Russian mines haul up earnings for High River
Consolidation of the results from its Russian subsidiary, Buryatzoloto, has given High River Gold (HRG-T) a significant increase in revenue and earnings.The company finished the three months ended Sep…
Consolidation of the results from its Russian subsidiary, Buryatzoloto, has given High River Gold (HRG-T) a significant increase in revenue and earnings.The company finished the three months ended Sep…
Regaining ground lost in the previous period, the Toronto Stock Exchange Composite Index closed up 94.38 points higher in the Nov. 13-19 report period. The benchmark was set at 6,423.65 points.London …
Two of the three mid-tier gold producers planning a friendly merger made money in the third quarter of 2002, but the biggest, Kinross Gold (K-T), is still in the red.Echo Bay Mines (ECO-T) made US$3.7…
Higher sales volumes and metal prices enabled Newmont Mining (NEM-N) to post its second profitable quarter as the world’s largest gold producer.Newmont earned US$24 million, or US6 per share, in the …
Harmony Gold Mining (HGMCY-Q), South Africa’s third-largest producer of the yellow metal, has agreed to acquire more than 17 million shares of Toronto-based High River Gold Mines (HRG-T) from Jipangu,…
Assured that the government of Costa Rica will support development of the Bellavista gold project, Glencairn Gold (GLJ-V), formerly Glencairn Explorations, has once again agreed to buy the low-grade d…
Toronto-based High River Gold Mines (HRG-T) saw its revenues more than triple during the first half of the year as it began consolidating operating results from the Russian gold-mining company OJSC Bu…
Greece’s supreme administrative court, the Conseil d’tat, has dealt TVX Gold (TVX-T) another blow by blocking the company’s Stratoni silver-lead-zinc operation, 65 km east of the Greek port of Thessa…
Rouyn-Noranda, Que. — The annual convention of the Quebec Prospectors’ Association, held here recently in the heart of the Abitibi, is shining a spotlight on the many exploration and development proj…
Buoyed by a higher gold price and a US$1.2-million gain on the sale of its residual interest in the Casa Berardi mine in northwestern Que., Toronto-based TVX Gold (TVX-T) posted improved second-quarte…
Short positions outstanding at August 15, 2002Larger individual positions includeAber Diamond Corporation 301647 down 88375; Agnico-Eagle Mines Ltd. 5573295 down 293714; Atacama Minerals Corp.
The Toronto Stock Exchange’s Composite Index managed to gain 105.22 points, or 1.6% of its value, to end the Aug. 14-20 report period at 6,655.29 points. The brunt of the work was done during the last…
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