News




Exercise program good for gold company execs

The recovery of gold equities allowed various gold company executives to cash in on low-priced stock options in the past month. Insider trading transactions reported in the April 2004 issue of the OSC Bulletin include the following:…




Wheaton River sees profits jump 700%

Vancouver — Wheaton River Minerals (WRM-T) posted a 700% increase in earnings for the quarter ended March 31, marking its seventh (and last) successive quarter of record earnings.


Chinese economy affects gold markets

The mere hint of a potential slowdown in the torrid growth of China’s economy helped shave a painful US$50 per oz. off gold prices over the past month, dropping spot prices into the US$380-per-oz. range.


Bolivian unions take up arms

Unions in Bolivia are taking up arms in an effort to ward off swarms of jobless miners occupying three tin-zinc deposits.



Aluminum giants eye Guinean refinery (May 24, 2004)

The world’s two largest aluminum producers — Alcoa (AA-N) and Alcan (AL-T), of Pittsburgh, Pa., and Montreal, Que., respectively — are considering joining forces to build an alumina refinery in Guinea, West…


Editorial: The treasure, and her map

What do we have to do to get that damn woman off our backs? — Attributed to a Mines Minister headed to a meeting with the late Mary-Claire Ward.


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