Broad market takes it on the chin
Weighed down by a sagging industrial products sector, the Toronto Stock Exchange 300 index slipped 164.04 points over the June 6-12 report period. The broad market ended the week at 8,094.78.Gold gain…
Wheaton River Minerals Ltd
Market unimpressed with US rate cut
In the wake of another cut in U.S. interest rates, investors north of the border knocked 3% off the Toronto broad market during the March 14-20 report period. The sell-off, which suggests that many we…
Apex Silver among juniors active in Central America
Denver — After being pushed out of the region by Hurricane Mitch in 1998, Apex Silver Mines (SIL-X) has returned to Central America for another joint-venture opportunity.The Denver-based company, who…
Wheaton River wins approval for Bellavista
Clearing its last major regulatory hurdle, Wheaton River Minerals (WRM-T) has received final environmental approval to build its Bellavista open-pit, heap-leach gold mine in Costa Rica.Situated 20 km …
Kinross eyes Kubaka lookalike in Russia
A blind discovery in the Magadan region of northeastern Russia is looking more and more like the producing Kubaka gold deposit.Kinross Gold (K-T), which holds 54.7% interests in both projects, is unde…
Discoveries by McWatters, Noranda highlight 2000
The dreary state of metal markets failed to deter several domestic explorers from advancing their projects in 2000. Leading the pack was McWatters Mining, which began the year with a fourfold increase…
Northern gold explorers focus on adding bulk
Size matters, especially with regard to gold projects in the Far North. As the yellow metal continues to languish below US$275 per oz., gold explorers in this high-cost environment are focusing on add…
Tough times between the Gulf and the Pacific
Depressed gold prices are leaving producers little room for error these days, nowhere more so than in Mexico and Central America.Greenstone Resources, dead at the age of 17 years from financial asphyx…
Resource stocks fail to ride broad market wave
The March 22-28 report period proved to be a volatile one, with the Toronto Stock Exchange 300 index passing the 10,000 mark for the first time ever on March 23 — only to slip to 9,922.85 by the week…
Juniors complete merger
The proposed merger of Wheaton River Minerals (WRM-T) and Kit Resources is now complete.Wheaton River shareholders received one share of the merged company for each Wheaton River share held; Kit share…
Companies (October 25, 1999)
Aber ResourcesAnglo AmericanAnglogoldApex Silver MinesAsarcoAshanti GoldfieldsAyrex ResourcesBarrick GoldBlack Hawk MiningCaledonian Pacific MineralsCambiorCerro DoradoColumbia MetalsCyprus Amax Miner…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Gold drops, nickel leadsrally in base metals
The Oct. 13-19 report period saw a third week of declines in the gold price, with the yellow metal diving US$10.75 to US$309.75 per oz. on the London morning fix of Oct. 20.Though gold’s weakness took…