Trading Summary (April 01, 2003)
Toronto’s gold stocks returned much of their recent gains, falling 7.1 points or 4.4% to 153.99 on Tuesday. The sli…
News
LaRonde rockfall to crimp production
The perils of being a one-mine company: Agnico-Eagle Mines (AGE-T) reports that a 30,000-ton rock fall has occurred…
Pebble resource gets a boost
Vancouver An independent resource estimate tabled by Northern Dynasty Minerals (NDM-V) has enhanced the economic…
Placer cuts hedge book (April 01, 2003)
Vancouver — North America’s third largest gold company reduced committed ounces under its hedging program by 1.1 m…
Arctic Platinum cuts Finnish PGEs
Vancouver — South Atlantic Ventures’ (SAA-V), reports that the Arctic Platinum partnership has discovered portions…
Trading Summary (March 31, 2003)
Toronto’s golds stocks added another 3.53 points to end Monday’s trading session at 161.09. In New York, gold regai…
Crystallex tallies Las Cristinas reserves (March 31, 2003)
Vancouver The Las Cristinas gold deposit has moved a step closer to development with Crystallex International (KR…
Newmont sees profits surge in 2002 (March 31, 2003)
Newmont Mining (NEM-N) saw a dramatic turnaround in its bottom line in 2002, thanks to rising gold prices and the i…
Miramar ends 2002 in the black
Vancouver For over 60 years the Con and Giant gold mines near Yellowknife have dutifully produced gold. However,…
Inco to redeem convertible preferreds, debentures
Inco (N-T is set to spend US$665 million exercising its right to redeem, on May 1, 2003, all of its outstanding 5.5…
Broad market sinks on fears of Iraqi quagmire
With the war in Iraq failing to shape up as the cake-walk many were predicting, the S&P-TSX composite index retreated 68.5 points to end the March 17-25 report period at 6,385.Gold performed about as …
Miners passed by in broad advance
The five trading days March 19-25 saw a modest advance by the U.S. stock markets, but gold and base metal equities were left out. Both major indices rose about 1%; the Dow Jones Industrial Average add…