Companies (October 19, 1998)
Adrian ResourcesAnglo AmericanAranlee ResourcesArgentina GoldAsia Pacific ResourcesAtacama MineralsAtna ResourcesAurizon Mines17Auspex MineralsBarrick GoldBattle Mountain GoldBillitonBolid…
Wesdome Gold Mines Ltd
MINING MARKETS & INVESTMENT NEWS — The Northern Miner’s Mining Indices
This week we introduce our own indices of market performance in the mining sector: The Northern Miner North American Mining Index and The Northern Miner Small Producers Index both of which can be foun…
High River cuts costs, boosts production
A $3.7-million charge related to the sale of properties in Nicaragua pushed High River Gold Mines (HRG-T) out of the black and into the red for the quarter ended June 30.The Toronto-based company repo…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Tide begins to turn for beleaguered eastern markets — Placer Dome, Barrick among majors to benefit from renewed confidence
Reports during the Sept. 2-8 report period that U.S. interest rates may soon be lowered translated into a near-reversal of last week’s market turmoil, with the Toronto Stock Exchange 300 index rising …
Companies (August 31, 1998)
Aber ResourcesAmbrex MiningAur ResourcesBHPBMR GoldBolidenBreakwater MiningCaledonia MiningCanreos MineralsChina Clipper Gold MinesCogema ResourcesCondor International ResourcesCornucopia ResourcesCry…
MINING MARKETS & INVESTMENT NEWS — INSIDER TRADING — BMR insider off-loads shares
Published reports by the Ontario Securities Commission show that a director of BMR Gold (BGL-T) sold several blocks of shares in that company in June.Frank Varseveld sold 17,000 shares directly at 6 c…
Correction (August 24, 1998)
In our Aug. 17-23 issue, we stated that 47,300 oz. gold was produced from the Canadian mines of River Gold Mines (RIV-T) in the first half of 1998 at a cash cost of US$296 per oz. The correct cash cos…
TVX completes feasibility at Olympias
With gold production up at all its mines and a drop in cash costs, TVX Gold (TVX-T) has managed to turn in a quarterly profit for the second consecutive time.For the second quarter ended June 30, TVX …
River Gold boosts profit from Canadian mines
Higher production and lower operating costs translated into a strong second quarter for River Gold Mines (RIV-T).The Canadian gold miner earned $5.5 million (or 18 cents per share) in the three months…
Partners cut production costs at New Britannia
Partners High River Gold Mines (HRG-T) and TVX Gold (TVX-T) report a drop in cash costs at their equally owned New Britannia gold mine in northern Manitoba.The underground operation turned out 24,660 …
High grades add to Edwards’ potential
High-grade gold is always a boon to a producing mine, as appears to be the case for VenCan Gold (VCG-M), which owns the Edwards gold mine near Wawa, Ont.The underground mine is operated by River Gold …
Companies (July 20, 1998)
Abcourt MinesAber ResourcesAmerica Mineral FieldsArabian Shield DevelopmentArchangel DiamondArgentina GoldAsia MineralsAtna ResourcesAur ResourcesBarrick GoldBolidenBolivar GoldfieldsBroken Hill Propr…