The Northern Miner — North American Mining Index (August 05, 2002)
70.81 (+3.95)(Sept. 30/98 = 100)…
News
The Northern Miner — Small Producers Index (August 05, 2002)
68.38 (-3.34)(Sept. 30/98 = 100)…
Anglo ups Vanguardia stake
South African giant AngloGold (AU-N) has doubled to 92.5% its stake in the Cerro Vanguardia mine in Argentina’s Santa Cruz province, snapping up Perez Companc International’s 46.25% holding for US$90 …
Stillwater down, but not out
Carrying the load of a second mine without the aid of similar metal prices, Stillwater Mining (SWC-N) earned half as much in the second quarter as it did in the comparable period of 2001.Net earnings …
Skanska builds Canadian presence Silver
Cementation Skanska, part of the Stockholm-based Skanska group of companies, has doubled the size of its Canadian business by acquiring Aurora Quarrying, a mining contractor based north of Toronto.Est…
Axmin finds gold at Passendro
Following a campaign of rotary air blast (RAB) drilling at its Bambari property in the Central African Republic, Axmin (AXM-V) has confirmed mineralization along the strike extension of its Passendro …
Goldcorp coasts at Red Lake mine
Thanks in part to stronger bullion prices, Goldcorp (G-T) kept a steady financial hand during the second quarter.Net earnings rang in at just under US$14 million (or 8 per share) on revenue of US$47 …
Trading Summary (August 02, 2002)
The gold index was the leading mover and shaker on the Toronto Stock Exchange on the Friday before the long weekend…
Placer Dome, AurionGold squabbling continues
Placer Dome (PDG-T) says it is disappointed by AurionGold’s continued rejection of its unconditional cash-sweetened…
St. Jude cuts bonanza grade at South Benso (August 02, 2002)
Vancouver — St. Jude Resources (SJD-V) and joint venture partner Montreal-based Fairstar Explorations (FFR-T) have…
Sadiola debt retired, earnings down
Junior producer Iamgold (IMG-T) is eyeing “significantly” higher cash flow now that all remaining debt relating to…
Pacific Rim cuts high-grade at El Dorado (August 02, 2002)
Vancouver — Pacific Rim Mining (PMU-V) has cut high-grade gold at its El Dorado gold project located in El Salvado…