Royalty sisters report mixed quarter
Rescheduling of operations at Barrick Gold’s (abx-t) Goldstrike project in Nevada has boosted first-quarter earnings for Euro-Nevada Mining (an-t), while impeding those of sister company Franco-Nevada…
Barrick Gold Corporation
STOCK MARKETS — Vancouver’s mining index heads skyward — Solid drill results from several projects bolster western markets
The Vancouver Stock Exchange composite index gained 9.46 points over the report period ended Aug. 12 to close up 1.1% at 834.3, whereas the mining index finished 13.71 points higher at 753.93, for a g…
EDITORIAL — The spread between cash costs and all-in’ costs — Mining ore
. . . or not?Maurice Brown, former editor and publisher emeritus of The Northern Miner, was an enthusiastic supporter of the mining industry during his 43 years with the paper. Mort, as he is affectio…
High Desert Minerals rolls in royalty interests
High Desert Minerals (hdr-v) has entered into a non-arm’s-length letter of intent to merge with Royal Hal, SLH and Gold Trend — private companies owned by Sean and Lee Halavais.The Halavaises are the…
STOCK MARKET — Gold stocks left behind as TSE hits the heights — Base metals rise slightly in buoyant market
The Toronto Stock Exchange’s hot streak continued in the report period July 30-Aug. 5, with the TSE 300 composite index rising 101.91 points (1.5%) to a record high close of 6,903.08 on Aug. 5. Tradin…
Eastmain aims drills at Quebec
Junior Eastmain Resources (ER-T) will begin an 8,000-Metre diamond drill program on three properties situated along the Eastmain River greenstone belt, 800 km northwest of Montreal, Quebec.At the Clea…
STOCK MARKETS — Metal mines awaken to enlivened Toronto markets — Even the gold sub-group recovers modestly in upbeat market
The Toronto Stock Exchange finished with another record high close on July 29, finishing the trading period at 6,801.17 — a gain of 86.92 points — over the trading period July 23-29.The Canadian dol…
Diablillos partners step out in Salta
An 11,000-Metre program of stepout drilling is under way on the 3,600-ha Diablillos gold-silver property in the northwestern Argentine province of Salta.The property is held by a jointly owned Argenti…
STOCK MARKETS — Golds dive again as TSE sets new record — Broad market index breaks 6,600; gold index tests levels last seen in 1993
The Toronto Stock Exchange moved farther into record territory over the trading period July 9-15, with the TSE 300 composite index closing at record highs on four of the five trading days. The TSE 300…
STOCK MARKETS — Gold stocks slammed by troubled bullion market — Gold sale Down Under gives investors the jitters
While the Toronto Stock Exchange continued to set records over the report period July 2-8, the TSE’s gold and precious minerals sub-group, wounded by the meltdown in the gold market, lurched to an ind…
STOCK MARKETS — Gold drops like a brick as western markets stumble — Junior explorers hit hardest, despite good news for some
Gold tumbled to a 12-year low during the report period ended July 8, with western markets following close behind. The Vancouver Stock Exchange composite index lost 60.86 points, or 7.03%, to close at …
Royalty sisters expand Snyder — Former Midas project ahead of budget
Once operational, by May of 1999, the Ken Snyder gold mine in Nevada is expected to yield 250,000 oz. annually at a cash operating cost of US$78 per gold-equivalent ounce.Equal owners Franco-Nevada Mi…