Placer Dome Inc

Gold hits US$470

For gold bugs, it was a sweet, sweet report period ending Sept. 19, as spot gold prices surged more than US$20 to breach the US$470-per-oz. barrier….


Placer Dome's mining complex at Cortez Hills in Nevada.

Placer green-lights Granny, Cortez Hills

Placer Dome (PDG-T, PDG-N) has approved development of its 60%-owned Cortez Hills gold project in northeastern Nevada and the Wallaby underground project at the Granny Smith mine in…


Hurricane season blows TSX toward 11,000

The Toronto Stock Exchange tacked on another 113.28 points to make 10,885.16 points amid yo-yoing oil prices, and the downgrading of tropical storm Ophelia, during the report period ended Sept. 12. Af…



Miners try to keep pace with Oilers

Strong gains in the energy sector were the story on the Toronto Stock Exchange as Hurricane Katrina pushed up oil and gas prices during the report period Aug. 29-Sept. 4. The Toronto Stock Exchange co…



Royal Gold basks in record royalty revenues

Vancouver — Robust gold prices and an expanded royalty portfolio allowed Denver, Colo.-based Royal Gold (RGL-T) to post record revenue of US$25.3 million for fiscal 2005, an 18% in…




Nevada Pacific puts Magistral on hold

Vancouver — The Magistral mine in Mexico’s Sinaloa state added another short chapter to its problem-plagued production history in late July when operator Nevada Pacific Gold (NPG-V…


Profit-taking drops TSX

Profit-taking in the resource sector pushed the S&P/TSX Composite Index 125.19 points lower to 10,525.49 during the Aug. 16-22 report period. The gold index retreated 6.29 points, or 3%, to 202.23…



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