Placer Dome Inc

Gold bulls bank profits

Vancouver — Canada’s junior exchange lost ground over the report period ended June 11 as investors took profits in junior gold stocks and found renewed interest in diamond explorers. The Standard & P…


Better fundamentals prop up base metals prices

So far in the second quarter, base metals have turned in a disappointing performance. But although the prospects for a concerted recovery in prices over the second half of the year are tentative at be…



Novagold hits new zone at Donlin

Vancouver — An ongoing drill program by NovaGold Resources (NRI-T) has uncovered a new zone of mineralization some 500 metres north of the high-grade Acma deposit, on the Donlin Creek property in Ala…


Benchmark slips as domestic turmoil erupts

Despite an eventful week domestically, the TSE/S&P index slipped just 92.56 points over the May 29-June 4 report period to finish 1.2% lower, at 7,568.02.On June 2, Finance Minister Paul Martin was re…


Silver adds shine to gold’s lustre

Vancouver — Canada’s junior exchange rallied over the report period ended June 4, as investors added silver-related stocks to their recent purchases of junior gold issues. The Standard & Poor’s-TSX V…


Placer targets takeover of Aussie miner

Vancouver — Falling metal prices over the past few years may have initiated consolidation in the mining industry, but as the price of bullion rises to levels not seen since 1999, the wave of mergers …


Northern Miner Indices (June 03, 2002)

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)BarrickABX-T21.9%CamecoCCO-T3.6%FalconbridgeFL-T4.7%Freeport BFCX.B-N5.7%GoldcorpG-T3.2%IncoN-T7.9%Meridian GoldMNG-T2.5%Newmont Minin…


Consolidation revisited

Whatever we may have been told, consolidation in the gold industry isn’t finished. Placer Dome’s A$2-billion offer to take over Aurion Gold is proof enough of that.But the scale of that bid, following…




Seabridge picks up Tundra

Vancouver — Seabridge Resources (SEA-V) has inked a deal with Newmont Mining (NEM-N) and Total Resources to pick up the Tundra gold project in the Northwest Territories.Situated 150 km north of Yello…


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