Correction (January 22, 2001)
Placer Dome (PDG-T) has placed the Cerro Casale gold-copper project on hold because of low gold prices. However, the major still holds the right to acquire a 51% stake in the Chilean project owned joi…
Placer Dome Inc
Northern Miner Indices (January 22, 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 nixes African deals
Placer Dome (PDG-T) has terminated joint-venture option agreements with Channel Resources (CHU-T) and Solomon Resources (SRB-V) on the Bombore and Somifa gold projects in Burkina FasoPlacer…
Placer options Peruvian gold target
Denver — Placer Dome can acquire a majority interest in the Santa Rosa gold property in southern Peru from Vancouver-based Andean American Mining (AAG-V).Under an option agreement, Placer can earn an…
Northern Miner Indices (January 15, 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….
Palladium shoots past US$1,000-per-oz. mark
Palladium was the bright light among the precious metals during the Jan. 3-9 report period, at last cracking the US$1,000-per-oz. barrier to reach a record high of US$1,047 per oz. Prices for palladiu…
Northern Miner Indices (January 08, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T20.7…
Markets nosedive into new year
Stock trading on the first business day of 2001 was decidedly rocky, as fear of a slowdown in the U.S. economy spread north of the border and took its toll on markets here.The bellwether Toronto Stock…
Mergers dominate lacklustre year in US mining
Denver — The year 2000 began on a note of optimism for mining in the U.S. The Washington Agreement, an accord of Europe’s top bullion-holders that aims to regulate and limit sales, promised to revive…
Discoveries by McWatters, Noranda highlight 2000
The dreary state of metal markets failed to deter several domestic explorers from advancing their projects in 2000. Leading the pack was McWatters Mining, which began the year with a fourfold increase…
National Gold deals for Salamandra gold project
Vancouver — Junior National Gold (NGT-V) has inked a $10.5-million deal with Placer Dome (PDG-T) and Kennecott Minerals to pick up the 3.4-million-oz. Mulatos deposit in Mexico’s Sonora state. Kennec…
Gold stages comeback, palladium touches new high
In another strong display of staying power, gold jumped US$4.50 over the holiday-shortened Dec. 20-26 report period, adding to a 25 gain in the previous week. The yellow metal, which was fixed at US$…