News


Trading Summary (May 10, 2004)

Toronto’s gold stocks were alone in the red on Monday gaining 2.84 points, or 1.6%, to make 180.63 and end a string…



A view of ongoing work on the Central Valley zone, part of QGX's Golden Hills property in western Mongolia.

QGX paves way for mineral exploration in Mongolia

Long before Robert Friedland’s Ivanhoe Mines (IVN-T) discovered the huge Oyu Tolgoi copper-gold porphyry in the South Gobi Desert, QGX () had recognized the untapped mineral potential of Mongolia, a country co…



UGL takes aim at Mongolian targets

Vancouver — Vancouver-based UGL Enterprises () is preparing to drill two of the six large properties in Mongolia that it acquired over the past year. The acquistions were made under an arrangement with Mine Info, a Mongolian ex…


An aerial view of Southwestern Gold's Boka gold project, situated in Yunnan province in southern China, about 110 km north of the capital, Kunming.

Juniors blaze path to Middle Kingdom

Vancouver — Ten years ago, investing in China’s mineral industry was a risky, laborious and often frustrating proposition for foreign companies. That’s not the case today, thanks to an economic boom that has fueled price increases for most metals…



From left: First Associates Analyst Don Poirier, RBC Dominion Securities Investment Advisor Tad Bartkiewicz, IMA "Qualified Person" Paul Lhotka, and IMA Director Sean Hurd stand together at IMA's Navidad property in Chubut province, southern Argentina.

IMA squares off against Aquiline

Gastre, Argentina — IMA Exploration (IMR-V) has discovered what appears to be a sizable silver resource on its Navidad project in Argentina’s Patagonia region, and Toronto-based Aquiline Resources (AQI-V) wan…



Twin peak in metals prices forecast

Metal prices suffered another hefty price correction in late April, driven by fears of a slowdown in Chinese demand and tightening U.S. monetary policy. But owing to strong market-specific fundamentals, we still believe metals prices will strength…


Copper miners strike in Peru

About 1,350 workers at two mines operated by Southern Peru Copper, the country’s biggest copper miner, walked off the job for 48 hours in an effort to gain higher wages and an end to out-sourcing.


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