Hecla Mining Company

Silver producers jostle for investors’ attention

At the Autumn Precious Metals Seminar, held recently in Toronto and co-sponsored by the Silver Institute and Gold Fields Mineral Services, representatives of five North American silver producers gave …


Golds show life signs

U.S. markets moved sideways over the reporting period Dec. 11-17, but the mining stocks, particularly the golds, ran up substantially. The Dow, which fell 38.87 points to 8,535.39, was down slightly, …


BHP curbs copper output

BHP Billiton, the world’s largest mining company, announced that its 2003 copper production target for the world’s largest copper mine, Escondida in Chile, is being set at 1.05 million tonnes, while a…


Atna eyes Carlin prospects

Vancouver — Branching out from its base metal roots, Atna Resources (ATN-T) has agreed to acquire several prospective gold mining claims in Nevada’s prolific Carlin trend.Among these are the Triple J…


Phelps Dodge, Cabot under investigation

The biggest story over the period was the revelation that Phelps Dodge and Cabot are being jointly investigated by American and European antitrust authorities for alleged price-fixing in the carbon bl…


Higher output gives Hecla boost

Vancouver — A combination of higher production and lower costs propelled Hecla Mining (HL-N) into profitability during the third quarter.The Idaho-based miner earned US$1.5 million (or US2 per share…


JP Morgan dispels rumours

The gold bugs watched in glee as their arch nemesis, JP Morgan, the counterparty to most gold-derivatives trading, issued a statement that refuted rumours it had recently lost upwards of US$17 billlio…


Great Basin looks to Africa

Seeking to become a mid-tier producer, Great Basin Gold (GBG-V) has broadened its exploration scope from the Carlin trend in Nevada to include the prolific Witwatersrand basin of South Africa.The Hunt…


Precious metals miners shine

While gold prices ended the report period virtually unchanged at around US$317 per oz., gold bugs drew encouragement that most of the gold miners showed uncharacteristic strength and added to the prev…


Markets stage stunning rally

The period ending Oct. 15 saw a dramatic surge in the broad U.S. markets, with both the Dow Jones Industrial Average and the S&P 500 index surging more than 10% to 8,255.68 and 881.27 points, respecti…


Golds slump in weak market

Dow 36,000 receded further into the distance over the report period Oct. 1-8, with the bellwether U.S. stock index plunging 437.30 points to finish at 7,501.49. But the gold stocks, which have been fe…


Golds lead way

With prices surging US$8 into the mid-US$320-per-oz. range, producers of the yellow metal proved to be the only bright spot in the U.S. markets during the report period ended Sept. 24.The U.S.-listed …


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