Manhattan exits Peru
Vancouver — Having had its fill of difficulties in Peru,
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OSC head to step down
David Brown will resign as chairman of the Ontario Securities Commission at the end of June 2005.
Apollo takes off
Gold breaks US$450 per oz.
Gold broke through the psychological US$450-per-oz. barrier during the Nov. 24-30 report period, ending near a 16-year high of US$453.40 per oz. in the afternoon in London on Nov. 30. Still, the Toronto Stock Exchange’s gold index suffered a late-…
Holiday quiet calms markets
U.S. stock markets traded in a narrow range between Nov. 24 and 30, a trading period bisected by the U.S. Thanksgiving holiday. The S&P 500 index closed 3.12 points lower, at 1,173.82, in four trading days that saw the index move in a 14-point ban…
Seeing no evil
We’re fortunate to have another example in front of us. At the Chenjiashan coal mine in China’s Shaanxi province, 116 miners are missing and presumed dead, and another 50 are confirmed dead following a methane explosion.
Through the magic of NGOs
Manhattan Minerals has sold its Peruvian mineral interests for US$600,000 and the assumption of $2.4 million in liabilities. So ends a cautionary tale for explorers and their backers alike.
Richmont takes reins at Island Gold project
Vancouver – Quebec-based Richmont Mines (RIC-T) has opted to acquire a majority interest in the Island Gold project…
Augusta acquiring Mount Hamilton gold project
Vancouver – Northern Canadian diamond explorer Augusta Resource (ARS-V) is refocusing, south of the border, by acqu…
Bendigo builds confidence (December 03, 2004)
Having spent more than A$105 million on exploration and assessment over the past 7 years, Bendigo Mining has confir…
Kirazli diamond drilling confirms gold
Vancouver – The first of Fronteer Development Group’s (FRG-T) diamond drill holes into the oxide zone of the Kirazl…
Barrick invests in Celtic Resources
Barrick Gold (ABX-T) has agreed to invest US$28 million to buy shares of Celtic Resources Holdings (CER-L) as a mea…