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News August 23, 2004

Takeover fight costs Iamgold

The costs of a failed merger plan with Wheaton River Minerals and a takeover fight with Golden Star Resources added up to corporate charges of US$5.7 million, which nearly wiped out second-quarter profits at Iamgold (IMG-T).

News August 23, 2004

Insider Trading (August 23, 2004)

The following insider trading transactions were reported in the July OSC Bulletin, published by the Ontario Securities Commission:…

News August 23, 2004

Canadian Stock Exchange Indices (August 23, 2004)

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News August 23, 2004

Golds hit by rising dollar

U.S. stock prices bounced back strongly on Aug. 10 and 11, as the market digested news of the most recent Federal Reserve rate increase. But the S&P 500 index, which rose 1%, to 1,075.79, and the Dow Jones Industrial Average, which took back 1.3%,…

Calvin Keats, a prospector working for Crosshair, pans oxidized subcrop from Titan trench 7.

News August 23, 2004

Crosshair sets its sights on gold

Gander, Nfld. — Crosshair Exploration & Mining (CXX-V) is targeting gold in Newfoundland with a winning combination of interesting geology, anomalous gold, and experienced personnel.

News August 23, 2004

Merger plans boost Iamgold share price

The report period has been reduced to two days this issue because The Northern Miner office is moving. The Aug. 10-11 period saw the price of gold close down US$5.15 at US$393.85 per oz. in the afternoon in London.

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