Barrick earnings steady in second quarter
Barrick Gold (ABX-T) posted earnings of US$72 million (US36 per share) for the second quarter of 2000, the same profit it made in the first quarter of the year. Revenue for the second quarter amounte…
News
Hope Bay exceeds expectations
Partners Hope Bay Gold (CBX-T) and Miramar Mining (MAE-T) have added a high-grade finish to their newly completed underground work program at the Boston deposit in Nunavut.Boston is one of several dep…
CDNX remains adrift in summer doldrums
Canada’s junior exchange remained steady over the report period ended July 25, with all indices edging slightly downward.The Canadian Venture Exchange added 0.88 point to its value and finished the we…
Exchange Rates (July 31, 2000)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateJuly 25July 24July 21July 20July 19…
Northern Miner Indices (July 31, 2000)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T22.7ComincoCLT-T3.8FalconbridgeFL-T7.0Franco-Nevada MiningFN-T5.8Freeport McMoR…
LME Warehouse Levels (July 31, 2000)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, July 25/99 (change from July 18 in brackets):MetalStock(tonnes)Change…
Producer and Dealer Prices (July 31, 2000)
Antimony: Mid-mkt US$1,555/t.Bismuth: Mid-mkt US$3.30/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$12.40-14.00/lb.Copper: Comex Sept. US$0.87/lb.Indium: In…
MEETINGS (July 31, 2000)
July 31 Athlone — annual; 10 a.m., Ste. 1300, 1111 W. Georgia St., VancouverJuly 31 Intercontinental — annualJuly 31 Int’l Falcon — annualJuly 31 JNR Res. — annu…
El Peon boosts earnings for Meridian
Meridian Gold (MDG-N) has turned in a record-setting second quarter on the strength of the El Peon gold-silver mine in northern Chile.The underground operation, 120 km southeast of Antofagasta, produ…
Breakwater basks in profits
Zinc producer Breakwater Resources (BWR-T) is basking in profits this year, even while adding the Bouchard-Hbert and Langlois mines in Quebec to its roster of worldwide operations.The Toronto-based c…
EVENTS (July 31, 2000)
Aug. 6-17 31st Int’l Geological Congress and Scientific Exhibits — Rio de Janeiro, Brazil. Contact Secretariat Bureau. Tel: +55 21 295-5847. Fax: +55 21 295-8094. E-mail: 31igc@31igc.org.br.
Barrick
Rex Diamond Mining (RXD-T) and De Beers Consolidated Mines (DBRSY-Q) have signed a preliminary agreement to explore the Akchar permit in Mauritania, northwestern Africa.For more than three years, Rex …