the project debt owed to vendor Placer…
Vannessa bucks downward trend
Gripped by the summer doldrums, the Canadian Venture Exchange composite index dropped 31.58 points, or 1%, to finish the report period ended July 24 at 3,073.7. The mining index remained relatively un…
Hedging boosts Placer Dome’s results
Helped by a hedging program that generated a US$50-premium for every ounce of gold produced at its international stable of mines, Placer Dome (PDG-T) posted a US$49-million profit for the first six mo…