U.S. Markets february 21-27
Equity markets south of the border clawed upwards during the reporting period Feb. 21-27, but corrections in the metal markets proved to be too much for the previously buoyant resource sector. While t…
Equity markets south of the border clawed upwards during the reporting period Feb. 21-27, but corrections in the metal markets proved to be too much for the previously buoyant resource sector. While t…
Following a positive prefeasibility study, Goldbelt Resources (GLD-V, GLDDF-O) has submitted applications for mining permits on the Inata gold deposit, part of Goldbelt’s Belahouro pr…
Vancouver — Glamis Gold (GLG-T, GLG-N) has inked an agreement to acquire Western Silver (WTC-T, WTZ-X) in a share deal valued at about $1.2 billion….
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)…
Close: Feb. 24, 2006…
Thunder Bay, Ont., junior Wolfden Resources (WLF-T, WFDNF-O), with a significant presence in the Arctic already, has gone on a Slave Province shopping spree….
Vancouver — Strong bullion prices helped offset some higher mine operating costs for Newmont Mining (NMC-T, NEM-N) in 2005, resulting in annual net earnings of US$322 million, or 72…
Lower head grades at the Kumtor gold mine in Kyrgyzstan increased production costs at Centerra Gold (CG-T, CAGDF-O) in 2005, leaving the gold miner with net earnings of US$42.4 millio…
Stronger precious metal prices helped the junior-resource-dominated S&P-TSX Venture Composite Index inch up 4.15 points to close the Feb. 21-27 trading session at 2,543.33. Average daily trading v…
The Toronto Stock Exchange retreated 159.29 points to 11,706.47 during the five trading days ended Feb. 27. The gold index fell 4% to 265.39 as the underlying commodity shed US$1.25 to US$553.25. The…
Golden Phoenix Mnrls — David Caldwell appointed president and COO….
COMMENTARY…
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