Barrick eyes RDN (May 06, 2002)
Vancouver — Picking up where Newmont Mining (NEM-N) left off, Barrick Gold (ABX-T) has inked a letter of intent to earn a 75% stake in Rimfire Minerals’ (RFM-V) RDN property in northwestern Br…
Barrick Gold Corporation
Insiders bask in hot resource sector
Recent insider trading transactions reported by the Ontario Securities Commission include the following:- Barrick Gold (ABX-T) — Brian Mulroney, director, exercised 237,500 options indirectly at $22….
Northern Miner Indices (April 29, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningNMC-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mini…
Golds advance in slumping TSE
The Toronto Stock Exchange started the trading period April 17-23 strongly but lost ground steadily after the weekend. The TSE 300 composite index fell 123.73 points to 7,717.84, finishing 1.6% behind…
Barrick hits bull’s-eye at Alto Chicama in Peru
Barrick Gold (ABX-T) intends to quadruple exploration and development spending at the Alto Chicama property in north-central Peru to $20 million this year after finding a “significant gold discovery” …
Barrick, Altius team up
Partners Barrick Gold (ABX-T) and Altius Minerals (ALS-V) have agreed to expand their search for Carlin-type deposits in Newfoundland’s Botwood Basin.Their efforts will focus on the 47-sq.-km Burnt La…
TSE up on recovery news
The Toronto Stock Exchange moved higher over the report period April 10-16, on news of improving economic fundamentals. Even a quarter-point rate hike by the Bank of Canada on the final day didn’t sto…
Northern Miner Indices (April 22, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningNMC-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mini…
Resource stocks rally with higher Metal Prices
Buoyed partly by stronger resource stocks, the Toronto Stock Exchange 300 index ascended 136.7 points over the holiday-shortened March 27-April 2 report period to finish the week at 7,893.39.Gold soar…
Northern Miner Indices (April 01, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningNMC-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mini…
Strike set at Holt
At presstime, the existing contract for 140 workers at the Holt-McDermott gold mine in Kirkland Lake, Ont., was about to expire and the United Steelworkers local 6409 was preparing to hold a strike vo…
Precious metals rise in tandem on eastern markets
Precious metals took the spotlight during the March 20-26 report period, with gold, silver, platinum and palladium all rising in London bullion markets.Gold appreciated an impressive $4.80 over the fi…