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Mounting metals stocks cast pall over new year

Base metals continued to shed value during the report period Dec. 10-14 as the markets eased back following the technical rally of late November.Nickel was the big loser, shedding 8.1% of its average …


Northern Miner Indices (December 24, 2001)

NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T21.0CamecoCO-T3.9FalconbridgeFL-T5.1Franco-Nevada MiningFN-T7.0Freeport McMoRan Cop’r BFCX-N4.8Homestake MiningHM-N7.4I…



Homestake shareholders OK Barrick merger

In mid-December, shareholders of Homestake Mining (HM-N) gathered in Walnut Creek, Calif., for the final meeting in the company’s 124-year history and overwhelmingly approved merging with Barrick Gold…


Partners eye Jericho

Vancouver — A kimberlite float sample west of the Jericho pipe in Nunavut has proved diamondiferous for partners Tahera (TAH-T) and Kennecott Canada Exploration.The 7-kg sample was collected from the…


Aussie gold output down

The Australian Bureau of Agriculture and Resources projects that gold production in that country for the year ended June 30, 2002, will be 288 tonnes (9.2 million oz.), versus a previous forecast of 2…


Alamos steps up work at Mulatos

Vancouver — Determined to define additional high-grade mineralization, Alamos Minerals (AAS-V) has launched a drill program at the Estrella pit of the Mulatos deposit in northwestern Mexico.The Estre…


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