Homestake Mining Company

Low commodity prices, high costs cast pall over 2000

Vancouver — The brutal combination of high costs and weak commodity prices translated into more mine closures than openings in the past year. Several companies were forced to suspend mining and devel…


Dow, Nasdaq continue to slide

Denver — With the U.S. presidential election still unresolved, the Dow Jones industrial average continued its fall, sinking 186.56 points, or 1.7%, to finish at 10,681.06 at the end of the report per…


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….


Market awaits election outcome

Denver — The Dow Jones industrial average fell 271.12 points, or 2.5%, to 10,681.06 for the period ended Nov. 14, owing to uncertainty and confusion surrounding the U.S. presidential election.However…


Northern Miner Indices (November 20, 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….


Dow awaits election results

Denver — The Dow Jones industrial average paused for the U.S. election, falling a mere 18.96 points, or 0.2%, to close at 10,952.18 for the week ended Nov. 7, while mining issues continued their desc…


Zaldivar boosts Placer’s performance

Placer Dome’s (PDG-T) wholly owned Zaldivar copper mine is proving a significant contributor to the major’s bottom line. Situated in northern Chile, the open-pit, heap-leach operation added US$213 mil…



Homestake explores for gold in Sardinia

Homestake Mining (HM-N) will join Australian-listed Gold Mines of Sardinia (GMS) in an exploration effort on that island, situated west of the South Italian Peninsula.The California-based company will…


Dow pulls back from big loss

The Dow Jones industrial average suffered a staggering drop during the report period ended April 18, though late-week trading cut the losses to 4.6%. The Dow ended the week down 519.66 points at 10,76…


Low prices take toll on gold mines

The prolonged slump in gold prices has taken its toll on a number of low-grade, bulk-tonnage gold projects in South America, leaving only a handful of robust projects able to survive the rocky road to…


Mineralization hit at Peters

Independent drilling has confirmed mineralization at the past-producing Peters gold property in the Puruni River area of Guyana, reports Guyana Goldfields (GGFI-C).Toronto-based Roscoe Postle & Associ…


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