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European central banks value gold as an `anchor’

The Swiss National Bank does not plan to sell any gold, said Jean Zwahlen, member of its governing board, recently. He was speaking to members of the World Gold Council at a dinner in Montreux, Switze…


OTHERS’ WORDS

No development better symbolizes the new attitude in Latin America than the attack on bloated public sector enterprises. These protected activities had locked the economies of the region into hopeless…



Curragh plans strip coal mine in Nova Scotia

Environmental approval is all that is needed for Curragh (TSE) to open a strip coal mine at Stellarton, N.S. The project is three kilometres from the Westray mine where an explosion in May killed 26 m…


Noranda boosts Louvem stake

Noranda Minerals, a unit of Toronto-based Noranda (TSE), recently increased its stake in Societe Miniere Louvem (TSE) to 56.6% from 52% by exercising its rights under an agreement signed in August, 19…


Pezim juniors on diamond trail

Instead of joining the stampede to the Lac de Gras region of the Northwest Territories, two of Murray Pezim’s juniors recently acquired by staking an equal interest in claims covering a previously dis…


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