News




Trading Summary (May 10, 2004)

Toronto’s gold stocks were alone in the red on Monday gaining 2.84 points, or 1.6%, to make 180.63 and end a string…


China Diamond boosts output at 701 mine

Diamond mining is not new to China. The 701 Changma mine has been operating for decades, and is China’s largest diamond producer. It is an old mine currently profiting from new management and technological upgrades.


Nuinsco sizes up projects

Nuinsco Resources (NWI-T) has tabled independent resource estimates for two of its gold deposits in northwestern Ontario.



Miners help clear Nortel landslide

After being blindsided by an accounting scandal at Nortel Networks, the S&P-TSX composite index recovered to end the April 28-May 4 report period 221.05 points higher at 8,455.85.


Canadian Stock Exchange Indices (May 10, 2004)

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Cameco subsidiary opens Boroo mine

In a development that marks the first successful Canadian foray into Mongolia, production is under way at the Boroo gold mine, northwest of Ulaanbaatar.




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