AngloGold posts improved first quarter
Denver — A solid operating performance by AngloGold (AU-N) improved net earnings to US$43 million (or 40 per shar…
News
Weak currencies hurt Homestake’s bottom line
Denver — Weakening of the Australian and Canadian dollars (relative to the U.S. dollar) forced Homestake Mining (H…
Liquidation under way at Andacollo
Vancouver — Having closed its Andacollo gold mine in central Chile late last year, Dayton Mining (DAY-T) has initi…
Partners sell Hope Bay neighbour
Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) have agreed to sell to Sherwood Petroleum (SWD-V) 11 crown mineral…
Diamondex cuts new kimberlite at Carat
Ongoing drilling by Diamondex Resources (DSP-V) at the Carat property, 350 km northeast of Yellowknife, N.W.T., has…
Trading Summary (April 30, 2001)
The Toronto Stock Exchange fell 20.74 points to 7,946.6 on Monday. Leading the four advancing subindexes was the In…
Inco ready to develop Goro
With feasibility studies now complete, nickel producer Inco (N-T) has decided the Goro nickel project, in the French Pacific territory of New Caledonia, should be brought into production.Chairman Mich…
NB gold prospect shows potential
Sackville, N.B. — Drilling by Freewest Resources Canada (FWR-M) has encountered a broad intercept of high-grade gold mineralization at the Clarence Stream property in southwestern New Brunswick.While…
Final bells ring on takeovers
Sherritt International (S-T) and the Labrador Iron Ore Royalty Income Fund (LIF.UN-T) emerged victorious in the industry’s two most recent takeover battles.Sherritt and its partner, the Ontario Teache…
High grades hit at Tulawaka
Infill and extension drilling by Barrick Gold (ABX-T) at the Tulawaka gold deposit in the Lake Victoria district of Tanzania has returned more high-grade values.Barrick is drilling off a reserve at th…
Stillwater rakes in record profit
Denver — Platinum producer Stillwater Mining (SWC-X) posted record earnings of US$29.4 million (or 75 per share) for the first quarter of 2001, compared with US$6.9 million (18 per share) in the co…
Metal Prices (April 30, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateApril 24April 23April 20April 19April 18Aluminium15…