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News November 29, 2004

Glamis pins hopes on El Sauzal

Vancouver — Glamis Gold (GLG-T) says the recent start of mining and processing at its newly built El Sauzal mine in Mexico will lead to higher overall gold production at lower costs.

News November 29, 2004

Equinox rethinks Lumwana

A change in the development plan at the Lumwana copper project in Zambia promises to reduce capital costs for operator Equinox Minerals (EQN-T).

News November 29, 2004

Canadian Stock Exchange Indices (November 29, 2004)

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News November 29, 2004

Golds sag despite rising bullion

U.S. stock markets finished little-changed over the report period Nov. 17-23 despite a selloff on Nov. 19 following comments by Federal Reserve chairman Alan Greenspan on how the U.S. current account deficit might depress the value of the greenbac…

News November 29, 2004

Juniors follow gold, other commodities higher

The junior mining sector remained upbeat during the report period Nov. 9-16 as the gold price approached and closed near the US$450-per-oz. mark. Toronto Venture Exchange-listed companies were likewise looking up. The S&P-TSX Venture Exchange Inde…

News November 29, 2004

TSX hits high as golds ease

Toronto stocks added another 7.59 points over the Nov. 17-23 report period to end at a 4-year high of 8,995.19. The gold index yo-yoed its way 3.68 points lower to 225.5 even as the yellow metal tacked on US$4.70 to finish at US$448.15 per oz. in…

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