Uranium prices hurt Cameco
Lower uranium prices took a big bite out of Cameco’s (CCO-T) net earnings in the first three months of 2001.Dur…
News
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…
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…
Inco ready to develop Goro
With feasibility studies now complete, nickel producer Inco (N-T) has decided the Goro nickel project, in the French Pacific territory of New Caledonia, should be brought into production.Chairman Mich…
NB gold prospect shows potential
Sackville, N.B. — Drilling by Freewest Resources Canada (FWR-M) has encountered a broad intercept of high-grade gold mineralization at the Clarence Stream property in southwestern New Brunswick.While…