South African miners recently staged a massive rally to protest layoffs by Placer Dome at its Western Areas joint venture.About 2,000 people gathered at a soccer pitch near Johannesburg in demonstrati…
ExchgVol(000s)HighLowCloseChangePlacer DomeT16429…
The Vancouver Stock Exchange composite index slid 1.08 points, or 0.3%, over the report period ended Nov. 2, finishing the week at 394.12. The mining index followed suit, losing 2.68 points, or 0.97%,…
The Toronto Stock Exchange 300 index jumped 150.44 points during the report period ended Nov. 2 to finish at 7,215.32. Resource stocks were mixed: the metals and minerals sub-group rose 10.57 points t…
Ocean shipping rates for mineral commodities declined over the past 18 months, according to a survey by Western Mine Engineering.Rates for “Cape” vessels, the largest ocean-going transports, with a ca…
Junior United Carina Resources (UCA-V) has received encouraging results from preliminary drilling at its Linear Group gold property near Gander, Nfld.Ten holes totalling 550.2 metres were drilled to f…
Rio Tinto (RTP-N) has allowed Arizona-based junior Ecuadorian Minerals (EMC-T) to defer the first year’s property payment at the Beroen gold-sliver project in Ecuador until completion of a bankable fe…
Gold Fields (GOLD-Q) plans to acquire all the outstanding shares of Johannesburg-listed St. Helena Gold Mines it does not already own.The South African-based company hopes to acquire the shares (equiv…
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateNov. 2Nov. 1Oct. 29Oct. 28…
With production results exceeding expectations and profits rolling in from the sale of top-quality gemstones, mining analysts are taking renewed interest in Namibian Minerals (NMR-T).Using new underwa…
Kieran Downes appointed president and CEO.
R.F. Mabanta, Trevor Isfeld, Costas Takkas, and Lawrence Heuchert appoint directors.
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