News


Gold royalty likely to be shelved (April 05, 2004)

The government of South Africa is expected to scrap a proposed 3% royalty on revenue from gold mining companies with operations in the country. The industry has warned that the royalty would force them to close mines and lay off workers.


Tiffany joins Utah mining protest

New York, N.Y.-based jewelry giant Tiffany & Co. recently took out a full-page advertisement in the Washington Post protesting the proposed Rock Creek copper-silver mine in northern Idaho.



College cancels mining program

The College of Eastern Utah has dropped its mining program after 30 years, owing to declining enrolment and state legislature-inflicted budget restrictions.








Miners lead US market

March 24-30 was a generally good reporting period for U.S. markets, but no more so than among the metal producers. Both major market indices advanced, with the Dow up 3.2% and the S&P 500 up 3%.


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