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News October 18, 2004

Gold demand on upswing

Year-over-year consumer demand for gold continued to rise in the second quarter, reflecting robustness in the jewelry and retail investment sectors.

News October 18, 2004

APAC cuts high-grade gold at Nibao

Vancouver — Drilling by APAC Minerals (APC-V) at its Nibao project in southwestern China has intersected the highest gold grades to date.

News October 18, 2004

Canadian Stock Exchange Indices (October 18, 2004)

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News October 18, 2004

Partners to expand Cerro Verde

The period ended Oct. 12 was another one of sideways chopping in the broad markets, with the Dow Jones Industrial Index falling 110.50 points to 10,077.18 and the S&P 500 index slipping 12.64 points to 1,121.84.

News October 18, 2004

Orvana output progresses

The first full year of production from the Don Mario gold mine in Bolivia has ended well for Orvana Minerals (ORV-T), with 48,000 oz. poured.

News October 18, 2004

A world of surprises

Political risk is causing conern again, just as markets were beginning to show some renewed strength. That mining projects are inherently risky is not new. However, most of the risk is usually related to the economic viability of a project or the…

News October 18, 2004

PGE measuring tool

An engineering student in South Africa has invented a device to help the platinum mining industry increase the quantity of metal it mines.

News October 18, 2004

Gold, base Metal Prices buoy market

The report period Oct. 6-12 saw the price of gold fall US70 to close at US$414.70 per oz. in the afternoon in London. In New York, oil prices reached all-time highs — close to US$55 a barrel. There was no trading on Oct. 11, owing to the Canadia…

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