Golds rise above broad market woes
Dragged down again by a troubled industrial sector, the Toronto Stock Exchange 300 index sank 251.43 points over the Nov. 15-21 report period to end the week at 9,013.86.Fairing a good deal better wer…
Placer Dome Inc
Northern Miner Indices (November 27, 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….
Analysts take shine to diversified juniors
At an in-house conference for the retail side of Yorkton Securities, mining analysts Douglas Leishman and Art Ettlinger highlighted seven diversified junior exploration companies that they regard as r…
November mean month for gold mining
The brutal combination of high costs and weak prices has forced several companies to suspend mining and development activities at gold projects that aren’t robust enough to survive an industry downtur…
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….
Bema gets squeezed by senior partners
Although gold prices remained below US$267 per oz. during the Nov. 8-15 report period, there was a steady stream of news from both major and junior gold companies.Down 5 to 41, Vancouver-based Bema …
Drilling confirms grade at Howards Pass
Results from eight diamond drill holes on the Howards Pass zinc-lead project in the Yukon confirm the potential for mineralization minable by open-pit methods.The drilling was carried out as part of a…
Juniors keep busy as gold slips below US$270
Gold stepped back into the spotlight during the Nov. 1-7 report period, as the Bank of England auctioned another 804,000 oz. (25 tonnes) at an allotment price of US$264.30 per oz.While the amount offe…
Zaldivar boosts Placer’s performance
Placer Dome’s (PDG-T) wholly owned Zaldivar copper mine is proving a significant contributor to the major’s bottom line. Situated in northern Chile, the open-pit, heap-leach operation added US$213 mil…
Northern Miner Indices (November 06, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6…
Old Economy holds firm as New Economy shakes
Bubbles don’t stay aloft forever, and the giant one propelling the much-ballyhooed New Economy was hit by a mean downdraft over our report period ended April 18. While bargain-hunters jumped in to kee…
Broad market rebounds but resource stocks mixed
Recouping over a quarter of the loss reported for the previous period, the Toronto Stock Exchange 300 index climbed 216.19 points between April 5 and April 11 to end the week at 9,358.03, or 2% higher…