Junior golds awake from slumber
Vancouver — The first trading week of the month was a stellar one for junior explorers as rattled investors snapped up shares in gold-related companies. Nonetheless, the newly minted Standard & Poor’…
News
LionOre buys out Anglo’s Tati stake (May 13, 2002)
LionOre Mining International (LIM-T) has struck a US$75.9-million, all-cash deal to buy Anglo American’s (AAUK-Q) nickel interests in Botswana.The assets include a 43.35% stake in Tati Nickel Mining C…
CMHF calls for nominations
The Canadian Mining Hall of Fame’s (CMHF) board of directors has issued its annual call for nominations.The next group of inductees will be honoured at a ceremony in January 2003. Their names will be …
Agnico-Eagle buoyed by Q1 profits
Agnico-Eagle Mines (AGE-T) returned to profitability in the first quarter of 2002, after finishing 2001 with a loss of US$7.7 million.Net earnings in the recent quarter totalled US$477,000 (or 1 per …
GREATEST VALUE TRADED, MAY 1-7
ExchgVal($000s)HighLowCloseChangeBarrick GoldT58177834.0030.7032.32+0.67…
AngloGold lowers costs (May 13, 2002)
Vancouver — In the first quarter, AngloGold (AU-N) felt the impact of the sale of its high-cost mines in South Africa as production dropped 340,000 oz. However, cash costs improved considerably to US…
Gold Fields joins Radius in Guatemala
Guatemala City, Guatemala — Recognizing the country’s geological potential for major discoveries, Gold Fields (GFI-N) of South Africa has taken an aggressive position in the early days of exploration…
News – 13-MAY-02
It isn’t academic!
Sustainable development has certainly become the hot topic. During April and May 2002, Canada played host to two major mining conventions organized around the subject.First came the annual meeting of …
New e-mail for TNM (May 13, 2002)
The Northern Miner’s editorial department has a new e-mail address: tnm@northernminer.comFor circulation inquiries, please contact us at…
Gold Funds (May 13, 2002)
Gold Funds as at May 2, 2002Dundee Precious MetalsCentral FundNet Value$21.88$5.75Price$16.75$6.16…
Partners pull gold at El Limon
Vancouver — Sixty-forty partners Teck Cominco (TEK-T) and Miranda Mining (MRM-V) continue to define a zone of gold mineralization at the El Limon prospect in Mexico’s Guerrero state. The deposit is p…