Northern Miner Indices (February 19, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7ComincoCLT-T4.5FalconbridgeFL-T6.3Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.0Homestake MiningHM-N3….
Placer Dome Inc
Base metals survive sinking composite index
The Toronto Stock Exchange performed dismally during the report period Feb. 7-13, with the TSE 300 composite index sliding 359.27 points in five trading days and finishing at 8,942.13. The banks and t…
Northern Miner Indices (February 12, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7ComincoCLT-T4.5FalconbridgeFL-T6.3Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.0Homestake MiningHM-N3….
Mixed earnings polarize resource sectors
Erasing some of the gains made in the previous week, the Toronto Stock Exchange 300 index slipped 46.96 points over the Jan. 31-Feb. 6 report period to finish the week at 9,301.40.A flurry of mixed ne…
Northern Miner Indices (February 05, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7ComincoCLT-T4.5FalconbridgeFL-T6.3Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.0Homestake MiningHM-N3….
Goldcorp bumps up grade
Goldcorp (G-T) has increased by 43% the number of contained ounces in the High Grade zone of the Red Lake mine in northwestern Ontario.The mine, which re-entered production in August, now has a reserv…
PGE exploration tops agenda at Cordilleran Roundup
Vancouver — Platinum and palladium plays took centre-stage at the 18th annual Cordilleran Roundup, held here in late January. About 2,100 delegates and 128 exhibitors attended the 4-day event, which …
Golds tank again on price slide
The Toronto Stock Exchange was modestly higher over the trading period Jan. 24-30, avoiding the wild mood swings it had experienced in December, despite seeing relatively heavy trading. The TSE 300 co…
Partners active near Red Lake
Vancouver — Partners Rubicon Minerals (RMX-V) and AngloGold (AU-N) have begun a 450-metre program of diamond drilling at the Norseman geophysical target, 30 km northeast of Red Lake, Ont.Ground magne…
SouthernEra beefs up management, reduces debt
In a move aimed at strengthen- ing its operations, SouthernEra Resources (SUF-T) has appointed two South African miners to run the company.SouthernEra has been searching for new chief executive and op…
Northern Miner Indices (January 29, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7ComincoCLT-T4.5FalconbridgeFL-T6.3Franco-Nevada MiningFN-T5.8Freeport McMoRan Cop’r BFCX-N4.0Homestake MiningHM-N3….
Placer sinks as gold sags
Gold saw a little price action during the Jan. 17-23 report period as the Bank of England completed another gold auction, selling 803,600 oz. at US$268 per oz., with an over-allotment of 4.8 times.Ove…