Santo Domingo, Dominican Republic — Globestar Mining (GMI-V) (formerly TGW Corp.) has taken a step toward joining the ranks of mid-tier base metal producers by signing a mining resolution for its Cer…
Fueled in part by gains in the gold and base metal sectors, the Toronto Stock Exchange rocketed 148.32 points over the April 30-May 6 report to land at 6,693.71.By the period’s end, the gold group had…
Vancouver — A change in the accounting of retirement benefits helped the world’s second-largest copper producer reduce its losses in the first quarter.Phoenix-based Phelps Dodge (PD-N) lost US$15 mil…
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T20.0%CamecoCCO-T3.6%FalconbridgeFL-T4.6%Freeport McM BFCX-N5.8%GoldcorpG-T4.5%IncoN-T8.0%Kinross GoldK-T4.5%Newmont MiningNEM…
The Toronto Stock Exchange moved lower over the report period April 23-29, with profit-taking marking the end of a rally that lasted more than three weeks. The TSX Composite index fell 37.53 points to…
The Toronto Stock Exchange composite index began the holiday-shortened April 16-22 report period in retreat mode but quickly found its footing to finish the week 97.74 points ahead. Fueling the rally …
Vancouver — Placer Dome (PDG-T) is preparing to start up the Turquoise Ridge gold mine, part of the Getchell project in northwestern Nevada’s Humboldt Cty.The daily milling rate is projected to be 1,…
Vancouver — Over the past decade, platinum miners have been eager to advance known deposits on Zimbabwe’s Great Dyke, home to the world’s second-largest reserve of platinum. However, a strong nationa…
Cameco was the biggest newsmaker over the April 9-15 report period, announcing a possible suspension to production at the McArthur River mine in Saskatchewan. A shutdown translates into $4-5 million a…
The Toronto Stock Exchange’s S&P/TSX composite index advanced 27.56 points to end the April 2-8 report period at 6,438.71 as the U.S.-led coalition marched into Baghdad and raised hopes for a quick co…
Vancouver — Crystallex International (KRY-T) has tabled a new reserve estimate for the long-stalled Las Cristinas gold project in southeastern Venezuela.An independent study by Reno, Nev.-based Mine …
Vancouver — North America’s third-largest gold company reduced its hedging program by 1.1 million oz. in the first quarter of 2003.Placer Dome (PDG-T) converted 920,000 oz., which were committed unde…
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