News

Black Hawk flies high in third quarter

Black Hawk Mining (BHK-T) posted a US$901,000 profit in the third quarter of 2000 and earned US$2.2 million during the first nine months of the year. The figures are a considerable improvement over th…


Gold Fields in black

Denver — Despite a poor exchange rate for the rand, Gold Fields remained profitable in the first quarter of its 2001 fiscal year.Gold production grew 6% during the 3-month period ended Sept. 30, to 9…


Exall retains Glimmer stake

An out-of-court settlement between Exall Resources (EXL-T) and Glimmer Resources (GME-V) has resolved the ownership battle for the Glimmer gold mine, east of Matheson, Ont.Exall will retain a 52% owne…


Junior hits mineralization

Four drill holes intersected gold mineralization in a 9-hole drill program conducted by Western Troy Capital Resources (WRY-C) in Menary Twp. in northwestern Ontario.The program tested a series of tar…


Freegold cuts high-grade

Denver — A one-hole diamond drilling program at the Golden Summit project in Alaska’s Fairbanks district has intercepted a new zone of high-grade gold mineralization.International Freegold Mineral De…


Northern Miner Indices (November 27, 2000)

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.6ComincoCLT-T4.0FalconbridgeFL-T6.9Franco-Nevada MiningFN-T5.3Freeport McMoRan Cop’r BFCX-N4.6Homestake MiningHM-N4….



Polymet launches study

Polymet Mining (POM-V) has retained Tucson, Ariz.-based Independent Mining Consultants to prepare a prefeasibility study of its Northmet polymetallic project, in northern Minnesota.Situated in the Dul…


Hall of Fame Inductees (November 27, 2000)

William Guy Brissenden(born 1915)A hands-on approach to problem-solving enabled William Guy Brissenden to master repeated challenges during a lengthy career spent mostly with Noranda. His first challe…


TSE Short Positions (November 27, 2000)

Short positions outstanding at November 15, 2000Larger individual positions include: Abitibi-Consolidated Inc. 185,965 down 281,628; Alcan Aluminium Ltd. 203,080 down 317,871; Anderson Exploration Ltd…


Golds rise above broad market woes

Dragged down again by a troubled industrial sector, the Toronto Stock Exchange 300 index sank 251.43 points over the Nov. 15-21 report period to end the week at 9,013.86.Fairing a good deal better wer…



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