News


Gold outshines the TSX

The Toronto Stock Exchange’s gold index mirrored the yellow metal’s performance during the Nov. 12-18 report period, ending with a surge to sit 9.01 points higher at a new year-high mark of 226.70.Gol…


Claude buoyed by higher gold sales

Increased gold and sales and a higher gold price helped Claude Resources (CRJ-T) achieve net earnings of $1 million during the three months ended Sept. 30.The profits translate into 2 per share, and …


E3 to be free of charge

Beginning in March 2004, the E3 Environmental Excellence in Exploration program will be available on the Internet free of charge.The program was launched by the Prospectors & Developers Association of…


LME Warehouse Levels (November 24, 2003)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Nov. 17 (change from Nov. 10 in brackets):MetalStock(tonnes)ChangeAluminium1384225(+1…


Golds rebound on mixed week

The major bourses south of the border picked up where they left off. The Dow Jones Industrial Average ended the Nov. 12-18 period off 224.67 points at 9624.16, while the Standard & Poor’s 500 index dr…


People (November 24, 2003)

Alliance Resource — Brian Cantrell appointed VP and CFO.Desert Sun — Peter Tagliamonti appointed VP and COO.European Goldfields — Eduardo Baer appointed president and executive directo…


Partners test Trinidad South (November 24, 2003)

Globestar Mining (GMI-V) has launched a 2,000-metre drill program over the 3-sq.-km Trinidad South gold-in-soil anomaly on the Bayaguana gold project in the Dominican Republic.Globestar believes Trini…




Shahuindo suit heads to Lima (November 24, 2003)

Ruling that a lower court judge is legally incompetent, the Supreme Court of Peru has voided a previous decision favouring the plaintiff in a legal battle over the Shahuindo gold property.The Supreme …


Partners advance Tulawaka gold project

Tanzania’s Ministry of Energy and Mineral Resources has granted partners Barrick Gold (ABX-T) and Northern Mining Explorations (MDN-T) a special mining licence for the commercial development of the Ea…


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