Gold miners take a beating
Denver — The Dow Jones industrial average climbed 281.69 points, or 2.8%, during the report period ended July 31 to close at 10,522.81, while spot gold on the Comex division of the New York Mercantil…
2001
Old Rio mines bolster BHP-Billiton
Added production from mines acquired in the Rio Algom takeover nudged BHP-Billiton’s (BHP-N) copper production past the 1-million-tonne mark for the fiscal year ended June 30.The newly merged miner’s …
Francisco expands oxides at Marlin
Vancouver — The final nine holes of a third round of drilling by Francisco Gold (FGX-V) have expanded the oxide go…
Anuri yields stones
About 276 kg of kimberlite core from the newly discovered Anuri kimberlite on Tahera’s (TAH-T) Rockinghorse propert…
Cameco revenues down
Lower deliveries of uranium meant lower revenues for Cameco (CCO-T), but the company still showed $12 million in ea…
Kinross narrows loss (August 03, 2001)
The losses of Kinross Gold (K-T) shrank in the recent second quarter, thanks to increased production and lower cash…
Eldorado looks to Turkey
Vancouver — With $16.2 million in bank debt and reduced output from its Sao Bento gold mine in Brazil, Eldorado Go…
Echo Bay loses on lower production
Lower gold output and decreased realized prices contributed to a loss-making second quarter for Echo Bay Mines (ECO…
Kimberlites confirmed at Weirdale
Vancouver — A round of drilling by junior Skeena Resources (SKE-V) has cut wide zones of kimberlite at the 501 and…
Trading Summary (August 03, 2001)
The Toronto Stock Exchange slipped 11.99 points in quiet trading to end the week at 7,744.2 on Friday. The TSE’s me…
Aurora cuts sulphides at depth
Vancouver — Junior Aurora Platinum (ARP-V) has cut a 16.5-metre zone of low-grade nickel sulphide mineralization s…
Atna moves forward in Chile
Vancouver — The results from a 22-hole reverse-circulation drill program have Atna Resources (ATN-T) gearing up to…