Queenston picks up new zone east of McBean
Deep drilling by Queenston Mining (QMI-T) at the Princeton property, about 15 km east of Kirkland Lake, Ont., has r…
News
Levack 2 shaft revival
FNX Mining (FNX-T) and joint venture partner Dynatec (DY-T) are breathing new life into the Levack no.2 shaft, 40 k…
Spot Prices Tuesday, December 7, 2004 Courtesy of Scotiabank
Precious MetalsPrice (US$/oz.)Change…
Ivanhoe eyes Mongolian coal
Vancouver — Buoyant prices, driven largely by unquenched demand from China, has prompted
MinMetals deal for Noranda offers little for Canada
This is the first of two parts taken from a paper titled China Minmetals and Noranda: A Backdoor Nationalization Process of Canada’s Natural Resources? The paper was written and published by the office of David Kilgour, Liberal member of Parliamen…
Yamana breaks ground in Brazil (December 13, 2004)
Armed with a recently completed feasibility study,
Community development: evaluating for results
In an effort to meet international and local expectations for corporate responsibility, mining companies have begun to adopt community development initiatives. These are often grounded in corporate policies that emphasize long-term partnerships wi…
Growing China will need gold imports
China’s gold mine production reached a record 213 tonnes in 2003, but this amount is still insufficient to satisfy the demand for gold for jewelry and industry, which is running at around 250-300 tonnes a year.
Juniors flat as gold holds above US$450
Precious metals, for the most part, traded in a narrow range over the trading period Dec.1-7. which saw a bit of weakness return to the junior mining sector. The TSX venture exchange index closed at 1712.19, down 37.2 points, or 2% lower from the…
Merger mania fuels trading
The report period Dec. 1-7 saw the price of gold fall US$1.60 to close at US$451.80 per oz. in the afternoon in London. All mining-related indices lost ground. The gold index fell 13.2 points, or 5.9%, to close at 209.30, and the diversified metal…
Miners take a smackdown
U.S. stock markets were little-changed over the report period Dec. 1-7, but the mining stocks fell sharply. The S&P 500 index, representative of the broad market, was up 3.25 points to 1,177.07, but the XAU gold and silver index fell about 6% in t…
Sinclair on gold and the greenback
Looking ahead to the coming year in gold, we present an edited version of an interview with James Sinclair, gold trader and chairman of