Barrick defends hedging
Shareholders of Barrick Gold (ABX-T) come to their annual meeting for more than the usual spiel about profits, projects and strategies for growth. They come for the religion — the gospel according to…
News
High-flying International Wayside grounded by regulators
After gaining 61 in a single day to close at $2.04 on the trading of almost 2 million shares, International Wayside Gold Mines (IWA-V) was slapped with a cease-trade order on the morning of May 11 pe…
Industry supports species-at-risk legislation in principle
Over the past several weeks, The Northern Miner has run several columns critical of the federal government’s efforts to bring forward legislation for protecting species at risk [see T.N.M., Feb. 28-Ma…
Namco output slips
Higher prices and a slight increase in the size of recovered diamonds helped Namibian Minerals (NMR-T) combat lower production in the first quarter of 2000.The company posted earnings of US$2.2 millio…
MEETINGS (May 22, 2000)
May 23 Black Mountain — annual, specialMay 23 Cora Res. — annual, generalMay 23 Luzon — annualMay 23 Rubicon — annual, generalMay 23 Visionary…
Boliden expands Ronnskar
The Ronnskar smelter even looks broad-shouldered, hunched on a low peninsula that that pokes out into the Gulf of Bothnia. It needs those shoulders to carry the expectations placed on it by Boliden (B…
Winspear appeals Camsell Lake ruling
The Camsell Lake soap opera continues. Winspear Resources (WSP-T) is appealing an April 10 ruling by Justice Duncan Shaw of the Supreme Court of British Columbia that Aber Resources (ABZ-T) can retain…
BHP tables report to develop more pipes
Vancouver — BHP Diamonds wants to add the Pigeon and Beartooth kimberlite pipes to the existing Ekati diamond mine plan in Canada’s Far North, increasing the projected lifespan of the operation to 18…
Lac des les: the early days
My father and mentor, Walter Baker, was undeniably one of the best prospectors ever to roam Canada. His favourite saying before each long field season was: “Over the next hill is mine.”Although my bro…
The Northern Miner — North American Mining Index (May 22, 2000)
84.40 (+1.61)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (May 22, 2000)
53.18 (-1.61)(Sept. 30/98 = 100)…
Gold Funds (May 22, 2000)
Gold Funds as of May 11, 2000Dynamic MutualCentral FundNet Value$12.95$5.54Price$8.00…