News


The Mining cycle

The following is an excerpt from the ninth edition of Mining Explained, published by The Northern Miner.



Weak Metal Prices spell gloom for juniors

The TSX Venture Exchange took another hit over the June 9-15 trading period, losing almost 50 points to close at 1523. The price of gold continued to struggle and ended the period at roughly US$389 per oz., down slightly from US$391 on June 8.


Rio Narcea CEO Alberto Lavandeira (right foreground, in checkered shirt) discusses the Salave project with analysts in front of one of two Roman-era open pits that exploited the deposit's mineralized oxide cap.

Rio Narcea sizes up Salave project

Tapia de Casariego, Spain — The Salave project, near the northern coast in Spain’s Asturias province, is western Europe’s largest undeveloped gold project, and Rio Narcea Gold Mines (RNG-T) figures it is just the company to rem…


Wheaton to hold second vote

The proposed merger deal between Iamgold (IMG-T) and Wheaton River Minerals (WRM-T), accepted by Wheaton shareholders in a June 8 vote, will go back to the shareholders of both companies at meetings in late Ju…



Canadian Stock Exchange Indices (June 21, 2004)


Yanzhou’s coal a hot commodity

The trading week ended June 15 was shortened by a national day of mourning on June 11 to honour of the passing of Cold Warrior Ronald Reagan, who was buried in Simi Valley in California following funeral services in Washington D.C. Trading action…


Tahera stock churns as Jericho project approved

The week of June 9-15 saw a lot of trading, with the 10 most-active companies all trading over 7 million shares. The spot price for gold in the afternoon on June 15 in London closed at US$386.50, down US$5.85 from a week previously.




By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close