News


Shougang losing friends in Marcona

Lima, Peru — Venezuela’s President Hugo Chavez once said that China’s Chairman Mao and South America’s independence hero Simon Bolivar would have been the best of friends had they met, a lively ackno…



Freeport posts robust profits at Grasberg

Vancouver — A year ago, Freeport-McMoRan Copper & Gold (FCX-N) was struggling to recover from a late-2003 slippage event that clipped production and profits from the Grasberg m…


Phelps balances priorities

Vancouver — Robust prices for copper and molybdenum allowed Phelps Dodge (PD-N) to post record net income of US$682.3 million, or US$6.75 per share, for its latest quarter ended Ju…


Ron Paul

Golden debate: Paul vs. Greenspan

The following is an edited transcript of an exchange between Ron Paul, Republican member from Texas of the U.S. House of Representatives, and U.S. Federal Reserve Chairman Alan Greenspan during a rece…



Klipgat gives good results

Up and running again for about five weeks, Etruscan Diamonds has produced 1,386 carats from its Klipgat alluvial diamond project in the Mooi River valley, about 40 km east of the Tirisano diamond mine…


Spot Prices Tuesday, Aug. 8, 2005 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $434.70 +2.85
Silver $7.00 -0.24
Platinum<...


TSX on a roll, surpasses Dow Jones

With oil flirting with a record close of US$64 per barrel, Toronto stocks rose 191.42 points to 10,614.35 during the Aug. 2-8 report period. The advance left the S&P/TSX Composite Index north of t…




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