Eur. Goldfields raises funds
European Goldfields (EGU-V) has completed a non-brokered private placement of 1.5 million shares priced at $3.10 apiece.The company intends to use the $4.6 million in gross proceeds to fund exploratio…
Inmet Mining Corporation
Northern Miner Indices (January 14, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T25.5CamecoCO-T4.1FalconbridgeFL-T5.3Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N5.7IncoN-T9.2Newmont Mining…
Northern Miner Indices (January 07, 2002)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T21.0CamecoCO-T3.9FalconbridgeFL-T5.1Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N4.8Homestake MiningHM-N7.4I…
TSE enters new year with a bang
Having lost 14% of its value last year, the Toronto Stock Exchange 300 index began the slow road to recovery with a gain of 163.11 points, or 2.2%, over the Dec. 21-Jan. 1 report period. The benchmark…
Inmet picks up Pyhasalmi in deal with Finland’s Outokumpu
Inmet Mining (IMN-T) has inked a US$64-million deal to buy Outokumpu’s Pyhasalmi copper-zinc mine in central Finland, and to participate in a strategic alliance with the Finnish metal producer.The dea…
Scrooge-like meanness grips TSE
EASTERN MARKETLast-minute selling before the Christmas holidays saw the Toronto Stock Exchange 300 index fall 58.17 points over the Dec. 19-20 report period. The benchmark finished the shortened week …
Northern Miner Indices (December 24, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T21.0CamecoCO-T3.9FalconbridgeFL-T5.1Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N4.8Homestake MiningHM-N7.4I…
Gold explorers jump back to life
Buyers managed to overtake sellers over the Dec. 12-18 report period to push the Toronto Stock Exchange 300 index up 54.84 points to 7,586.47.Gold surged ahead $5.65 in London markets to land at a mor…
Wheaton, Kinross close sale
Wheaton River Minerals (WRM-T) has completed the sale of its George Lake project in Nunavut to Kinross Gold (K-T).Wheaton received 4 million Kinross shares in return for its 100% interest in the proje…
Northern Miner Indices (December 17, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…
Eldorado monitors Ovacik, hopeful at Kisladag
A strong third-quarter performance by the Ovacik gold mine in Turkey augurs well for Eldorado Gold (ELD-T), which holds Kisladag and several other advanced-stage gold projects in the country.Ovacik, w…
Northern Miner Indices (December 03, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T18.7FalconbridgeFL-T5.9Franco-Nevada MiningFN-T6.5Freeport McMoRan Cop’r BFCX-N5.3Homestake MiningHM-N6.4IncoN-T9.4Newm…