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News December 27, 2004

Victims’ families get $10.7m in Giant settlement

For the eight wives and 20 children left behind after a bomb killed nine miners during a combative labour dispute at the Giant gold mine in Yellowknife, N.W.T., in September 1992, it’s finally over.

News December 27, 2004

Thistle wilts under heat

Thistle Mining (THT-T) has announced a restructuring plan that entails the cancellation of existing shares.

News December 27, 2004

Queenstake strikes gold in Starvation Canyon

Queenstake Resources (QRL-T) has cut high gold grades combined with impressive widths at its Starvation Canyon project, 12 miles southwest of its Jerritt Canyon mill in Nevada.

News December 27, 2004

Quadra’s copper con heads to Asia

Vancouver — Quadra Mining (QUA-T) has shipped the first load of copper concentrate from its recently restarted Robinson mine in Ely, Nev. However, the good news was overshadowed an accident that killed two contract miners at th…

News December 27, 2004

Gold Fields in talks with Harmony

In an about-face, Gold Fields (GFI-N) has concluded preliminary talks with Harmony Gold (HMY-N), which had launched a hostile takeover of the South African major.

News December 27, 2004

Canadian Stock Exchange Indices (December 27, 2004)

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News December 27, 2004

Wild ride for Thistle Mining

The report period Dec. 15-21 saw the price of gold rise US$3.85 to close at US$440.95 per oz. in the afternoon of the 21st in London. The gold index rose 2.09 points, or 0.9%, to close at 211.20. The diversified metals and mining index was up 10.7…

News December 27, 2004

Base metals leave golds behind

U.S. stock markets were quiet during the report period Dec. 15-21, rising only slightly. The Dow Jones Industrial Average rose 82.98 points to 10,759.43.

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