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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.

News December 27, 2004

Juniors flatline despite stronger precious metals

The Christmas holiday season is sending a chill through precious metals markets, which traded in a fairly narrow range over the Dec. 15-21 period. The TSX Venture Exchange index closed at 1,746.68, up 33.39 points or nearly 2% from the beginning o…

News December 27, 2004

People (December 27, 2004)

Antofagasta — Jean-Paul Luksic appointed chairman; Marcelo Awad appointed CEO of subsidiary Antofagasta Mining South America.

News December 27, 2004

Lumina drills Regalito

Vancouver — Drilling by Lumina Copper (LCC-T) has expanded the amount of copper mineralization at the Regalito project in Chile.

News December 27, 2004

Getting the vapours

The Buenos Aires Conference of the Parties, the tenth annual review of the United Nations Framework Convention on Climate Change, did not agree, as some had hoped, on a treaty to replace the Kyoto Protocol when that ends in 2012. Instead, another,…

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