News

Investors in love-in with commodities

Despite growing nervousness about the long-term effects of high oil prices on the broader economy, investors continued their love-in with commodities over the August 9-15 report period. Resource stock…


Spot Prices Tuesday, Aug. 15, 2005 Courtesy of Scotiabank

Precious Metals Price (US$/oz.) Change
Gold $440.85 +6.15
Silver $6.98 -0.02
Platinum<...







Continental tests Xietongmen (August 22, 2005)

Ongoing drilling by Vancouver-based junior Continental Minerals (KMK-V) continues to return some wide swaths of copper mineralization on the Xietongmen copper-gold project, 240 km s…



Newmont profit up 35%

Vancouver — Stronger gold prices more than offset higher operating costs, propelling Newmont Mining (NEM-N) to second quarter net income of US$50 million, or US11 per share, up 35…


Production delay, cost increase at Tabakoto

Vancouver — After a recent site inspection, management of Nevsun Resources (NSU-T) has announced a production delay and a capital-cost increase for the Tabakoto open-pit mine in th…



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