Juniors keep busy as gold slips below US$270
Gold stepped back into the spotlight during the Nov. 1-7 report period, as the Bank of England auctioned another 804,000 oz. (25 tonnes) at an allotment price of US$264.30 per oz.While the amount offe…
TVX Gold Inc
Latest UK auction drives brief gold rally
During the March 15-21 report period, attention in the gold market was directed toward the Bank of England’s latest gold auction, held on March 21.The bank sold 25 tonnes (803,600 oz.) for US$285.25 p…
TVX takes writedown
Toronto-based TVX Gold (TVX-T) will take a $64-million, one-time, non-cash charge against its 1999 earnings, reflecting the original purchase price of the Stratoni lead-zinc operation in Greece.The wr…
Companies (November 29, 1999)
AMT International MiningAnglo AmericanAnglogoldAnooraq ResourcesBema GoldCancor MinesChannel ResourcesChief Consolidated MiningComaplex MineralsConquistador MinesCorner Bay MineralsCumberland Resource…
Companies (November 22, 1999)
Archangel DiamondAsarcoAtna Res.Aur Res.Banff Res.Broken Hill Pty.CambiorCampbell Res.Canmine Res.Channel Res.Claude Res.Coeur d’Alene MinesCyprus AmaxDe Beers Cons. MinesDia Met MineralsEcho Bay Mine…
TVX lets out contract for Olympias project
With a green light from its final feasibility study and permit applications awaiting approval, TVX Gold (TVX-T) has awarded the principal construction management contract for its Olympias mine project…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Broad market shines on mixed producer showings
The Toronto Stock Exchange 300 index climbed 287.21 points during the Nov. 10-16 report period, ending at 7,570.73. Resource stocks were mixed again, with the metals and minerals sub-group rising 47.2…
High River gets record production, lower costs
Approaching the end of its fourth year as a producer of the yellow metal, High River Gold (HRG-T) has reported record output at reduced cash costs from both its major operations.The New Britannia mine…
Companies (November 08, 1999)
Agnico-Eagle MinesAltoro GoldBreakwater ResourcesBroken Hill ProprietaryBuryatzolotoCambiorConsolidated Norsemont VenturesConsolidated Pine Channel GoldCopper HillEcho Bay MinesEcuadorian Mi…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — TSE climbs with a little help from base metals
The Toronto Stock Exchange 300 index jumped 150.44 points during the report period ended Nov. 2 to finish at 7,215.32. Resource stocks were mixed: the metals and minerals sub-group rose 10.57 points t…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — Majors sag as gold sinks below US$300 per oz.
The party came to an abrupt end during the Oct. 20-26 report period as gold nosedived US$19.35 to hit US$290.40 per oz. on the London morning fix of Oct. 27.During the last week of October, most of th…
Companies (October 25, 1999)
Aber ResourcesAnglo AmericanAnglogoldApex Silver MinesAsarcoAshanti GoldfieldsAyrex ResourcesBarrick GoldBlack Hawk MiningCaledonian Pacific MineralsCambiorCerro DoradoColumbia MetalsCyprus Amax Miner…