Companies (November 09, 1998)
American CopperAnglogoldAntares Mining & ExplorationAnzex ResourcesAranlee ResourcesArgentina GoldArizona Star ResourceAscot ResourcesBalaclava MinesBarrick GoldBattle Mountain GoldBema GoldBlack Hawk…
Placer Dome Inc
Careers (November 09, 1998)
Placer Dome…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Toronto Stock Exchange rallies while gold slips
The good news: the Toronto Stock Exchange 300 index climbed 299.37 points during the report period Oct. 28-Nov. 3, to end the week at 6,296.51. The bad news: gold was devalued once again, dropping US$…
MINING MARKETS & INVESTMENT NEWS — INVESTMENT COMMENTARY — Producers focus on cost-cutting in absence of gold rally
A year ago, mining companies talked mostly about their expanding reserves and resources. At the recent Mining Investment Forum in Denver, gold producers were grilled by mining analysts and fund manage…
Economics improved at Cristinas
Placer Dome (PDG-T) has reduced the anticipated average production costs at its 70%-owned Las Cristinas gold project in southeastern Venezuela.The reduction of operating costs and the increase in prod…
Companies (November 02, 1998)
Agnico-EagleAmerican CopperAnglogoldArgentina GoldAur ResourcesAurogin ResBarrick GoldBattle Mtn GldBema GoldBirim GoldfieldsCanspar ResComaplex MinComincoCopper RidgeCopperquestCornucop…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Gold sub-index gains despite metal’s retreat
The Oct. 21-27 report period saw a cooling-off in the autumn rally in gold and gold stocks, with the yellow metal sliding back $3.15 to US$293.75 per oz. on the London morning fix of Oct. 28. Nonethel…
MINING MARKETS & INVESTMENT NEWS — Placer absorbs Lassie Red Lake
Lassie Red Lake Gold Mines, formerly listed on the Canadian Dealing Network under the symbol LRLG, has merged with a subsidiary of Placer Dome (PDG-T)Minority shareholders of Lassie Red Lake voted 95….
Companies (October 26, 1998)
Aber ResourcesAlta GoldAltius MineralsArgentina GoldAtna ResourcesBarrick GoldBHP MineralsBolidenBuchans RiverCaledonia MiningCamecoCanaco ResourcesChesbar ResourcesComincoCopperQuestDarnley Bay Resou…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — TSE rallies on lower interest rates, golds still sluggish
Falling U.S. and Canadian interest rates translated into significant gains for the Toronto Stock Exchange 300 index, with the broad market rising 5.9% over the report period Oct. 14-20 to end at 5,870…
Solitario finds partners for Peruvian projects
Solitario Resource (SLR-T) has secured partners for two of its properties in northern Peru.Placer Dome (PDG-T) can earn a 60% interest in the 620 sq. km. Yanacocha copper-gold project by spending US$4…
Lihir to produce less gold
Vengold (VEN-T) has been advised by Papua New Guinean-based Lihir Gold (LIHRY-Q) that the amount of gold expected from the Lihir mine this year has been reduced to 530,000 oz.The 70,000-oz. shortfall …