Trading Summary (March 23, 2004)
Toronto’s gold index stood out from the pack gaining 2.94 points, or 1.3%, to make 224.59 on Tuesday. The diversifi…
News
BHP Billiton boosts nickel business (March 23, 2004)
Anglo-Australian giant BHP Billiton (BHP-N) has approved a US$1.4-billion plan to develop its Ravensthorpe nickel l…
Glencairn cuts more gold at Limon
Vancouver — Glencairn Gold (GGG-T) has tabled encouraging results from its Santa Pancha vein system in Nicaragua.
Rio Tinto finds nickel in Michigan
Rio Tinto (RTP-N) has discovered a small, high-grade nickel-copper deposit at its Eagle prospect in Michigan’s Uppe…
Trading Summary (March 22, 2004)
The Toronto Stock Exchange’s subindices finished lower across the board on Monday, sending the S&-TSX composite…
Placer Dome boss calls it quits
In a surprise move, Placer Dome (PDG-T) CEO Jay Taylor has announced that he will retire at the end of Septe…
Meadowbank “surprise” fells Cumberland
Shares in Cumberland Resources (CLG-T) shed another 25% on Monday, after the Vancouver-based miner said that…
Grand Central climbs on gold discovery (March 22, 2004)
Shares of Grand Central Silver Mines (GSLM-PK) have doubled, tripled and quadrupled in recent months, follow…
Ivanhoe honoured for Oyu Tolgoi
Ivanhoe Mines (IVN-T) Chairman Robert Friedland has been known to wax eloquently about his company’s mining projects scattered throughout the globe but before he took the stage at the annual awards ce…
Canada overtakes South Africa in diamond value
With two diamond mines already established and three projects at the permitting stages, Canada will surpass South Africa this year in terms of diamond production value and move into third place, behin…
Editorial Cartoon (March 22, 2004)
The trouble with gold
The following is an excerpt from The Trouble with Gold . . . a promising treasure from Cripple Creek, a novel by Jim Davis, a Colorado geologist and prospector. The story concerns a man searching for …