Silver Standard takes Barrick’s stake
Vancouver — Silver Standard Resources (SSO-V) has inked a deal with Barrick Gold (ABX-T) to pick-up the major’s 20…
Articles by Northern Miner Staff
Trading Summary (May 01, 2001)
The Toronto Stock Exchange shed 0.33 point on Tuesday to end at 78,946.3. The Gold & Precious Minerals subindex saw…
Teck and Cominco feel the urge to merge
Vancouver — Continuing the trend towards consolidation in the mining industry, two of Canada’s oldest mining firms…
AngloGold posts improved first quarter
Denver — A solid operating performance by AngloGold (AU-N) improved net earnings to US$43 million (or 40 per shar…
Weak currencies hurt Homestake’s bottom line
Denver — Weakening of the Australian and Canadian dollars (relative to the U.S. dollar) forced Homestake Mining (H…
Liquidation under way at Andacollo
Vancouver — Having closed its Andacollo gold mine in central Chile late last year, Dayton Mining (DAY-T) has initi…
Partners sell Hope Bay neighbour
Miramar Mining (MAE-T) and Hope Bay Gold (HGC-T) have agreed to sell to Sherwood Petroleum (SWD-V) 11 crown mineral…
Diamondex cuts new kimberlite at Carat
Ongoing drilling by Diamondex Resources (DSP-V) at the Carat property, 350 km northeast of Yellowknife, N.W.T., has…
Trading Summary (April 30, 2001)
The Toronto Stock Exchange fell 20.74 points to 7,946.6 on Monday. Leading the four advancing subindexes was the In…
Gold Funds (April 30, 2001)
Dundee Precious MetalsCentral FundNet Value$12.57$5.23Price$7.75$4.97Discount38.35…
CDNX breaks 3,000 mark in brisk trading
Vancouver — Canada’s junior exchange broke the 3,000 mark during the week ended April 24, as all indices posted gains. The Canadian Venture Exchange composite index tacked on 50.17 points, or 1.7%, t…
Drilling enhances Alamo Dorado
Eight holes drilled along strike of the Alamo Dorado gold-silver deposit in Mexico’s Sonora state have confirmed the updip continuity on several sections.The work is part of an initial phase of infill…