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
Analyst gives nod to Battle Mountain-Newmont merger Investment Commentary
What’s good for the goose isn’t alway great for the gander. Tanya Jakusconek, gold analyst for National Bank Financial, views the recently announced merger between Battle Mountain Gold (BNG-N) and New…
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…
The Northern Miner — North American Mining Index (July 31, 2000)
66.23 (-3.93)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (July 31, 2000)
48.57 (-0.72)(Sept. 30/98 = 100)…
Exploration keeps Eagle Plains busy
Eagle Plains Resources (EPL-V) holds an impressive portfolio of gold and base metal properties in British Columbia and the Yukon, and the junior intends to carry out more than 2,900 metres of diamond …
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…
Glen Harper convicted on insider trading charges
The Ontario Court of Justice has found Glen Harper, president of Golden Rule Resources (GNU-T), guilty of two charges of illegal insider trading in the company’s shares during early 1997, when the com…
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…