Special to The Northern MinerProduction cost has always been an important measure of the relative health of a gold producer. Now, as bullion prices flirt with 20-year lows, it has become a glaring ind…
Nevada mined 7.8 million oz. gold in 1997, which is 75% of all gold produced in the U.S. and nearly 10% of world production.Gold production in Nevada makes the U.S. the second leading gold producer in…
Lower gold prices have left Franco-Nevada Mining (FN-T) with lower earnings for the 6-month period ended Sept. 30, compared with the corresponding period of 1997, whereas sister company Euro-Nevada Mi…
In an effort to expand its holdings in Nevada’s Carlin trend, Barrick Gold (ABX-T) has entered a joint-venture agreement to explore the Rossi gold property, held by Meridian Resources (MNG-T).Barrick …
The Toronto Stock Exchange 300 index plummeted 261.67 points to 6,256.01 during the report period Aug. 19-25, effectively wiping out all that was gained in the previous period.While the market started…
The money kept rolling in for both Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) during the last fiscal quarter, though the low gold price did take a bite out of both companies’ bottom lin…
While it won’t rival the giant Goldstrike operation in size, the Pierina gold mine in Peru is expected to incur production costs considerably lower than those reported for Barrick Gold’s (ABX-T) corne…
In a move its chairman described as “pulling in our horns,” Barrick Gold (ABX-T) has dealt options on its West and Central African gold projects to South African-based mining house Anglo American.The …
Major leaguer Barrick Gold (ABX-T) increased its fourth-quarter earnings by boosting production and lowering cash costs.In the three months ended Dec. 31, 1997, Barrick earned US$75 million, compared …
They call themselves “miners in Gucci loafers,” — a suitable moniker for Pierre Lassonde and Seymour Schulich, considering that they make up one of Bay Street’s most financially successful gold minin…
Having tried, and failed, to turn around the Chilean operations of the former Lac Minerals, Barrick Gold (ABX-T) has moved to wipe the under-performingoperations off its books.The company has announce…
The Midas district of northern Nevada is known for hosting high-grade gold mineralization, and Romarco Minerals (R-T) is showing that its Dixie claims are no exception.While drilling the southern port…
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